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The Panama Canal Authority reports its fiscal year ending September 30, 2020 closed with 475.1 million PC/UMS tons. Transits fell about 20% between May and July during the pandemic peak before normalizing in August and September.
Normalized canal throughput suggests no major shipping bottleneck for US export flows, leaving freight costs largely unchanged for grain and feed trade.
pancanal.comcdp_adminOct 5, 2020Not 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.
