# Panama weighs cargo options as US-China trade dries up | Freight News

> Panama Canal officials expect cargo volumes could dip as US-China tariffs cut trade between the two countries. The canal is pivoting to new cargo, including Brazilian soybeans that the canal authority expects to boost traffic via northern Brazilian ports.

- Date: 2018-10-02 · published 2018-10-02T12:00:00.000Z
- Category: trade · region Global · magnitude low
- Page: https://feedsoft.ai/events/62428-panama-weighs-cargo-options-as-us-china-trade-dries-up-freight-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Rerouting of Brazilian soybean flows through Panama shifts shipping patterns and freight costs, and reflects China's shift from US to Brazilian bulk supply.

## Read by commodity

- SOY: neutral
- OCEANFRT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-04-04 | [China, holding Treasuries, keeps 'nuclear option' in U.S. trade war](https://feedsoft.ai/events/65715-china-holding-treasuries-keeps-nuclear-option-in-u-s-trade-war.md) | +1.2% | +0.4% |
| SOY | 2019-12-13 | [How US-China trade deal achieved a little but left out a lot \| AP News](https://feedsoft.ai/events/55448-how-us-china-trade-deal-achieved-a-little-but-left-out-a-lot-ap-news.md) | +2.9% | +3.5% |
| SOY | 2020-06-24 | [Despite tensions, US says China will meet trade commitments \| 2020-06-24  \| Food Business News](https://feedsoft.ai/events/52464-despite-tensions-us-says-china-will-meet-trade-commitments-2020-06-24-food.md) | +1.1% | +2.8% |
| SOY | 2018-04-08 | [As U.S. and China trade tariff barbs, others scoop up U.S. soybeans](https://feedsoft.ai/events/65547-as-u-s-and-china-trade-tariff-barbs-others-scoop-up-u-s-soybeans.md) | +2.0% | -0.6% |
| SOY | 2017-02-07 | [Top Five Panamax Bulker Trade Routes \| World Maritime News](https://feedsoft.ai/events/72703-top-five-panamax-bulker-trade-routes-world-maritime-news.md) | +1.8% | -2.1% |

## Sources

- freightnews.co.za: https://www.freightnews.co.za/article/panama-weighs-cargo-options-as-us-china-trade-dries-up

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