# Dry bulk FFA market - A wild bear chase

> Dry bulk FFA contracts fell sharply on July 26-27, with August capesize trading to $10,500, down $1,100 on the day. Panamax paper also declined, with the front of the curve slipping toward $8,550 for August.

- Date: 2017-07-28 · published 2017-07-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/70176-dry-bulk-ffa-market-a-wild-bear-chase
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Lower paper freight rates signal softer expected ocean transport costs for grain and oilseed exports, modestly reducing landed feed ingredient costs.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- seatrade-maritime.com: https://www.seatrade-maritime.com/dry-bulk/dry-bulk-ffa-market-a-wild-bear-chase

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