# Market Perspectives - August 22, 2019 - Page 9 of 10 - U.S. Grains & BioProducts Council

> The U.S. Grains Council weekly market perspectives report includes an ocean freight commentary saying dry-bulk rates rose slightly but lost momentum during the week, with physical players hesitant to follow paper traders. It also notes container backhaul rates are flat and some Southeast Asian containerized grain rates are below dry-bulk CIF levels.

- Date: 2019-08-22 · published 2019-08-22T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/57478-market-perspectives-august-22-2019-page-9-of-10-u-s-grains-and-bioproducts
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

Stalled dry-bulk freight rate gains reduce the cost pressure on grain exports, while a shift toward containerized grain could affect bulk freight demand. The effect on feed ingredient prices is limited.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼
- DDGS: neutral
- BARLEY: bullish ▲
- USDARS: neutral
- SORGHUM: bearish ▼
- OCEANFRT: neutral

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-august-22-2019/6/
- grains.org: https://grains.org/market_perspectives/market-perspectives-august-22-2019/7/
- grains.org: https://grains.org/market_perspectives/market-perspectives-august-22-2019/9/

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