# Breakwave Dry Bulk Report  — Breakwave Advisors

> Breakwave's June 24 2025 dry bulk report says the spot Capesize rally that pushed rates to about $30,000 is losing momentum, with Pacific weakness and rising Atlantic vessel availability for July. Spot rates may stabilize near $20,000, while Panamax support remains firm and freight futures price a bearish curve.

- Date: 2025-06-24 · published 2025-06-24T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/24404-breakwave-dry-bulk-report-breakwave-advisors
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Easing Capesize spot rates lower the cost of long-haul bulk grain and oilseed shipments, which can help export competitiveness, while the flat freight futures curve signals subdued expected shipping costs ahead.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- breakwaveadvisors.com: https://www.breakwaveadvisors.com/insights/2025624-drybulk

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