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Suez Canal traffic is at its busiest since the Red Sea crisis began, with crude-tanker tonnage in October exceeding its 2023 monthly average, supported by Saudi oil routed via Yanbu and Russian oil shipments toward India. Overall tonnage across vessel types remained about one-third below October 2023 levels, while sanctioned vessels accounted for nearly 40% of large crude-tanker transits.
The uneven recovery indicates that conflict-related diversions and sanctions continue to reshape shipping routes and constrain effective capacity, keeping freight and delivery risks elevated. This may raise delivered costs for traded feed ingredients, although the article gives no direct grain-price impact.
agbi.comJohn Crowley, Francesca WashtellNov 6, 2026Not 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.
