Grains & Dry Bulk · CommodityScope Indicative Freight Assessment
Brazil to Morocco Grain Freight Rates — Handymax
- CommodityScope Indicative Assessment
- CS Series CS-FRT-GRN-BRAZIL-MOROCCO-HANDYMAX
- Dry Freight Methodology v1.0
- View full Series Specification
CommodityScope assesses the indicative spot freight market for this basis at $36.00/mt for 17 October 2026, Handymax, unchanged from the previous weekly reading. The assessment represents the estimated prevailing market level for the defined basis and is not a vessel-specific quotation or fixture.
Latest freight rate
What This Rate Measures
CommodityScope indicative weekly voyage freight assessment for grain from Brazil to Morocco, Handymax vessels, in USD/mt.
Dry-bulk grain voyage rates: Dry-bulk grain voyage rates are CommodityScope weekly indicative freight assessments for a defined origin, destination and freight basis. Depending on the series, the basis may specify a parcel size, a vessel class, or both. Each distinct origin, destination and parcel/vessel basis is maintained as a separate series.
- The assessment basis states the vessel class (Handymax) rather than a tonnage for this route; the tonnage actually carried is not specified.
Assessment basis
- Origin: Brazil
- Destination: Morocco
- Cargo: Grain
- Vessel class: Handymax (tonnage not specified)
- Rate unit: USD/mt; weekly reading
- CS Series:
- CS-FRT-GRN-BRAZIL-MOROCCO-HANDYMAX
- Assessment type:
- CommodityScope Indicative Assessment
- Methodology:
- Dry Freight Methodology v1.0
- Series Specification:
- CS-FRT-GRN-BRAZIL-MOROCCO-HANDYMAX
Terms not specified
- Laycan
- Vessel identity
- Load/discharge terms
- Named berths
Commercial terms not included in the assessment basis are not inferred.
Unit and cadence
- USD per metric tonne of cargo.
- Weekly reading — the change shown compares two weekly readings.
Weekly Grain Freight Rates
Latest CommodityScope weekly assessments for the defined market basis. Dates without an available assessment are omitted. A different origin is a different page.
| Date | Rate | Weekly change | Trend |
|---|---|---|---|
| 17 Oct 2026 | $36.00 | 0.00 | steady |
| 10 Oct 2026 | $36.00 | 0.00 | steady |
| 3 Oct 2026 | $36.00 | 0.00 | steady |
| 26 Sep 2026 | $36.00 | 0.00 | steady |
| 19 Sep 2026 | $36.00 | 0.00 | steady |
| 12 Sep 2026 | $36.00 | 0.00 | steady |
| 5 Sep 2026 | $36.00 | 0.00 | steady |
| 29 Aug 2026 | $36.00 | 0.00 | steady |
| 22 Aug 2026 | $36.00 | 0.00 | steady |
| 15 Aug 2026 | $36.00 | 0.00 | steady |
| 8 Aug 2026 | $36.00 | 0.00 | steady |
| 1 Aug 2026 | $36.00 | 0.00 | steady |
| 25 Jul 2026 | $36.00 | 0.00 | steady |
| 18 Jul 2026 | $36.00 | 0.00 | steady |
| 11 Jul 2026 | $36.00 | 0.00 | steady |
| 4 Jul 2026 | $36.00 | 0.00 | steady |
| 27 Jun 2026 | $36.00 | 0.00 | steady |
| 20 Jun 2026 | $36.00 | 0.00 | steady |
| 13 Jun 2026 | $36.00 | 0.00 | steady |
| 6 Jun 2026 | $36.00 | 0.00 | steady |
| 30 May 2026 | $36.00 | 0.00 | steady |
| 22 May 2026 | $36.00 | 0.00 | steady |
| 16 May 2026 | $36.00 | 0.00 | steady |
| 9 May 2026 | $36.00 | 0.00 | steady |
| 2 May 2026 | $36.00 | 0.00 | steady |
| 25 Apr 2026 | $36.00 | 0.00 | steady |
| 18 Apr 2026 | $36.00 | 0.00 | steady |
| 11 Apr 2026 | $36.00 | 0.00 | steady |
| 4 Apr 2026 | $36.00 | 0.00 | steady |
| 28 Mar 2026 | $36.00 | 0.00 | steady |
Computed Summary
Calculated from the CommodityScope assessment series shown above. Each statistic states its applicable period and calculation method.
The latest rate of $36.00/mt on 17 Oct 2026 is unchanged from the previous weekly assessment (10 Oct 2026).
