# Baltic Exchange: Dry Bulk Report – Week 3 | Dry Bulk

> The Baltic Exchange dry bulk report for Week 3 describes Capesize rates sliding through the week, with C3 falling near US$19 before stabilising. The North Atlantic saw the sharpest decline, while Panamax grain trades held up better than minerals.

- Date: 2026-01-21 · published 2026-01-21T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/21255-baltic-exchange-dry-bulk-report-week-3-dry-bulk
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Weaker Capesize rates lower the cost of moving bulk cargoes, modestly easing ocean freight pressure on grain exports but signalling softer shipping demand.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- drybulkmagazine.com: https://www.drybulkmagazine.com/shipping/21012026/baltic-exchange-dry-bulk-report-week-3/

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