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Journal of Commerce reports that blank sailings linked to COVID-19 are forcing US ag exporters to cope with changing carrier earliest receiving date deadlines for container delivery. Shippers face extra storage and equipment fees as a result.
Container scheduling disruption raises costs and uncertainty for US ag exporters, which can widen export basis and slow containerized feed and grain shipments.
prod.int.joc.comBill Mongelluzzo, Trans-Pacific }Apr 14, 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.
