# Shipping markets in flux amid COVID-19 chaos | 2020-04-01  | World Grain

> World Grain reports that COVID-19 has disrupted shipping and grain trade, with infections above 770,000 and deaths near 36,000 by early April 2020. Physical grain and soybean movement has continued relatively smoothly so far, though governments are prioritizing domestic markets and currency markets are volatile.

- Date: 2020-04-01 · published 2020-04-01T12:00:00.000Z
- Category: logistics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/53529-shipping-markets-in-flux-amid-covid-19-chaos-2020-04-01-world-grain
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Pressure on supply chains and export prioritization can tighten physical availability and widen basis and futures volatility for feed grains and soybeans.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: neutral
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-11-03 | [Worried about Russia's march on grain markets? It could be worse](https://feedsoft.ai/events/67827-worried-about-russia-s-march-on-grain-markets-it-could-be-worse.md) | -5.1% | -4.6% |
| CORN | 2017-04-13 | [Decreased demand for grain transportation lowers shipping rates \| World-grain.com \| April 13, 2017 14:17 \| World Grain](https://feedsoft.ai/events/71400-decreased-demand-for-grain-transportation-lowers-shipping-rates-world-grain-com.md) | -2.1% | +0.9% |
| CORN | 2024-04-03 | [Chaos At Shipping Chokepoints \| Potato Grower Magazine](https://feedsoft.ai/events/30626-chaos-at-shipping-chokepoints-potato-grower-magazine.md) | -0.7% | -0.9% |
| CORN | 2022-03-10 | [Inside a frantic race to get Ukrainian corn and wheat to world markets  - The Globe and Mail](https://feedsoft.ai/events/14506-inside-a-frantic-race-to-get-ukrainian-corn-and-wheat-to-world-markets-the.md) | +2.5% | +11.8% |
| CORN | 2021-03-26 | [Suez Canal remains blocked by ship  \| World Grain](https://feedsoft.ai/events/48036-suez-canal-remains-blocked-by-ship-world-grain.md) | +1.2% | +8.8% |
| SOY | 2024-04-03 | [Chaos At Shipping Chokepoints \| Potato Grower Magazine](https://feedsoft.ai/events/30626-chaos-at-shipping-chokepoints-potato-grower-magazine.md) | +0.0% | -2.4% |
| SOY | 2025-03-07 | [Containerized grain exports surge in 2024 as shipping alliances reshape in 2025](https://feedsoft.ai/events/25679-containerized-grain-exports-surge-in-2024-as-shipping-alliances-reshape-in-2025.md) | -1.7% | -0.2% |
| SOY | 2018-07-25 | [Report: Bunge to shutter Argentine soy crushing plant \| World-grain.com \| July 25, 2018 13:55 \| World Grain](https://feedsoft.ai/events/63873-report-bunge-to-shutter-argentine-soy-crushing-plant-world-grain-com-july-25.md) | +5.3% | +1.9% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/13487-shipping-markets-in-flux-amid-covid-19-chaos

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