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Maritime analysts at MSI expect dry bulk freight rates to remain depressed through 2017, with deadweight demand growth roughly matching supply growth at 3 to 3.5 percent. They see little reason for rates to move meaningfully except for short-lived spikes.
A depressed freight outlook keeps ocean transport costs for grains and oilseeds low, supporting landed feed ingredient economics. Expected stability limits upside risk from freight-driven price increases.
supplychainbrain.comMaritime ExecutiveJan 23, 2017Not 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.
