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A queue of container ships waiting at a Chinese port included a vessel carrying 7.3 million pounds of canola meal pellets from Yihai Kerry. The delay was worsening feed shortages for US livestock producers.
Delayed canola meal shipments tighten nearby US supply and support meal prices while the backlog lasts.
nytimes.comJun 2, 2024Not enough comparable past events yet for a historical read.
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.
