In Week 25, 2025 (June 16 to June 20), the International Grain Future Freight (IGF) reported the future freight rate of Panamax from U.S. Gulf to Tianjin (soybeans) from October to December 2025, and the trend is shown as follows:
Favorable weather conditions and adequate soil moisture across the U.S. Midwest have supported steady progress in soybean planting. According to data from the U.S. Department of Agriculture, as of the 2024/25 season, soybean planting has reached 93%, compared to 92% at the same time last year and the five-year average of 94%. Emergence stands at 84%, slightly ahead of last year’s 80% and the five-year average of 83%.
In terms of the transportation market, the future freight rate remained stable during the week of June 16 to 20 (Mon. to Fri.), and finally closed at $47.75 per ton, unchanged from June 13 (the last release day of Week 24).
(The analysis report is for reference only and at your own risk)
