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Kansas State University's IGP Institute hosted a grain market outlook forum covering macroeconomic forces, international grain trade, and domestic supply and demand. Speakers flagged extremely high overseas shipping rates as a current issue for grain trade.
Elevated ocean freight costs widen the gap between export prices and farm-gate values, which can affect the cost of imported feed ingredients.
ksgrainsorghum.orgMindy Wells, Maddy MeierOct 22, 2021Not 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.
