# Dry Bulk Freight Rates Riding Rough Seas - Oklahoma Farm Report

> Oklahoma Farm Report says dry-bulk freight rates have fallen over the past three months after peaking in the second quarter of 2022, although rates recently recovered. Weaker Chinese economic growth under zero-COVID policies cut iron ore trade by 6% year on year last month. Rerouted Russian coal flows have added some demand.

- Date: 2022-09-19 · published 2022-09-19T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/39491-dry-bulk-freight-rates-riding-rough-seas-oklahoma-farm-report
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Freight costs for grain shipments remain volatile, with weak Chinese demand limiting upside while a recovery in rates would raise transport costs. Buyers should watch freight levels when pricing imported feed ingredients.

## Read by commodity

- OCEANFRT: neutral

## Sources

- oklahomafarmreport.com: https://www.oklahomafarmreport.com/2022/09/19/dry-bulk-freight-rates-riding-rough-seas/

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