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Australian farmers say ongoing industrial action at DP World ports has cost exporters millions in lost international trade. A Western Australian grower's produce was stranded at Fremantle, and around 600,000 avocados were redirected to the domestic market.
Export disruption shifts produce and grain flows toward domestic markets and raises logistics costs, with limited direct effect on feed grain prices but adding to supply-chain uncertainty.
aapnews.aap.com.auJan 24, 2024Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 823 past logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.5% to +1.2%), and -0.1% over 20.
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.
