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Soy Transportation Coalition executive director Mike Steenhoek says Panama Canal operations have returned to normal after rainfall in the 2024 rainy season, with 36 to 40 vessels per day. A Senate hearing is examining China's influence over the canal.
Restored canal throughput eases the bottleneck for US soybean exports to Asia, reducing the premium for shipping through Panama.
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.