# No letup yet in dry bulk shipping’s ‘remarkable rally’ - FreightWaves

> Dry bulk shipping is posting its best first half in a decade, with Capesize, Panamax and Supramax day rates all above $30,000 per day on June 28. Forward freight agreement pricing and time-charter rates point to continued strength through the third and fourth quarters.

- Date: 2021-06-28 · published 2021-06-28T12:00:00.000Z
- Category: logistics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/46797-no-letup-yet-in-dry-bulk-shipping-s-remarkable-rally-freightwaves
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Sustained strength in bulk freight rates raises the cost of moving grains, oilseeds and meal from origin to destination, supporting delivered feed prices in importing regions. Buyers should expect freight to remain a significant component of landed cost.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- freightwaves.com: https://www.freightwaves.com/news/no-letup-yet-in-dry-bulk-shippings-remarkable-rally

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