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Journal of Commerce reports a $205 million Coos Bay Rail Line upgrade that could support a new Pacific Coast port, rail executives planning intermodal rate increases in the 2027 bid cycle, and public and private funding for Port Saint John in Canada. The article headline also references fading fears of low-sulfur fuel supply shortages.
Rail and port capacity investments and intermodal rate hikes affect the cost and reliability of moving grain and feed through Pacific and Canadian ports. The fuel supply item in the headline has little direct bearing on feed prices.
prod.int.joc.comGreg Knowler, Senior Editor Europe }Mar 21, 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.
