# Grain exports reach record highs | Freight News

> Dry bulk shipping profits reached multi-year highs, with Capesize earnings above $50,000 per day and time charter rates doubling or more since the start of 2021. Analysts tied the strength to port delays and sustained demand.

- Date: 2021-09-29 · published 2021-09-29T12:00:00.000Z
- Category: logistics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/44972-grain-exports-reach-record-highs-freight-news
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Tight vessel supply and high charter rates keep ocean freight elevated, which raises the delivered cost of imported feed grains.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- freightnews.co.za: https://www.freightnews.co.za/article/grain-exports-reach-record-highs

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