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The expanded Suez Canal, completed in one year, now has wider and deeper channels that accommodate 92% of existing vessels. The project also includes a new channel to the East Port Said container terminal.
Faster transit and larger vessel access may modestly lower shipping costs for grain moving through Suez, though the effect on feed prices is indirect.
oxfordbusinessgroup.comOBG AdminMar 18, 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.
