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The Baltic dry bulk index rose 157 points to 4,111 on Friday, its 12th straight daily gain and its highest since June 2009 peak levels. Analysts attributed the rally to strong Chinese iron ore and coal demand, port congestion, and tight ship supply.
Higher panamax and capesize rates raise the cost of shipping US and Brazilian grain and feed ingredients to Asia. This pushes up landed feed costs.
mysheen.comNov 2, 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.
