Loading…

The Baltic Dry Index rose 3.3% to 2,936 points on August 4, its fourth straight gain and highest since July 14. The rise in Capesize rates followed a powerful typhoon in the western Pacific.
Typhoon disruption raised vessel costs for bulk cargoes, including grain, which lifts the freight component of landed feed costs. The effect is short-lived and limited to the freight side.
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.