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The Baltic Dry Index rose for a sixth consecutive day, gaining 97 points, or 3.4%, to 2,959, its highest level since October 8. Rates strengthened across all vessel types; the Capesize index rose 5.5% to 4,700, while the Panamax index gained 1.4% to 2,103.
Stronger dry-bulk freight rates can add to the delivered cost of grain and feed ingredients, potentially supporting landed prices, although the article does not report a grain-specific freight 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.