# Baltic Exchange weekly report

> The Daily Cargo News weekly report says the Baltic Dry Index fell to 1378 on November 1 from 1410 the prior Friday. Capesize softened on sparse Atlantic activity and Pacific holiday disruptions, and the BCI 5TC closed at US$15,329.

- Date: 2024-10-31 · published 2024-10-31T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/28064-baltic-exchange-weekly-report
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

A slightly lower Baltic Dry Index points to modestly cheaper ocean freight for grain shipments, with limited direct impact on feed commodity prices.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- thedcn.com.au: https://www.thedcn.com.au/news/baltic-exchange-weekly-report-72

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