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A rail strike in Germany was expected to disrupt rail freight on March 24, following a port pilots' strike and protests in France against pension reforms. Shippers and retailers urged flexibility, and some French refineries were affected by the disputes.
European freight and rail disruption raises logistics costs and delays for imported feed ingredients moving inland, mildly supporting European feed prices and freight rates.
theloadstar.comNick SavvidesMar 24, 2023After 113 past bullish logistics events, ULSD / Diesel moved a median +0.6% over 5 sessions (54% higher; middle half -2.8% to +4.2%), and +0.2% over 20.
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.
