# U.S. Grains Council, Panama Canal Authority sign MOU

> The U.S. Grains Council and the Panama Canal Authority signed a memorandum of understanding at a council event in Panama City, after more than 350 attendees toured the new Agua Clara locks. The council said about one-third of U.S. grain exports transit the canal. The agreement focuses on promoting canal trade routes for U.S. agriculture.

- Date: 2017-02-16 · published 2017-02-16T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/72397-u-s-grains-council-panama-canal-authority-sign-mou
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Stronger canal ties support efficient U.S. grain export logistics, which can narrow freight costs to key buyers. The agreement is a trade promotion step with no immediate price effect.

## Sources

- feedstuffs.com: https://www.feedstuffs.com/grain-market-news/u-s-grains-council-panama-canal-authority-sign-mou

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.