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The Baltic Exchange Week 28 dry bulk report says capesize rates firmed through the week, with C5 ending in the low $13,000s and C3 fixing in the mid-$31,000s to $33,000s on robust South Brazil and West Africa to China demand. Panamax rates improved only slightly in a consolidating market.
Stronger capesize and panamax earnings raise the cost of moving bulk commodities, which can narrow the export-to-import price spread for feed ingredients. The effect on feed prices is modest.
drybulkmagazine.comAlfie Lloyd-PerksJul 17, 2026Not 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.
