FAO/GIEWS - Food Outlook No.1 - February 2000 p. 12

Table A.9 - OCEAN FREIGHT RATES FOR WHEAT

		From U.S. Gulf ports to:					From North Pacific ports to:
		Rotterdam 1/	CIS Black Sea 1/ 2/	Egypt (Alexandria) 1/	Bangladesh 1/	East Africa Sudan 1	China 1/	Japan 1/
		( . . . . . . . . . . . . . . . . US$/tonne . . . . . . . . . . . . . . . . )
July/June
1994/95		15.25	30.46	18.74	23.75	39.65	22.29	32.46
1995/96		12.95	30.00	16.83	21.67	41.65	25.94	35.00
1996/97		11.00	18.85	12.77	20.00	-	27.00	28.29
1997/98		9.60	18.10	11.70	20.17	-	27.00	28.00
1998/99		9.40	25.45	9.25	18.75	-	27.00	29.17
1999	January	7.50	22.00	8.50	18.50	-	27.00	30.00
	June	14.75	22.00	11.00	18.50	-	27.00	30.00
	July	14.75	n.q.	11.00	18.50	-	27.00	30.00
	August	14.75	40.97	12.00	18.50	-	27.00	31.00
	September	12.00	40.97	11.00	18.50	-	27.00	31.50
	October	12.00	40.97	13.00	18.50	-	27.00	32.00
	November	12.00	40.97	15.00	18.50	-	27.00	32.25
	Decmder	11.75	40.97	13.00	18.50	-	27.00	32.25
2000	January	13.00	40.97	15.00	18.50	-	27.00	32.50

SOURCE: International Grain Council

Note: Estimated mid-month rates based on current chartering practices for vessels ready to load three to four weeks ahead.

1/ Size of vessels: Rotterdam over 40 000 tons; CIS 20-40 000 tons; Egypt over 30 000 tons; Bangladesh over40 000 tons; East Africa 15-25 000 tons; China 20-35 000 tons; Japan 15-24 999 tons.

2/ Excludes CIS and United States flag vessels.