
USDA data show that in Q1 2019 the cost of shipping corn, soybeans and wheat from the U.S. to Mexico fell about 4 percent by water and 1 percent by land compared with the prior quarter. Lower truck and ocean freight rates drove the decline, with lower diesel prices also contributing.
Ocean rates fell on slower trade during the Chinese New Year and weaker coal and iron ore flows.
Lower freight costs improve the delivered competitiveness of U.S. grain in Mexico, supporting export basis. The effect on futures prices is small.
Belum cukup peristiwa historis yang sebanding untuk analisis historis.
Setelah 18 peristiwa logistik bearish sebelumnya, ULSD / Solar bergerak median +0,6% selama 5 sesi (56% lebih tinggi; separuh tengah -1,5% sampai +3,3%), dan -0,2% 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.