# Market Perspectives – April 29, 2021 - Page 9 of 10 - U.S. Grains & BioProducts Council

> A weekly ocean freight commentary reported a quiet week in dry bulk markets after recent volatility. Capesize rates led, Panamax May rates traded at $22,500-23,200 per day, and containerized grain rates stayed strong, with U.S. weekly containerized grain exports below 80,000 MT.

- Date: 2021-04-29 · published 2021-04-29T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/47798-market-perspectives-april-29-2021-page-9-of-10-u-s-grains-and-bioproducts
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Routine freight commentary with no new cause; firm Panamax and container rates keep export logistics costs elevated for grain buyers.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-april-29-2021/9/

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