# Baltic dry bulk index reaches highest level in over a month

> The Baltic Exchange's main sea freight index rose for a seventh straight session to 3,020 points, its highest since October 5. Gains came across all vessel segments, with Capesize up 2.9 percent to 4,836 points and Panamax up 0.7 percent to 2,117 points. Iron ore futures fell on sluggish port trading and expected additional Simandou supply.

- Date: 2026-11-12 · published 2026-11-12T18:10:30.953Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/95863-baltic-dry-bulk-index-reaches-highest-level-in-over-a-month
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Higher dry bulk freight rates raise the cost of shipping grains and oilseeds, which can narrow the export margin for origins far from buyers. The move is modest, so the effect on feed ingredient prices is limited.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- bairdmaritime.com: https://www.bairdmaritime.com/shipping/dry-cargo/bulkers/baltic-dry-bulk-index-reaches-highest-level-in-over-a-month

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