# Market Perspectives January 26, 2017 - Page 9 of 10 - U.S. Grains & BioProducts Council

> The U.S. Grains Council weekly market perspectives note reports that ocean dry-bulk markets were largely unchanged during the week, with Capesize rates easing slightly while Panamax and Handymax recovered late-week losses. It notes the Lunar New Year slowdown and that the Panama Canal's new locks are favoring container and tanker traffic over dry bulk.

- Date: 2017-01-26 · published 2017-01-26T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/72876-market-perspectives-january-26-2017-page-9-of-10-u-s-grains-and-bioproducts
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Stable-to-soft dry-bulk freight through the holiday period keeps ocean grain freight costs roughly flat, limiting pressure on delivered feed grain prices into Asia.

## Read by commodity

- DDGS: bullish ▲
- OCEANFRT: neutral

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-january-26-2017/6/
- grains.org: https://grains.org/market_perspectives/market-perspectives-january-26-2017/9/

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