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Nicaragua's Supreme Court dismissed the last environmental challenge, clearing the $50 billion Interoceanic Grand Canal project to proceed. The article also notes plans for two further mega-canals in Asia and questions about ecological impacts of linking oceans.
The project is a long-term development with no near-term effect on grain freight rates or supply, so it has little immediate price implication for feed markets.
newscientist.comFred PearceApr 11, 2017Not 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.
