# Market Perspectives – March 31, 2022 - Page 9 of 10 - U.S. Grains & BioProducts Council

> O'Neil Commodity Consulting describes a calm week in dry-bulk ocean freight, with the Baltic index lower while physical markets were mostly unchanged. Analysts expect rates to ease before any rise in Q4 as Black Sea cargo repositioning remains unclear.

- Date: 2022-03-31 · published 2022-03-31T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/42457-market-perspectives-march-31-2022-page-9-of-10-u-s-grains-and-bioproducts
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Flat-to-softer ocean freight reduces pressure on delivered grain costs for near-term purchases. The Black Sea uncertainty keeps longer-dated freight direction open.

## Read by commodity

- OCEANFRT: neutral

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-march-31-2022/9/

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