# Market Perspectives – October 19, 2023 - Page 9 of 9 - U.S. Grains & BioProducts Council

> The U.S. Grains Council weekly market perspectives report describes a quiet week in dry bulk, with low Pacific cargo volumes and little activity in the Atlantic. Forward freight curves remained inverted and pessimistic, and the report notes ongoing Panama Canal and Mississippi River water problems.

- Date: 2023-10-19 · published 2023-10-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/33517-market-perspectives-october-19-2023-page-9-of-9-u-s-grains-and-bioproducts
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Quiet physical freight and an inverted forward curve point to softer near-term shipping costs for US grain. Ongoing canal and river restrictions are the main upside risk to freight.

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-october-19-2023/9/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.