# Suez Canal Traffic Backlog Lingers | Feed & Grain

> Hundreds of vessels queued to transit the Suez Canal after the Ever Given was refloated on March 29. The canal is now operating at full capacity in both directions. The article notes most US grain bound for Asia uses the Panama Canal, so little US grain passed through Suez.

- Date: 2021-04-01 · published 2021-04-01T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/47490-suez-canal-traffic-backlog-lingers-feed-and-grain
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Limited US grain exposure to Suez means the backlog has a modest direct effect on US grain prices, mainly through general freight costs.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- feedandgrain.com: https://www.feedandgrain.com/grain-supply-chain/news/15387576/suez-canal-traffic-backlog-lingers

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.