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World Grain reviews post-pandemic transportation challenges, noting that freight rates have eased from pandemic highs except for barges. It flags a looming US railroad strike and ongoing West Coast dockworker contract issues, and notes Black Sea shipping disruptions since Russia's February invasion.
Possible rail strikes and port labor issues could disrupt grain movements and raise logistics costs for feed ingredients, supporting nearby cash prices and basis.
world-grain.comMatt Noltemeyer, Ron SterkOct 17, 2022Not 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.
