# MID-SHIP Report: Dry Bulk Freight Market - June 5 2025 - MID-SHIP Group

> MID-SHIP's June 5 2025 dry bulk report says the market remains consistent with early 2025 conditions, with a mature commodity cycle, moderate fleet growth and geopolitical uncertainty. The Brazil-to-China Capesize route rose above $24 per ton from $18.20 a month earlier, while Panamax rates fell from about $12,400 to $10,000 per day during May.

- Date: 2025-06-05 · published 2025-06-05T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/24401-mid-ship-report-dry-bulk-freight-market-june-5-2025-mid-ship-group
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher Capesize and Panamax freight raises the landed cost of South American and US grain and oilseeds into Asia, which narrows FOB export margins and can pressure farm-gate prices in exporting regions.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-12-02 | [Bulk ocean freight rates rise in third quarter 2025 amid shifting global demand \| Feed & Grain](https://feedsoft.ai/events/16894-bulk-ocean-freight-rates-rise-in-third-quarter-2025-amid-shifting-global-demand.md) | -3.0% | -7.2% |
| SOY | 2019-11-28 | [FEATURE \| Dry bulk freight rates down from multi-year highs as the market fundamentals make themselves felt](https://feedsoft.ai/events/56290-feature-dry-bulk-freight-rates-down-from-multi-year-highs-as-the-market.md) | +0.3% | +5.4% |
| SOY | 2023-11-13 | [Dry bulk market braces for tightening Panama transit restrictions - Maritimes](https://feedsoft.ai/events/33063-dry-bulk-market-braces-for-tightening-panama-transit-restrictions-maritimes.md) | +0.5% | +0.2% |
| SOY | 2020-02-26 | [Sickness Spreads Through Freight Markets](https://feedsoft.ai/events/54524-sickness-spreads-through-freight-markets.md) | +1.6% | +0.9% |
| SOY | 2025-02-20 | [Grain Transportation Report, February 20, 2025](https://feedsoft.ai/events/26235-grain-transportation-report-february-20-2025.md) | -0.7% | -2.3% |
| CORN | 2025-12-02 | [Bulk ocean freight rates rise in third quarter 2025 amid shifting global demand \| Feed & Grain](https://feedsoft.ai/events/16894-bulk-ocean-freight-rates-rise-in-third-quarter-2025-amid-shifting-global-demand.md) | +0.5% | +0.3% |
| CORN | 2024-04-08 | [Barge Captain Shares Views on Water Levels & Freight - Mid-West Farm Report](https://feedsoft.ai/events/16551-barge-captain-shares-views-on-water-levels-and-freight-mid-west-farm-report.md) | -1.2% | -1.0% |
| CORN | 2017-10-06 | [Report: Barge rates skyrocket amid Ohio, Mississippi river closures - FreightWaves](https://feedsoft.ai/events/6120-report-barge-rates-skyrocket-amid-ohio-mississippi-river-closures-freightwaves.md) | -0.4% | -0.8% |

## Sources

- midship.com: https://midship.com/mid-ship-report-dry-bulk-freight-market-june-5-2025/

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