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The Panama Canal Authority raised daily transit capacity to 34 slots as improved watershed rainfall lifted Gatun Lake water levels. The additional slot continues the easing of restrictions imposed during the 2023–24 drought.
More canal capacity can reduce delays and rerouting costs for vessels on Atlantic–Pacific routes, easing pressure on ocean freight rates. This may modestly lower transport costs for grain and feed shipments using the route.
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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.