Midsize bulkers propelled by South American grain exports, analysts say

Not enough comparable past events yet for a historical read.

After 230 past neutral logistics events, Soybeans moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.0%), and +0.1% over 20.

• Sep 14, 2023Brazil’s robust grain harvests and Panama Canal delays boost midsize bulkers, brokers say-1.2%
• Apr 6, 2023Panamax bulker rates hit multimonth high during South America grain harvests-0.7%
• Sep 15, 2023Dry bulk spot market mounts week of broad gains as bauxite and South American grain trades surge-3.7%
• Mar 15, 2018Brazilian Grain Producers Explore Increased Use of Panama Canal+0.1%
• Sep 9, 2021U.S. Gulf Coast grain exports slowly resume after Ida as more power restored | Reuters+1.9%

After 284 past neutral logistics events, Corn moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.4%), and -0.2% over 20.

• Mar 30, 2026Over 2 mln tons of Ukrainian grain exported by sea in March - AgriInsite-1.3%
• Sep 9, 2021U.S. Gulf Coast grain exports slowly resume after Ida as more power restored | Reuters+1.3%
• Jan 25, 2024Ukraine's Black Sea grain export success tested by Red Sea crisis | Reuters-0.8%
• Oct 27, 2026Grains fundamentals: Baltic exports and El Niño risk+0.0%
• Mar 26, 2021At least 12 American grain shipments impacted by Suez congestion | Air Freight News+1.2%