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Soy Transportation Coalition executive director Mike Steenhoek says low Mississippi River levels are arriving at the worst time of year, during peak harvest shipping. He says the river has been drastically low for the third straight year.
Reduced barge efficiency is pushing barge freight rates higher.
Limited barge capacity during harvest raises freight costs that flow back to farm-gate prices for grain and soybeans. Higher transport costs also widen the gap between interior and Gulf export prices.
brownfieldagnews.comBrent Barnett16 Okt 2024Belum cukup peristiwa historis yang sebanding untuk analisis historis.
Setelah 297 peristiwa logistik bearish sebelumnya, Kedelai bergerak median +0,3% selama 5 sesi (54% lebih tinggi; separuh tengah -1,5% sampai +1,8%), dan +0,7% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
