# Midsize bulkers propelled by South American grain exports, analysts say

> Analysts at Stifel expect higher Americas grain volumes this harvest season, which is lifting demand for kamsarmax bulkers. The report says a robust South American grain export season is supporting midsize dry bulk vessels.

- Date: 2023-08-21 · published 2023-08-21T12:00:00.000Z
- Category: logistics · region Americas · magnitude low
- Page: https://feedsoft.ai/events/34763-midsize-bulkers-propelled-by-south-american-grain-exports-analysts-say
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Heavier South American grain export flows support freight demand for midsize vessels, which can keep ocean freight elevated and add cost to feed grain and meal shipments.

## Read by commodity

- SOY: neutral
- CORN: neutral
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-09-14 | [Brazil’s robust grain harvests and Panama Canal delays boost midsize bulkers, brokers say](https://feedsoft.ai/events/33985-brazil-s-robust-grain-harvests-and-panama-canal-delays-boost-midsize-bulkers.md) | -1.2% | -6.2% |
| SOY | 2023-04-06 | [Panamax bulker rates hit multimonth high during South America grain harvests](https://feedsoft.ai/events/36598-panamax-bulker-rates-hit-multimonth-high-during-south-america-grain-harvests.md) | -0.7% | -4.1% |
| SOY | 2023-09-15 | [Dry bulk spot market mounts week of broad gains as bauxite and South American grain trades surge](https://feedsoft.ai/events/34301-dry-bulk-spot-market-mounts-week-of-broad-gains-as-bauxite-and-south-american.md) | -3.7% | -4.0% |
| SOY | 2018-03-15 | [Brazilian Grain Producers Explore Increased Use of Panama Canal](https://feedsoft.ai/events/65910-brazilian-grain-producers-explore-increased-use-of-panama-canal.md) | +0.1% | +3.1% |
| SOY | 2021-09-09 | [U.S. Gulf Coast grain exports slowly resume after Ida as more power restored \| Reuters](https://feedsoft.ai/events/44973-u-s-gulf-coast-grain-exports-slowly-resume-after-ida-as-more-power-restored.md) | +1.9% | -2.3% |
| CORN | 2026-03-30 | [Over 2 mln tons of Ukrainian grain exported by sea in March - AgriInsite](https://feedsoft.ai/events/14131-over-2-mln-tons-of-ukrainian-grain-exported-by-sea-in-march-agriinsite.md) | -1.3% | -0.2% |
| CORN | 2021-09-09 | [U.S. Gulf Coast grain exports slowly resume after Ida as more power restored \| Reuters](https://feedsoft.ai/events/44973-u-s-gulf-coast-grain-exports-slowly-resume-after-ida-as-more-power-restored.md) | +1.3% | -2.3% |
| CORN | 2024-01-25 | [Ukraine's Black Sea grain export success tested by Red Sea crisis \| Reuters](https://feedsoft.ai/events/14327-ukraine-s-black-sea-grain-export-success-tested-by-red-sea-crisis-reuters.md) | -0.8% | -6.4% |

## Sources

- tradewindsnews.com: https://www.tradewindsnews.com/bulkers/midsize-bulkers-propelled-by-south-american-grain-exports-analysts-say/2-1-1504341

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