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A Supply Chain Dive article reports that US farmers already squeezed by a strong dollar face higher costs as shipping alliances reduce port calls and prioritize import-heavy ports. Container availability and shipment delays in Asia may raise export logistics costs for US commodity suppliers.
Higher and less reliable container and port access can raise landed costs for US agricultural exports, weakening competitiveness versus Brazilian and Black Sea origins and pressuring US export demand.
supplychaindive.comEdwin Lopez, Jennifer McKevittMay 17, 2017Not enough comparable past events yet for a historical read.
After 359 past bearish logistics events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -1.5% to +1.5%), and -0.5% over 20.
After 297 past bearish logistics events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.5% to +1.8%), and +0.7% 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.
