FAO/GIEWS - Food Outlook No.4 - September 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
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	9.42	25.45	9.25	18.75	-	27.00	29.17
1999/00	12.55	40.97	13.65	18.50	-	27.00	32.83
1999 - August	14.75	40.97	12.00	18.50	-	27.00	30.00
2000 - January	13.00	40.97	15.00	18.50	-	27.00	32.50
February	11.10	40.97	12.00	18.50	-	27.00	32.50
March	11.10	40.97	12.00	18.50	-	27.00	32.50
April	13.20	40.97	15.00	18.50	-	27.00	35.50
May	13.20	40.97	15.00	18.50	-	27.00	36.00
June	12.50	40.97	17.00	18.50	-	27.00	36.00
July	12.50	40.97	16.25	18.50	-	27.00	36.00
August	16.00	40.97	16.25	18.50	-	27.00	36.00

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.