mana.ir

News ID: 72255 |
Publish Date: 09:13 - 12 February 2017

Snow, Avalanches, Rain Delay Grain Movement to U.S. Ports

Severe winter weather has slowed rail deliveries of crops to shippers in the U.S. Pacific Northwest, sending freight rates soaring and prompting Asian buyers to seek fill-in loads as they wait for the backlog at ports to clear.

Snow, Avalanches, Rain Delay Grain Movement to U.S. Ports
According MANA, blizzards, avalanches and heavy rain in recent weeks have hit transport of corn, soy and wheat to ports where they head for the lucrative Asian market, adding to the struggles that have plagued U.S. exporters since harvest.
The setbacks come at a critical time for U.S. exporters, who are trying to move as much grain as possible before buyers turn their attention to South America when corn and soybean harvests in Argentina and Brazil accelerate in the coming weeks.
.It is estimated that grains to be shipped with a  delay of about 15 to 20 days from the Pacific coast
Tags: America port
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