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The text says very large crude carrier (VLCC) freight rates may ease further from record highs. It expects shipping inefficiencies, attacks and fleet consolidation to keep rates above pre-conflict levels.
Easing freight costs could reduce pressure on delivered fuel prices, while persistent shipping disruptions may keep transport costs elevated. The text provides no specific grain or feed commodity supply change.
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.