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Dry-bulk freight markets were quiet during China's Golden Week holiday, with gains lost by week's end. Handysize rates on the U.S. Gulf to Argentina soybean route rose from about $33/MT to $36-37/MT.
Higher Gulf-to-Argentina soybean freight raises the landed cost of South American beans and supports U.S. export competitiveness costs.
grains.orgOct 4, 2018grains.orgOct 4, 2018Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
