# Dry Bulk: Half Way into a Record Year, Still Better Times Ahead? — Breakwave Advisors

> Breakwave Advisors reports that dry bulk has had a record start to 2021, especially in sub-Cape vessel segments. Capesize futures for the second half are trading near 37,000 per day, and Supramax spot rates are in the 30,000s.

- Date: 2021-06-30 · published 2021-06-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/46798-dry-bulk-half-way-into-a-record-year-still-better-times-ahead-breakwave-advisors
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Elevated and forward-priced freight costs increase the landed cost of grain and feed ingredients shipped by bulk carrier, supporting higher delivered prices. The outlook implies freight costs will stay firm through the rest of the year.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- breakwaveadvisors.com: https://www.breakwaveadvisors.com/insights/2021/6/30/dry-bulk-half-way-into-a-record-year-but-the-fun-part-is-ahead-of-us

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