Loading…
The U.S. Grains Council weekly ocean freight commentary reports thin holiday trading, a Cargill charter of a Kamsarmax vessel to move Brazilian soybeans to Spain at $27,000 per day, and continued container logistics problems. Panamax FFA paper is quoted at $25,200 for Q1 and $22,900 for Q3.
Firm Panamax and Kamsarmax rates raise the cost of moving Brazilian soybeans to Europe, supporting ocean freight and slightly lifting delivered soybean costs.
grains.orgDec 30, 2021Not enough comparable past events yet for a historical read.
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.
