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The U.S. Grains Council weekly market perspectives note reports on dry-bulk freight, citing quiet markets ahead of the Chinese New Year and Capesize rates that are bobbing around without a clear direction. It also notes that Brazilian ports have a large number of soybean vessels scheduled through early February, signaling a shift toward South American soybean exports to China.
Heavy Brazilian soybean vessel lineups support steady South American export flows to China, while flat dry-bulk rates keep freight costs stable for feed grain buyers.
grains.orgJan 19, 2017grains.orgJan 19, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
