# Volatility in dry bulk freight set to continue into the new year: 2022 preview - Fastmarkets

> Dry bulk freight rates hit decade highs in 2021, driven by strong raw-commodity demand and Covid-related port bottlenecks in China. Hurricane Ida disrupted US Gulf grain loading in August, and Super Hurricane Chanthu closed two major Chinese ports in September. Analysts expect volatility to continue into 2022.

- Date: 2022-01-11 · published 2022-01-11T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/43051-volatility-in-dry-bulk-freight-set-to-continue-into-the-new-year-2022-preview
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Higher and more volatile ocean freight raises the landed cost of imported grains and oilseeds for feed buyers, and it can shift export origins as buyers switch between the US, Brazil and other suppliers.

## Read by commodity

- OCEANFRT: neutral

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/volatility-in-dry-bulk-freight-set-to-continue-into-the-new-year-2022-preview/

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