# Baltic Dry Index Extends Fall As Vessel Rates Slide

> The Baltic dry bulk index fell for a ninth straight session to 2,294, its lowest since April 14. Capesize and panamax earnings both declined, and the panamax index hit a one-month low.

- Date: 2021-12-21 · published 2021-12-21T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/43807-baltic-dry-index-extends-fall-as-vessel-rates-slide
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

A sustained fall in dry bulk rates lowers the freight component of grain and oilseed imports, which can soften delivered prices for feed buyers in the near term.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- marinelink.com: https://www.marinelink.com/news/baltic-dry-index-extends-fall-vessel-493017

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