Method: Computed by CommodityScope as the difference between the two most recent weekly observations (7 calendar days apart).
It is equal to the average for September 2026, the most recent completed month (4 observations).
Method: Arithmetic mean of the available weekly rates in September 2026. Partial months are excluded from this comparison.
Over the available history (31 Jan 2026 – 17 Oct 2026), the highest rate was $41.00/mt on 31 Jan 2026 and the lowest was $36.00/mt on 7 Mar 2026.
Method: Minimum and maximum of the rate over the available history (31 Jan 2026 – 17 Oct 2026, 38 observations). This is not an all-time record.
Monthly Brazil to Morocco — Handymax Averages
Average, minimum and maximum of the available weekly rates in each calendar month. Incomplete latest months are marked month to date.
| Month | Average | Min | Max | Observations |
|---|---|---|---|---|
| October 2026Month to date | 36.00 | 36.00 | 36.00 | 3 |
| September 2026 | 36.00 | 36.00 | 36.00 | 4 |
| August 2026 | 36.00 | 36.00 | 36.00 | 5 |
| July 2026 | 36.00 | 36.00 | 36.00 | 4 |
| June 2026 | 36.00 | 36.00 | 36.00 | 4 |
| May 2026 | 36.00 | 36.00 | 36.00 | 5 |
| April 2026 | 36.00 | 36.00 | 36.00 | 4 |
| March 2026 | 36.00 | 36.00 | 36.00 | 4 |
| February 2026 | 38.50 | 37.00 | 41.00 | 4 |
| January 2026 | 41.00 | 41.00 | 41.00 | 1 |
Comparable Routes, Explained
- Argentina to Morocco Grain Freight Rates — Handymax
Same destination from Argentina with the same vessel class. The difference reflects the different route basis and prevailing market conditions.
$45.00 USD/mt · 17 Oct 2026 · difference (this − other) -9.00
- France/Germany to Morocco Grain Freight Rates — Handymax
Same destination from France/Germany with the same vessel class. The difference reflects the different route basis and prevailing market conditions.
$32.00 USD/mt · 17 Oct 2026 · difference (this − other) +4.00
- Russian Black Sea to Morocco Grain Freight Rates — Handymax
Same destination from Russian Black Sea with the same vessel class. The difference reflects the different route basis and prevailing market conditions.
$105.00 USD/mt · 17 Oct 2026 · difference (this − other) -69.00
- Ukrainian Black Sea to Morocco Grain Freight Rates — Handymax
Same destination from Ukrainian Black Sea with the same vessel class. The difference reflects the different route basis and prevailing market conditions.
$29.00 USD/mt · 17 Oct 2026 · difference (this − other) +7.00
Related Grain Freight Rates
- Argentina to Morocco Grain Freight Rates — HandymaxHandymax · $45.00 USD/mt
- France/Germany to Morocco Grain Freight Rates — HandymaxHandymax · $32.00 USD/mt
- Russian Black Sea to Morocco Grain Freight Rates — HandymaxHandymax · $105.00 USD/mt
- Ukrainian Black Sea to Morocco Grain Freight Rates — HandymaxHandymax · $29.00 USD/mt
- US Gulf to Morocco Grain Freight Rates — HandymaxHandymax · $45.00 USD/mt
- US Lakes to Morocco Grain Freight Rates — 30kt30kt · $70.00 USD/mt
- Brazil to Algeria/Tunisia Grain Freight Rates — HandymaxHandymax · $40.00 USD/mt
- Brazil to China Grain Freight Rates — PanamaxPanamax · $59.00 USD/mt
What This Assessment Represents
This is a CommodityScope indicative voyage freight assessment for the origin, destination, commodity and parcel-size or vessel-class basis defined above. It is not a live fixture. Russia and Ukraine are separate origins on separate pages; where a lane publishes several lot sizes, each lot size is a separate series on the same page. Laycan, named berths and vessel identity are not inferred when the series basis does not specify them.
How to use
- Combine the freight rate with a comparable FOB origin price to estimate a CFR-equivalent sea-delivered value, provided the cargo and freight bases are compatible.
- Compare freight levels across different origin and vessel/parcel bases; differences may reflect route, vessel availability, port conditions, timing and market balance.
Not suitable for
- Fixing a vessel: no laycan, vessel name, terms (e.g. load/discharge rates) or demurrage are implied.
- Mixing lot sizes: a 30,000 mt coaster/handysize stem is not the same market as a 40/50,000 mt panamax stem.
Assessment and computed statistics: CommodityScope. See the Dry Freight Methodology v1.0 for assessment basis, calculation principles and data policy.