# Grain trades provide bulker hope - Splash247

> Genco Shipping CEO John Wobensmith expects a recovery in grain trade in 2019 after US-China trade disputes hit flows late 2018. BIMCO reported record February soybean exports and China took 7m of Brazil's 8.2m tonnes exported in the first two months of 2019.

- Date: 2019-03-18 · published 2019-03-18T12:00:00.000Z
- Category: trade · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/60297-grain-trades-provide-bulker-hope-splash247
- 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

Strong Brazilian soybean exports to China support soybean and meal demand and underpin bulk freight for grain vessels, while trade-dispute easing supports sentiment.

## Read by commodity

- SBM: neutral
- SOY: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-04-04 | [U.S. grains: Trade hopes spur gains in soy futures - Grainews](https://feedsoft.ai/events/59635-u-s-grains-trade-hopes-spur-gains-in-soy-futures-grainews.md) | +0.4% | -7.6% |
| SOY | 2021-04-30 | [High grain prices alter feeding, trade patterns \| Feed Strategy](https://feedsoft.ai/events/47677-high-grain-prices-alter-feeding-trade-patterns-feed-strategy.md) | +4.1% | -0.4% |
| SOY | 2022-10-25 | [Analyst Abstract - Splash247](https://feedsoft.ai/events/39308-analyst-abstract-splash247.md) | +2.6% | +4.7% |
| SOY | 2025-10-29 | [U.S. grains: Soybeans set 15-month high on U.S.-China trade deal hopes - Grainews](https://feedsoft.ai/events/22451-u-s-grains-soybeans-set-15-month-high-on-u-s-china-trade-deal-hopes-grainews.md) | +2.8% | +4.3% |
| SOY | 2020-12-01 | [Global Trade War a Boon for Black Sea Grain \| Feed & Grain](https://feedsoft.ai/events/49509-global-trade-war-a-boon-for-black-sea-grain-feed-and-grain.md) | -0.9% | +10.9% |
| SBM | 2019-12-11 | [U.S. grains: Profit-taking pressures soybeans - Country Guide](https://feedsoft.ai/events/9817-u-s-grains-profit-taking-pressures-soybeans-country-guide.md) | +1.8% | -0.2% |
| SBM | 2020-05-02 | [Poland and Ukraine to retain trade in oilseeds and by-products](https://feedsoft.ai/events/53250-poland-and-ukraine-to-retain-trade-in-oilseeds-and-by-products.md) | -0.2% | -1.5% |
| SBM | 2019-10-30 | [Soybean Prices are a Proxy for How the Trade War is Going - Global Trade Magazine](https://feedsoft.ai/events/56614-soybean-prices-are-a-proxy-for-how-the-trade-war-is-going-global-trade-magazine.md) | -0.1% | -2.7% |

## Sources

- splash247.com: https://splash247.com/grain-trades-provide-bulker-hope/

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