# GLOBAL COMMODITY MARKET: Prices Have Reached Their Highest Levels – Lider Media

> A Lider Media market commentary says global oilseed and grain prices have reached their highest levels and are expected to decline. It notes freight rates rising about 10 percent, a soybean meal cargo unloading in Koper, and fishmeal logistics improving in March. Peru fishmeal shortages are keeping China stocks low.

- Date: 2021-03-07 · published 2021-03-07T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/48207-global-commodity-market-prices-have-reached-their-highest-levels-lider-media
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Higher freight and tight Peruvian fishmeal supply support meal prices in the near term, while expectations of a price peak point to possible softening.

## Read by commodity

- SBM: neutral
- FISHMEAL: bullish ▲
- OCEANFRT: bullish ▲

## Sources

- en.lider.media: https://en.lider.media/2021/03/07/global-commodity-market-prices-have-reached-their-highest-levels/

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