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The Baltic dry bulk index rose 3.4% to 2,959 points, its highest since October 8, extending gains to a sixth session. The Capesize index climbed 5.5% and Panamax rose 1.4%, while supramax edged up after an 11-session losing run.
Rising Panamax rates, which carry grain, lift the cost of moving feed ingredients overseas and can pressure delivered prices for importers.
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.