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An expert says disruption in the Red Sea and Panama Canal is worse than widely understood. The Panama Canal is facing unprecedented drought that limits ship transits.
Constrained canal capacity lengthens routes and raises freight costs for grain and oilseed shipments, supporting higher ocean freight rates.
markets.bostonherald.comAssociated PressMar 6, 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.
