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US shippers of grain and food expect logistics to improve in 2023 after legislative action averted a nationwide railway strike. Maersk says freight rate pressure should ease over time, though not to pre-COVID levels.
Averting a rail strike removes a major downside risk to US grain movement to export positions, supporting more reliable delivery and steadier basis for feed buyers.
ofimagazine.comJan 5, 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.
