# Dry Bulk Quarterly: Supramaxes face troubled Q4 despite resurgent US grains exports | S&P Global

> S&P Global expects Atlantic supramax dry bulk rates to lag in Q4 2020 despite strong US grain exports. Trade tensions between China and the US and a below-expected European and southern Russian wheat harvest are weighing on the outlook.

- Date: 2020-09-18 · published 2020-09-18T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/50980-dry-bulk-quarterly-supramaxes-face-troubled-q4-despite-resurgent-us-grains
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Weaker expected Q4 freight rates lower the cost of moving grain on Atlantic routes, but a poor European and Russian wheat crop supports grain prices.

## Read by commodity

- WHEAT: bullish ▲
- OCEANFRT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-10-23 | [Resuming attacks on Ukrainian grain exports threatens 1% of dry bulk market: BIMCO \| S&P Global](https://feedsoft.ai/events/14263-resuming-attacks-on-ukrainian-grain-exports-threatens-1-of-dry-bulk-market.md) | +0.3% | -1.4% |
| WHEAT | 2022-02-11 | [Ukraine's grains exporters monitor Russia's planned naval exercises \| S&P Global](https://feedsoft.ai/events/14512-ukraine-s-grains-exporters-monitor-russia-s-planned-naval-exercises-s-and-p.md) | +0.9% | +14.7% |
| WHEAT | 2022-06-29 | [Argentine trucker protest slashes grains delivery, threatening exports and milling \| Reuters](https://feedsoft.ai/events/14024-argentine-trucker-protest-slashes-grains-delivery-threatening-exports-and.md) | -8.7% | -16.2% |
| WHEAT | 2024-12-19 | [US grain exports are boosting demand for barge and rail transportation](https://feedsoft.ai/events/27130-us-grain-exports-are-boosting-demand-for-barge-and-rail-transportation.md) | +1.7% | -0.3% |
| WHEAT | 2026-02-12 | [Global Grain Shipments Surge 15% in Early 2026, Boosting Panamax Freight Rates - India Seatrade News](https://feedsoft.ai/events/20812-global-grain-shipments-surge-15-in-early-2026-boosting-panamax-freight-rates.md) | +1.1% | +4.9% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/crude-oil/091820-dry-bulk-quarterly-supramaxes-face-troubled-q4-despite-resurgent-us-grains-exports

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