
Economists at the University of Arkansas System Division of Agriculture say Hurricanes Harvey and Irma damaged harvested crops, disrupted commodity movement and slowed exports. Union Pacific reported most of its affected rail track was back in service by mid-September, and Gulf Coast shipping reopened on September 1.
Fuel and nitrogen fertilizer prices rose as a result.
Export and rail disruption from the Gulf hurricanes slows grain shipments and lifts diesel and fertilizer costs, which raises the cost of moving and producing feed ingredients. Recovery is underway, so the impact should fade over coming weeks.
Setelah 113 peristiwa logistik bullish sebelumnya, ULSD / Solar bergerak median +0,6% selama 5 sesi (54% lebih tinggi; separuh tengah -2,8% sampai +4,2%), dan +0,2% selama 20 sesi.
Setelah 49 peristiwa logistik bullish sebelumnya, Urea bergerak median -0,3% selama 5 sesi (45% lebih tinggi; separuh tengah -1,3% sampai +2,2%), 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.