# Baltic Exchange Shipping Insights - The Business Times

> The Baltic Exchange weekly roundup reports Capesize 5TC routes opening the week at $29,624 and closing at $30,437 after a mid-week dip, with Brazil iron ore routes rising over $2 per tonne to $24.055. Panamax rates ran from $16,000 to $19,000 per day, driven by South American grain cargoes fixed for September loading in Asia.

- Date: 2019-08-25 · published 2019-08-25T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/57776-baltic-exchange-shipping-insights-the-business-times
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Higher Panamax rates on South American grain routes raise the delivered cost of soybeans and meal into Asia, supporting freight-inclusive feed prices.

## Read by commodity

- SOY: neutral
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-09-09 | [Shipping freight market defies ongoing trade war - Rediff.com Business](https://feedsoft.ai/events/57261-shipping-freight-market-defies-ongoing-trade-war-rediff-com-business.md) | +4.7% | +8.4% |
| SOY | 2025-03-07 | [Containerized grain exports surge in 2024 as shipping alliances reshape in 2025](https://feedsoft.ai/events/25679-containerized-grain-exports-surge-in-2024-as-shipping-alliances-reshape-in-2025.md) | -1.7% | -0.2% |
| SOY | 2023-02-16 | [Reducing Mississippi barge traffic stress](https://feedsoft.ai/events/16651-reducing-mississippi-barge-traffic-stress.md) | +0.6% | -2.2% |
| SOY | 2017-11-03 | [Grain trade a boon as Brazil's Itaqui seeks higher shipping volumes](https://feedsoft.ai/events/67882-grain-trade-a-boon-as-brazil-s-itaqui-seeks-higher-shipping-volumes.md) | -1.4% | +0.5% |
| SOY | 2024-01-31 | [Diverted shipping routes are changing trade flows - Brownfield Ag News](https://feedsoft.ai/events/32019-diverted-shipping-routes-are-changing-trade-flows-brownfield-ag-news.md) | -1.6% | -7.0% |

## Sources

- businesstimes.com.sg: https://www.businesstimes.com.sg/companies-markets/transport-logistics/baltic-exchange-insights/baltic-exchange-shipping-113

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