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CMA CGM announced peak season surcharges on several container routes, including €50 per TEU from Northern Europe to Egypt and Turkey and $400 per TEU from South China to Mozambique. It also introduced a Rate Restoration Initiative for Canadian exports, with effective dates between November 10 and December 3, 2026.
Higher container surcharges raise the cost of containerized feed-ingredient and food shipments on the affected routes. The effect on bulk feed commodities is limited.
Not 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.