# Navigating today's ocean freight market - AgWest Farm Credit

> AgWest Farm Credit reports that transportation costs remain elevated for Western US agricultural producers due to fuel prices, port congestion, weather and rerouting. USDA data shows grain shipping costs from the Pacific Northwest to Japan rose 26% year over year in the third quarter.

- Date: 2026-11-12 · published 2026-11-12T00:12:19.884Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/94397-navigating-today-s-ocean-freight-market-agwest-farm-credit
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Higher freight costs cut the netback on US grain sold to Asia, making Brazilian, Argentine and Australian supplies more competitive and affecting US export basis.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-10-22 | [Rising Ocean Freight Raises Costs for U.S. Grain - RFD-TV](https://feedsoft.ai/events/17245-rising-ocean-freight-raises-costs-for-u-s-grain-rfd-tv.md) | -1.2% | — |
| CORN | 2017-10-10 | [Soaring Cost of River Freight Hits Ag \| Farm Equipment Manufacturers Association](https://feedsoft.ai/events/6121-soaring-cost-of-river-freight-hits-ag-farm-equipment-manufacturers-association.md) | -0.3% | -4.5% |
| CORN | 2025-12-04 | [Ocean Freight Rates Rise as Grain Shipping Pressures Build - RFD-TV](https://feedsoft.ai/events/16896-ocean-freight-rates-rise-as-grain-shipping-pressures-build-rfd-tv.md) | +0.4% | +0.1% |
| CORN | 2024-05-20 | [Handysize freight rates continue to fall \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/30457-handysize-freight-rates-continue-to-fall-ukrainian-and-world-shipping-news.md) | +1.9% | +5.4% |
| CORN | 2024-04-08 | [Barge Captain Shares Views on Water Levels & Freight - Mid-West Farm Report](https://feedsoft.ai/events/16551-barge-captain-shares-views-on-water-levels-and-freight-mid-west-farm-report.md) | -1.2% | -1.0% |
| SOY | 2026-10-22 | [Rising Ocean Freight Raises Costs for U.S. Grain - RFD-TV](https://feedsoft.ai/events/17245-rising-ocean-freight-raises-costs-for-u-s-grain-rfd-tv.md) | -2.3% | — |
| SOY | 2017-10-10 | [Soaring Cost of River Freight Hits Ag \| Farm Equipment Manufacturers Association](https://feedsoft.ai/events/6121-soaring-cost-of-river-freight-hits-ag-farm-equipment-manufacturers-association.md) | +2.5% | +1.8% |
| SOY | 2020-02-26 | [Sickness Spreads Through Freight Markets](https://feedsoft.ai/events/54524-sickness-spreads-through-freight-markets.md) | +1.6% | +0.9% |

## Sources

- uat-cd.agwestfc.com: https://uat-cd.agwestfc.com/education-and-resources/industry-and-economic-insights/industry-insights/monthly-spotlight/market-spotlight/2026/11/09/navigating-today-s-ocean-freight-market

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