# Market Perspectives January 19, 2017 - Page 9 of 10 - U.S. Grains & BioProducts Council

> 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.

- Date: 2017-01-19 · published 2017-01-19T12:00:00.000Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/72882-market-perspectives-january-19-2017-page-9-of-10-u-s-grains-and-bioproducts
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

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.

## Read by commodity

- SBM: neutral
- SOY: neutral
- DDGS: bullish ▲
- OCEANFRT: neutral

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-january-19-2017/6/
- grains.org: https://grains.org/market_perspectives/market-perspectives-january-19-2017/9/

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