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Baltic Capesize Index recovered to 3,411 points by September 18 after falling to 2,773 on September 3. Capesize daily hire reached $30,786, the first time above $30,000 in 2025, and Panamax TCEs rose sharply in the Atlantic over the month.
Firmer dry bulk freight raises the cost of moving grains and oilseeds on ocean routes, which can widen origin-destination basis and pressure delivered feed prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.