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Capesize dry bulk rates rebounded through the week, with Pacific C5 fixtures moving from the high $13s to the low $15s by Thursday. The Baltic Dry Index rose for a third session on Friday to 2,714 points, its highest since mid-October.
Freight rates for bulk ships carry grain and oilseed costs to buyers, so firmer capesize and panamax rates raise landed feed costs. The effect on grain prices themselves is small.
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.