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The World Bank and S&P Global's Container Port Performance Index shows global port performance declined between 2020 and 2024 due to the Red Sea crisis, Panama Canal challenges and pandemic shocks. East Asian ports led in 2024 and several developing-country ports improved.
Port congestion and slower handling raise logistics costs and can delay feed ingredient deliveries, modestly supporting freight-linked prices.
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.