# Market Intel - Commodity Blenders

> A four-day strike closed East and Gulf Coast container ports and left nearly 60 ships queued to unload, several carrying feed ingredients such as palm products, vitamins and amino acids. Vitamin A, E and D3 prices rose recently, and some suppliers are considering allocating shrinking inventories, while amino acids remain well supplied with stable prices.

- Date: 2024-10-04 · published 2024-10-04T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/9419-market-intel-commodity-blenders
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Port backlogs delay feed ingredient deliveries and tighten already scarce palm products and vitamins, supporting higher costs for feed manufacturers, while SBM prices are firming slowly.

## Read by commodity

- SBM: bullish ▲
- PALMOIL: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-01-04 | [Logistics and global dynamics in focus for EU vegetable oil market](https://feedsoft.ai/events/32194-logistics-and-global-dynamics-in-focus-for-eu-vegetable-oil-market.md) | +2.6% | +2.2% |
| PALMOIL | 2017-04-07 | [Malaysia palm planters face labor shortage as Indonesia workers stay away](https://feedsoft.ai/events/71605-malaysia-palm-planters-face-labor-shortage-as-indonesia-workers-stay-away.md) | -3.7% | -2.7% |
| PALMOIL | 2022-11-02 | [Palm oil jumps nearly 5% to 12-wk highs on supply woes - Markets - Business Recorder](https://feedsoft.ai/events/8071-palm-oil-jumps-nearly-5-to-12-wk-highs-on-supply-woes-markets-business-recorder.md) | +2.9% | +0.5% |
| PALMOIL | 2024-09-30 | [Palm Oil News - The Lack of Soyoil in Brazil Made Supply Crisis to Biodiesel Production](https://feedsoft.ai/events/28408-palm-oil-news-the-lack-of-soyoil-in-brazil-made-supply-crisis-to-biodiesel.md) | +9.1% | +9.7% |
| PALMOIL | 2018-06-28 | [Extended Eid break disrupts Malaysian, Indonesian palm oil harvest, mills \| Malay Mail](https://feedsoft.ai/events/64629-extended-eid-break-disrupts-malaysian-indonesian-palm-oil-harvest-mills-malay.md) | -3.0% | -6.0% |
| SBM | 2020-03-20 | [Weekly Market Wrap-Up - March 20, 2020 - The Andersons Trade Group](https://feedsoft.ai/events/6109-weekly-market-wrap-up-march-20-2020-the-andersons-trade-group.md) | +2.6% | -8.4% |
| SBM | 2025-03-13 | [Argentine soybean mill workers strike creating unease in global meal market](https://feedsoft.ai/events/13872-argentine-soybean-mill-workers-strike-creating-unease-in-global-meal-market.md) | +1.5% | +1.0% |
| SBM | 2023-06-22 | [Market Perspectives – June 22, 2023 - Page 9 of 9 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/35383-market-perspectives-june-22-2023-page-9-of-9-u-s-grains-and-bioproducts-council.md) | -7.3% | +1.1% |

## Sources

- commodityblenders.com: https://www.commodityblenders.com/mi-oct-2024/

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