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Supramax dry bulk spot rates reached a 15-month high ahead of the start of the US grain export season. Supramax vessels are currently earning more than larger panamax ships.
Higher bulk freight costs for grain shipments raise landed costs for feed importers and can widen spreads between origin and destination 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.