# Dry Bulk report

> Capesize rates fell heavily as Cyclone Veronica closed Port Hedland and Dampier and Atlantic cargo stayed scarce. Panamax rates improved on South American demand for early April loadings, with Kamsarmax fixtures reported near $16,000 per day.

- Date: 2019-03-26 · published 2019-03-26T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/60300-dry-bulk-report
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Higher Panamax rates on South American routes raise freight costs for grain exports from Brazil and Argentina, which can narrow export margins and support delivered soy and corn prices.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- services.naftemporiki.gr: https://services.naftemporiki.gr/finance/story/1457035/dry-bulk-report

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