# Baltic Index Rises to Highest in 2.5 Years

> The Baltic Exchange dry bulk index rose to its highest level since December 2023 on Thursday, with the main index up 3.3% to 3,226. Capesize and panamax earnings also climbed, supported by iron ore, coal and grain demand.

- Date: 2026-05-29 · published 2026-05-29T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/19452-baltic-index-rises-to-highest-in-2-5-years
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Stronger dry bulk freight rates raise shipping costs for grain and oilseed cargoes, particularly on panamax routes, supporting delivered prices for imported feed ingredients.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- maritimeprofessional.com: https://www.maritimeprofessional.com/news/baltic-index-rises-highest-years-419657

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