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Baltic Dry Index chart.

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    #1

    Baltic Dry Index chart.

    What does it signal?

    http://seekingalpha.com/article/248043-a-message-from-the-baltic-dry
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    #2
    When its falling it suggests a weaker economic outlook.

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      #3
      Will ag commodities be immune to the down turn? Shouldn't lower baltic prices make for cheaper imports of "our" pulses, hence more sales with stable prices?

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        #4
        The other issue is more capacity. High ocean freight stimulated lots of ship building 2 to 3 years ago. Lots of capacity. That is a good thing for agriculture both in terms of price and availability.

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