Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
51% was the increase in freight costs versus 18% for grains and oilseeds FOB prices between January 2025 and September 2026; the IGC highlights this as a rising freight share in delivered prices.
18% was the increase in average grains and oilseeds FOB prices between January 2025 and September 2026, according to the IGC Grains and Oilseeds Index (GOI).
51% was the increase in average grains and oilseeds freight costs between January 2025 and September 2026, according to the IGC Grains and Oilseeds Freight Index (GOFI).
Between 2016 and 2019, drought periods in Australia reduced demand and weighed on grains and oilseeds freight values, according to the GOFI long-term trend.
From 2013 through September 2026, South America recorded the steepest increase in grains and oilseeds freight costs among the origins compared by the GOFI, reflecting a marked rise in cargo requirements and associated port delays.
From 2013 through September 2026, freight costs from the Black Sea increased alongside rising grains exports, according to the GOFI long-term trend.
The steepest year-on-year freight rate gains were recorded in Southern Hemisphere origins—Australia, Argentina and Brazil—in September 2026, partly reflecting plentiful grains and oilseeds exports.
In Australia, robust demand for iron ore and coal dispatches provided additional support to grains and oilseeds freight rates in September 2026.
US$41.497 billion in export revenue is projected, 6.9% more than in 2026; fiscal revenue would reach US$15.037 billion (+3.9%) and gross agro-industrial product US$54.297 billion (+5.9%).
13,101,815 metric tons were registered through Sworn Declarations of Foreign Sales in August 2026, the highest volume recorded for that month since the system was implemented.
