# Bulkers can harvest rewards from growing North African grain imports

> Growing grain imports into North Africa, particularly Egypt, are creating demand for bulk shipping. Governments are also building strategic reserves, which adds to demand. Ukraine is cited as a key origin for loading bulkers bound for Egypt.

- Date: 2020-09-21 · published 2020-09-21T12:00:00.000Z
- Category: trade · region North Africa · magnitude low
- Page: https://feedsoft.ai/events/51024-bulkers-can-harvest-rewards-from-growing-north-african-grain-imports
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Rising North African import demand could support bulk freight rates and Black Sea grain export flows, adding modest upward pressure on wheat and freight costs.

## Read by commodity

- WHEAT: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-02-23 | [Smaller bulkers ‘big winners’ from rise in Asia grain demand \| TradeWinds](https://feedsoft.ai/events/72700-smaller-bulkers-big-winners-from-rise-in-asia-grain-demand-tradewinds.md) | -0.2% | -2.4% |
| WHEAT | 2025-02-24 | [Lower Russian grain exports could spell trouble for geared bulkers](https://feedsoft.ai/events/26251-lower-russian-grain-exports-could-spell-trouble-for-geared-bulkers.md) | -1.3% | +0.5% |
| WHEAT | 2026-08-15 | [Asia is shifting its grain purchases away from the Black Sea region towards other suppliers](https://feedsoft.ai/events/18114-asia-is-shifting-its-grain-purchases-away-from-the-black-sea-region-towards.md) | +5.5% | +9.2% |
| WHEAT | 2018-10-09 | [Russian Grain Exports Increase 26% from Last Year - Russia Business Today](https://feedsoft.ai/events/62392-russian-grain-exports-increase-26-from-last-year-russia-business-today.md) | +8.3% | +4.4% |
| WHEAT | 2018-10-31 | [Grain imports on the cards as drought drives up prices and crop forecasts slashed - ABC News](https://feedsoft.ai/events/62498-grain-imports-on-the-cards-as-drought-drives-up-prices-and-crop-forecasts.md) | -3.6% | -5.0% |

## Sources

- tradewindsnews.com: https://www.tradewindsnews.com/bulkers/bulkers-can-harvest-rewards-from-growing-north-african-grain-imports/2-1-877465

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