# Market Perspectives April 20, 2017 - Page 9 of 10 - U.S. Grains & BioProducts Council

> Global dry-bulk freight rallied early in the week but sold off Thursday as iron ore prices rose and demand eased. Grain demand stayed good without a pickup in cargo, and a Paraguayan corn cargo was reported bound for Wilmington, Delaware in May. US interior rail and barge rates were described as very low.

- Date: 2017-04-20 · published 2017-04-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/71407-market-perspectives-april-20-2017-page-9-of-10-u-s-grains-and-bioproducts
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Soft interior barge and rail rates support low-cost US grain movement, while the Paraguayan corn cargo signals import competition on the US East Coast.

## Read by commodity

- CORN: neutral
- BARGE: bearish ▼
- OCEANFRT: neutral

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-april-20-2017/9/

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