Figures compiled by Australian Crop Forecasters
show shipping volumes from West Australian ports operated by CBH, Australia's biggest grain exporter, were down by more than a million tonnes compared to the same time last year.
The Cass Freight Implied Rate Index
showed that while December freight shipment
volumes declined 6.3 percent from November, total expenditures incurred to
ship those
volumes decreased by a similar 6.7 percent.