# Freight Rates in H2’21 and Beyond | CZ app

> Dry-bulk freight has reached a 13-year high in 2021, with vessels trading near $30,000 per day, about three times the long-term average. Analysts expect strong vessel demand from grains, coal, iron ore and steel to keep pressure on rates through the second half of the year.

- Date: 2021-08-02 · published 2021-08-02T12:00:00.000Z
- Category: logistics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/45743-freight-rates-in-h2-21-and-beyond-cz-app
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Sustained high bulk freight raises the cost of grain and oilseed shipments from origin to import markets, which feeds into landed feed ingredient prices. Forward freight strength suggests this cost pressure will persist into late 2021.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/freight-rates-in-h221-and-beyond/

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