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The Panama Canal Authority held a public hearing on proposed toll structure changes effective January 1, 2020. The changes affect dry bulk, passenger, containership, vehicle carrier, RoRo and tanker segments, with dry bulk tolls aligned to Neopanamax iron ore rates.
Higher tolls for dry bulk vessels, including grain carriers, would raise transpacific and Gulf-to-Asia freight costs for US and South American grain exports. The impact on delivered feed ingredient prices would be gradual and depends on the final approved structure.
feedstuffs.comKrissa WelshansAug 19, 2019Not 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.
