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Panamax earnings fell below Supramax and Handysize benchmarks by the end of October 2026 while smaller geared bulkers kept posting rising monthly averages. BRS Shipbrokers attributes the reversal to shifting grain flows, voyage duration changes and newbuilding deliveries, with Panamax at US$16,999/day at month-end.
Shifts in dry bulk vessel earnings change freight costs for grain and meal cargoes, which feeds into landed feed prices for buyers. The reversal mainly affects freight rather than commodity supply, so the direct effect on feed commodity prices is limited.
xindemarinenews.comNov 13, 2026Not 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.
