# Rates climbing for ocean, barge freight as war in Ukraine continues - Supply Chain Council of European Union | Scceu.org

> Ocean and US barge freight rates are climbing as rising crude prices and the war in Ukraine push costs up. USDA data show U.S. Gulf to Japan grain freight at $79 per tonne, 70% above the four-year average. Barge spot rates have also skyrocketed as demand for U.S. grain substitutes for Black Sea supplies.

- Date: 2022-03-18 · published 2022-03-18T12:00:00.000Z
- Category: logistics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/42463-rates-climbing-for-ocean-barge-freight-as-war-in-ukraine-continues-supply-chain
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Higher ocean freight raises landed costs for importers of U.S. feed grains and meal, which can shift buying toward other origins and support U.S. export basis discounts. Energy-linked fuel costs also feed through to freight.

## Read by commodity

- WTI: bullish ▲
- BARGE: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2022-03-17 | [Ocean Freight Rates Reach Highest Level Since November](https://feedsoft.ai/events/42456-ocean-freight-rates-reach-highest-level-since-november.md) | +21.1% | +9.8% |
| WTI | 2022-02-25 | [Shippers prepare as Ukraine crisis prompts emergency fuel surcharges - The Loadstar](https://feedsoft.ai/events/12932-shippers-prepare-as-ukraine-crisis-prompts-emergency-fuel-surcharges-the.md) | +16.1% | +22.4% |
| WTI | 2022-03-23 | [Oil jumps 5% as Caspian pipeline disruption adds to supply fears \| Reuters](https://feedsoft.ai/events/8484-oil-jumps-5-as-caspian-pipeline-disruption-adds-to-supply-fears-reuters.md) | -6.3% | -7.8% |
| WTI | 2022-05-01 | [Grain industry continues to face logistical challenges](https://feedsoft.ai/events/41308-grain-industry-continues-to-face-logistical-challenges.md) | +4.9% | +9.9% |
| WTI | 2022-12-12 | [Oil up $2/bbl on supply risks amid ongoing Keystone outage](https://feedsoft.ai/events/38399-oil-up-2-bbl-on-supply-risks-amid-ongoing-keystone-outage.md) | +4.5% | +5.7% |

## Sources

- scceu.org: https://scceu.org/rates-climbing-for-ocean-barge-freight-as-war-in-ukraine-continues/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.