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The Baltic Dry index rose to 1,039 points, its highest since January 15, with capesize earnings up to $9,612 per day and supramax gains extending for 16 sessions. Panamax shed points after a seven-session winning streak, and the US imposed new sanctions on Iranian oil shippers.
Higher dry bulk freight rates raise the cost of importing grains and oilseeds, supporting landed feed ingredient prices in importing regions.
tradingview.comFeb 25, 2025Not 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.
