Loading…
A UK think tank, Chatham House, warned that governments must act immediately to reduce the risk of disruption at major global food trade chokepoints. The named chokepoints include the Panama Canal, the Strait of Gibraltar, US Gulf Coast ports, the Suez Canal and US inland waterways and rail.
The report says serious interruptions could cause supply shortfalls and price spikes.
Concentrated export infrastructure means a single disruption could tighten supplies and lift export basis and freight costs for feed grains and meals. The report raises the risk premium on logistics routes but does not itself change current flows.
producebusiness.comKateJul 1, 2017Not enough comparable past events yet for a historical read.
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.
