# FIS introduces new grain routes to China - Splash247

> Freight Investor Services is launching two new forward freight routes for grain: Mississippi River to Qingdao and Santos to Qingdao, which are under trial by the Baltic Exchange. The U.S. Gulf fob soybean price is $325 per ton, with freight at $44 per ton, or 13.5 percent of the C&F China price.

- Date: 2018-07-24 · published 2018-07-24T12:00:00.000Z
- Category: logistics · region China · magnitude low
- Page: https://feedsoft.ai/events/64248-fis-introduces-new-grain-routes-to-china-splash247
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

New freight hedging routes improve risk management for soybean exporters and buyers, but the article mainly reflects market structure rather than a new supply or demand shock.

## Read by commodity

- SOY: neutral
- OCEANFRT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-11-21 | [Grain Movement Into New Orleans Shifts From Usual Routes This Fall - AgWeb](https://feedsoft.ai/events/16413-grain-movement-into-new-orleans-shifts-from-usual-routes-this-fall-agweb.md) | +1.4% | -6.5% |
| SOY | 2020-01-17 | [Panamax freight spikes in Pacific on Atlantic grain demand, US-China deal \| S&P Global](https://feedsoft.ai/events/54984-panamax-freight-spikes-in-pacific-on-atlantic-grain-demand-us-china-deal-s-and.md) | -2.4% | -3.3% |
| SOY | 2023-10-24 | [Momentum building for dry cargo - Splash247](https://feedsoft.ai/events/33810-momentum-building-for-dry-cargo-splash247.md) | -0.3% | +6.3% |
| SOY | 2024-01-31 | [Diverted shipping routes are changing trade flows - Brownfield Ag News](https://feedsoft.ai/events/32019-diverted-shipping-routes-are-changing-trade-flows-brownfield-ag-news.md) | -1.6% | -7.0% |
| SOY | 2021-02-01 | [Congestion expected to boost bulker rates in record year for grains market](https://feedsoft.ai/events/48519-congestion-expected-to-boost-bulker-rates-in-record-year-for-grains-market.md) | -0.2% | +1.6% |

## Sources

- splash247.com: https://splash247.com/fis-introduces-new-grain-routes-to-china/

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