# Grain Transportation Report, July 15, 2021

> The USDA Grain Transportation Report says ocean freight rates for bulk grain rose sharply in the second quarter of 2021, with U.S. Gulf to Japan at $65.94 per metric ton, up 26% quarter on quarter. Rates to Europe and from the Pacific Northwest also climbed, driven by reopening demand and stimulus-fueled trade.

- Date: 2021-07-01 · published 2021-07-01T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/45953-grain-transportation-report-july-15-2021
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Higher ocean freight raises landed costs for U.S. grain and soybean exports, which can narrow FOB export basis and weigh on U.S. feed grain prices relative to competing origins.

## Read by commodity

- SBM: neutral
- SOY: neutral
- CORN: neutral
- BARGE: bullish ▲
- DIESEL: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-07-03 | [Grain Transportation Report, July 3, 2025](https://feedsoft.ai/events/16440-grain-transportation-report-july-3-2025.md) | -3.6% | -8.4% |
| SOY | 2022-07-28 | [Grain Transportation Report, July 28, 2022](https://feedsoft.ai/events/16694-grain-transportation-report-july-28-2022.md) | -1.3% | -1.1% |
| SOY | 2024-06-13 | [Grain Transportation Report, June 13, 2024](https://feedsoft.ai/events/29951-grain-transportation-report-june-13-2024.md) | -1.9% | -3.6% |
| SOY | 2024-06-20 | [Grain Transportation Report, June 20, 2024](https://feedsoft.ai/events/16537-grain-transportation-report-june-20-2024.md) | -1.0% | -6.4% |
| SOY | 2021-08-01 | [Grain Transportation Report, August 19, 2021](https://feedsoft.ai/events/45462-grain-transportation-report-august-19-2021.md) | +0.5% | -3.9% |
| CORN | 2022-07-28 | [Grain Transportation Report, July 28, 2022](https://feedsoft.ai/events/16694-grain-transportation-report-july-28-2022.md) | +2.8% | +5.6% |
| CORN | 2025-07-03 | [Grain Transportation Report, July 3, 2025](https://feedsoft.ai/events/16440-grain-transportation-report-july-3-2025.md) | -5.1% | -5.0% |
| CORN | 2024-06-13 | [Grain Transportation Report, June 13, 2024](https://feedsoft.ai/events/29951-grain-transportation-report-june-13-2024.md) | -2.1% | -8.8% |

## Sources

- doi.org: https://doi.org/10.9752/ts056.07-01-2021
- doi.org: https://doi.org/10.9752/ts056.07-15-2021
- doi.org: https://doi.org/10.9752/ts056.07-29-2021

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