# Market Perspectives – August 19, 2021 - Page 9 of 10 - U.S. Grains & BioProducts Council

> The U.S. Grains Council market perspectives report for August 19, 2021 notes a sharp rally in dry bulk freight, with the Capesize index topping 45,000 after Vale booked September iron ore vessels from Brazil. Panamax FFA for September reached $37,000 before easing. Container freight remained weak amid COVID-19 port concerns in China.

- Date: 2021-08-19 · published 2021-08-19T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/45461-market-perspectives-august-19-2021-page-9-of-10-u-s-grains-and-bioproducts
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Strong dry bulk freight raises the cost of moving grain and meal exports, supporting landed feed prices while container markets stay weak.

## Read by commodity

- DDGS: bullish ▲
- OCEANFRT: bullish ▲

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-august-19-2021/6/
- grains.org: https://grains.org/market_perspectives/market-perspectives-august-19-2021/9/

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