Bulker owners are benefiting from higher exports of US soybeans but it is yet to be seen if this heightened activity can be considered a success for 2019, according to an analyst.

The country's export of the edible commodity hit an August record of 4.5 million tonnes, trumping the year-ago volume by 1.4 million tonnes, Bimco data shows. As a result, shipping volume grew by 6.5%,