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VesselsValue ranked the top five Panamax bulker trade routes by ton miles, noting that the Brazil-to-China soybean route has declined since a late-2015 peak. Increases were seen on Australia-to-China and US-to-China routes in the fourth quarter of 2016.
Shifts in soybean shipping routes reflect changing export competition between Brazil and the US, which can affect soybean and meal flows to China. The report is a freight analysis with limited immediate price impact.
worldmaritimenews.comFeb 7, 2017After 250 past neutral trade events, Soybeans moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% over 20.
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.
