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The Baltic Dry Index rose 1.8% to 2,854 points on Monday, its fourth consecutive daily gain and highest level since 9 October. The panamax index, which includes vessels carrying grain, rose 1.7% to 2,037, while the supramax index fell 0.3%.
Rising dry-bulk freight rates may increase the cost of moving grain by sea, although the index also reflects shipping demand for non-grain cargoes.
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.