# Grain Transportation Report, January 28, 2021

> The Baltic Dry Index fell 2.49% to 1,765 points on January 25, 2021, down 45 points from January 22. The index tracks dry bulk shipping rates for commodities including grain.

- Date: 2021-01-28 · published 2021-01-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/49026-grain-transportation-report-january-28-2021
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A lower dry bulk freight index suggests softer ocean shipping costs for grain exports, a modest bearish signal for ocean freight.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- doi.org: https://doi.org/10.9752/ts056.01-28-2021

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