# Baltic index slips as capesize rates fall - Agricultural Commodities - Supply Chain Council of European Union | Scceu.org

> The Baltic Exchange's main sea freight index fell 0.4% to 1,551 points as capesize rates dropped, marking four straight sessions of losses for the capesize index. Panamax and supramax indices rose, with panamax earnings up $100 to $10,894 per day.

- Date: 2019-12-29 · published 2019-12-29T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/55465-baltic-index-slips-as-capesize-rates-fall-agricultural-commodities-supply-chain
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Dry bulk freight rates influence the landed cost of grain and soybean imports, so softer capesize rates modestly ease costs for feed importers, while firmer panamax rates raise costs on grain cargoes.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- scceu.org: https://scceu.org/baltic-index-slips-as-capesize-rates-fall-agricultural-commodities/

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