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Suez, Panama canal disruptions drive up freight rates, slow ag shipping

Disruptions in the Red Sea due to attacks from Houthi rebels and a drought-induced slowdown of goods through the Panama Canal are driving up freight costs and putting a focus on the vulnerabilities of key chokepoints in agricultural shipping lanes.

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Soybean Supply Chains and the Panama and Suez Canals – Ohio Ag Net

Soybean Supply Chains and the Panama and Suez Canals – Ohio Ag Net
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Daybreak Jan. 3: Republican presidential candidates make final push for voters in Hawkeye State

Republican presidential hopefuls are ramping up their visits to Iowa as they seek to win over the ag-heavy state ahead of its Jan. 15 caucus.

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Drought Bottlenecks Panama Canal, Impacting Grain Trade - AG INFORMATION NETWORK OF THE WEST

Significant drought is impacting water levels in the Panama Canal, forcing bulk grain shippers to take alternative trade routes to avoid delays. Vessels coming from the U.S. Golf Coast to Asia are opting for longer routes and increased fright expenses to steer clear of congestions and record-breaking transit fees in the Panama Canal.

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