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Labor walkouts at California ports disrupted terminal operations, including a closure of the Long Beach largest terminal's day shift. Union Pacific also paused rail shipments to West Coast ports, and retailers urged the White House to intervene.
Ongoing port disruption raises ocean freight costs and delays US agricultural exports, which can weigh on export demand and widen basis for affected grains.
rwts.radiantdelivers.comJun 8, 2023Not 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.
