# Signal Dry Bulk Weekly Report — Breakwave Advisors

> Signal Ocean's May 11 weekly report highlights South African coal imports to India reaching their highest level in a year, with Capesize firmer and smaller sizes weaker. It also notes uncertainty over whether the Black Sea Grain Initiative will be extended beyond May 18 after Moscow's threat to terminate it.

- Date: 2023-05-11 · published 2023-05-11T12:00:00.000Z
- Category: logistics · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/36120-signal-dry-bulk-weekly-report-breakwave-advisors
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Strong coal and bulk demand supports Capesize freight, while Black Sea grain uncertainty raises the risk of tighter wheat and corn supplies and higher shipping costs for feed buyers.

## Read by commodity

- WHEAT: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-04-28 | [Signal Dry Bulk Weekly Report — Breakwave Advisors](https://feedsoft.ai/events/42043-signal-dry-bulk-weekly-report-breakwave-advisors.md) | -1.3% | +0.9% |
| WHEAT | 2022-12-02 | [Signal Dry Bulk Weekly Report — Breakwave Advisors](https://feedsoft.ai/events/38134-signal-dry-bulk-weekly-report-breakwave-advisors.md) | -9.7% | -1.7% |
| WHEAT | 2022-01-27 | [Rising Tensions in Eastern Europe and Dry Bulk Shipping — Breakwave Advisors](https://feedsoft.ai/events/14516-rising-tensions-in-eastern-europe-and-dry-bulk-shipping-breakwave-advisors.md) | -2.1% | +1.0% |
| WHEAT | 2022-01-20 | [DDGS Weekly Market Report – January 20, 2022 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/7371-ddgs-weekly-market-report-january-20-2022-u-s-grains-and-bioproducts-council.md) | +0.8% | -2.1% |
| WHEAT | 2024-10-23 | [Resuming attacks on Ukrainian grain exports threatens 1% of dry bulk market: BIMCO \| S&P Global](https://feedsoft.ai/events/14263-resuming-attacks-on-ukrainian-grain-exports-threatens-1-of-dry-bulk-market.md) | +0.3% | -1.4% |

## Sources

- breakwaveadvisors.com: https://www.breakwaveadvisors.com/insights/2023/5/11/signal-dry-bulk-weekly-report

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