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Container freight rates on key Asia-Europe and trans-Pacific routes rose last week. About 63% of Asia-Europe capacity now sails via the Red Sea, and Asia-Mediterranean rates reached $4,252 per FEU, up 8% week on week.
Carriers are blanking eight Asia-Europe sailings next week, and a potential strike at LA-Long Beach threatens cargo from November 1.
Container capacity restrictions and congestion keep shipping costs elevated, which raises the cost of imported feed ingredients and packaged supplies. These are container rates rather than bulk grain freight, so the direct grain price effect is limited.
financialports.comWeihong NguyenNov 12, 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.
