# Baltic Dry Index at Over 2-Week Low

> The Baltic Exchange dry bulk freight index fell 2.2% to 2,590 points, its lowest since October 19, extending a second straight session of declines. Capesize, panamax and supramax indices all moved lower, with the panamax index down for a 15th successive session.

- Date: 2026-11-03 · published 2026-11-03T18:08:59.038Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/78098-baltic-dry-index-at-over-2-week-low
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Lower dry bulk freight rates reduce the cost of shipping grain and oilseeds, which can narrow origin-destination price spreads for buyers. The weakness mainly reflects softer iron ore and coal demand, so the direct effect on feed ingredient prices is limited.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- squawknews.com: https://squawknews.com/news/798175-baltic-dry-index-at-over-2-week-low
- hellenicshippingnews.com: https://www.hellenicshippingnews.com/baltic-dry-index-at-over-2-week-low-2/
- tradingview.com: https://www.tradingview.com/news/te_news:597720:0-baltic-dry-index-at-over-2-week-low/

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