
The Baltic Exchange's main dry-bulk freight index rose 4.02% to 2,694 on Wednesday, rebounding from a more-than-two-week low as larger ship rates improved. Capesize earnings rose $2,511 per day to $33,659, while Panamax ended a 15-session losing streak and Supramax fell to its lowest since October 13.
Stronger large-vessel rates raise bulk shipping costs on long-haul routes, while weak Supramax rates indicate softer demand for smaller vessels; the net price impact on feed ingredients is limited.
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.