# Shipping Prices Back to Normal, Just in Time for Soybean Shopping

> The Baltic Dry Index has fallen back toward normal levels as post-pandemic shipping strain eases. Container ship backlogs at Los Angeles and Long Beach are down to single digits. Shippers have rerouted some cargo to the Gulf and East Coast.

- Date: 2022-11-16 · published 2022-11-16T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/38569-shipping-prices-back-to-normal-just-in-time-for-soybean-shopping
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Lower ocean freight costs reduce import and export logistics expenses for feed ingredients. The article suggests soybean shipping is becoming cheaper, which slightly supports export competitiveness.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2022/11/16/shipping-prices-back-normal-just

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