# Market Perspectives – December 30, 2021 - Page 9 of 10 - U.S. Grains & BioProducts Council

> 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.

- Date: 2021-12-30 · published 2021-12-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/43483-market-perspectives-december-30-2021-page-9-of-10-u-s-grains-and-bioproducts
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Firm Panamax and Kamsarmax rates raise the cost of moving Brazilian soybeans to Europe, supporting ocean freight and slightly lifting delivered soybean costs.

## Read by commodity

- SOY: neutral
- OCEANFRT: bullish ▲

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-december-30-2021/9/

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