# Price of soybeans fall in Brazil due to freight - DatamarNews

> Brazilian soybean prices fell as higher freight rates from Santos to northern China, now near US$40/t, reduced the price buyers could offer. Freight costs rose as iron ore exports and Capesize shortages pushed shipowners toward Panamax vessels.

- Date: 2019-07-18 · published 2019-07-18T12:00:00.000Z
- Category: logistics · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/58296-price-of-soybeans-fall-in-brazil-due-to-freight-datamarnews
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Higher freight to China narrows the Brazil FOB price that sellers can accept, lowering export parity for soybeans and pressuring soymeal values in the feed market.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-08-17 | [Massive harvests of corn, soybeans pose storage problem in Brazil - CSMonitor.com](https://feedsoft.ai/events/69286-massive-harvests-of-corn-soybeans-pose-storage-problem-in-brazil-csmonitor-com.md) | +1.4% | +4.9% |
| SOY | 2022-12-07 | [China's november soybean imports drop on logistics hurdles - DatamarNews](https://feedsoft.ai/events/38237-china-s-november-soybean-imports-drop-on-logistics-hurdles-datamarnews.md) | +1.7% | +0.8% |
| SOY | 2018-01-30 | [River ice is impeding movement of soybeans and putting pressure on local prices - Brownfield Ag News](https://feedsoft.ai/events/67159-river-ice-is-impeding-movement-of-soybeans-and-putting-pressure-on-local-prices.md) | -2.2% | +4.7% |
| SOY | 2022-10-18 | [Sunflowers and soybeans in Ukraine are falling in price against the background of the new harvest and limited exports 18.10.2022 - UkrAgroConsult](https://feedsoft.ai/events/39249-sunflowers-and-soybeans-in-ukraine-are-falling-in-price-against-the-background.md) | -1.0% | +4.1% |
| SOY | 2026-10-16 | [Panama Canal Adds One Slot, but Grain Freight to Japan Is Up 36%](https://feedsoft.ai/events/16756-panama-canal-adds-one-slot-but-grain-freight-to-japan-is-up-36.md) | -0.7% | — |
| SBM | 2024-10-22 | [Soybeans, corn continue to rise - Brownfield Ag News](https://feedsoft.ai/events/11150-soybeans-corn-continue-to-rise-brownfield-ag-news.md) | -3.9% | -8.5% |
| SBM | 2022-12-07 | [China's november soybean imports drop on logistics hurdles - DatamarNews](https://feedsoft.ai/events/38237-china-s-november-soybean-imports-drop-on-logistics-hurdles-datamarnews.md) | +0.8% | +8.3% |
| SBM | 2022-05-04 | [Soybean prices in Ukraine are falling amid falling demand for meal and cake](https://feedsoft.ai/events/41517-soybean-prices-in-ukraine-are-falling-amid-falling-demand-for-meal-and-cake.md) | -6.2% | -3.9% |

## Sources

- datamarnews.com: https://datamarnews.com/noticias/price-of-soybeans-fall-in-brazil-due-to-freight/

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