# Market Perspectives - October 4, 2018 - Page 9 of 11 - U.S. Grains & BioProducts Council

> 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.

- Date: 2018-10-04 · published 2018-10-04T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/62426-market-perspectives-october-4-2018-page-9-of-11-u-s-grains-and-bioproducts
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Higher Gulf-to-Argentina soybean freight raises the landed cost of South American beans and supports U.S. export competitiveness costs.

## Read by commodity

- SOY: neutral
- DDGS: neutral
- OCEANFRT: bullish ▲

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-october-4-2018/6/
- grains.org: https://grains.org/market_perspectives/market-perspectives-october-4-2018/9/

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