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Containerised sea freight has been volatile in 2025 after sharp early-year rate declines. Tariff actions and potential Red Sea reopening have created overcapacity concerns, and overall sentiment remains cautious.
The analysis focuses on containerised freight rather than bulk grain, so its direct effect on feed ingredient prices is limited. Overcapacity and tariff uncertainty could still weigh on global trade volumes.
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.