Loading…
Shipbroker Braemar expects Brazilian corn exports to more than double in September. The growth in grain shipments is expected to benefit Panamax bulk carriers.
A sharp rise in Brazilian corn exports tightens export availability and supports Panamax freight demand, which tends to lift ocean freight costs for grain buyers.
tradewindsnews.comMichael JulianoSep 28, 2022After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
