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Hurricane Harvey's flooding in late August 2017 halted most grain exports through Texas Gulf ports, with virtually no wheat inspected for export in early September. CSX rail delays added to the disruption.
USDA said Gulf ports handle about 46 percent of US wheat exports.
Disrupted Gulf export loadings hurt wheat export flows and pressure HRW cash bids as sales are diverted or delayed. Seasonal harvest demand for transport is expected to rise, but lower 2017 export forecasts should ease the overall pressure.
world-grain.comRon Sterk10 Okt 2017Setelah 11 peristiwa logistik bearish sebelumnya, Gandum (HRW) bergerak median -0,3% selama 5 sesi (45% lebih tinggi; separuh tengah -2,8% sampai +0,9%), dan +0,4% 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.
