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The Loadstar reports that containership charter rates collapsed in September, with some vessel-size benchmarks falling 60%, as spot rates and port congestion eased. Brokers say charterers have regained control of the market.
The container shipping slump has little direct bearing on bulk feed grain freight, so its impact on feed ingredient prices is minimal.
theloadstar.comMike WackettOct 4, 2022Not 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.
