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Two proposed projects aim to expand containerized soybean exports: a greenfield container and intermodal terminal at Plaquemines Port in Louisiana, and a new class of self-propelled inland vessels to shuttle containers from upriver terminals. The container port is at least three to four years from operation and still needs major capital.
These projects are long-term infrastructure plans with no near-term supply effect, so they have little immediate price impact on soybeans or freight rates.
ajot.comMatt MillerNov 27, 2018After 230 past neutral logistics events, Soybeans moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.0%), and +0.1% over 20.
Not 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.
