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Chatham House published an analysis identifying 14 critical chokepoints in global food trade, including maritime straits, coastal ports and inland transport routes. It warns that disruption at these points could seriously affect global food security.
Concentrated reliance on a few routes such as the Panama Canal, Suez and Black Sea ports raises the risk that a single disruption would spike freight costs and tighten supplies of grains and soybean meal.
chathamhouse.orgJun 27, 2017Not enough comparable past events yet for a historical read.
After 284 past neutral logistics events, Corn moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.4%), and -0.2% over 20.
After 163 past neutral logistics events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.1%), and -0.3% over 20.
After 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.
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.
