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The Panama Canal has overtaken the Suez Canal as the leading route for container services between the US East Coast and Far East, holding 57 percent of volume versus 48 percent at the start of the year. Shares are expected to rise further as carriers add larger ships.
Shifts in US-Asia shipping routes affect container logistics more than bulk grain flows, so the direct impact on feed ingredient prices is limited.
cfrclassic.comJoseph GirandaJan 26, 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.
