![Ocean Freight Rates Revert to Pandemic Lows](http://townsquare.media/site/1144/files/2022/07/attachment-Trade-14.jpg?w=980&q=75)
Ocean Freight Rates Revert to Pandemic Lows
According to a recent analysis by U.S. Wheat Associates, since the highs of 2021, freight prices have dropped to lows not seen since June 2020. Coupled with a recent break in wheat prices, decreased ocean freight costs have helped turn the tides back in the importers' favor.
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