While the ports of Los Angeles and Long Beach have resumed shipping commodities, the temporary closure has created some uncertainty for the U.S. food supply chain.
Executive Director of the Soy Transportation Coalition, Mike Steenhoek spoke with RFD-TV’s own Tammi Arender on the latest hurdles, how it has impacted freight containers, and what ripple effects may arise.
Related Stories
China’s beef policy risk stems from domestic volatility, making export demand inherently unstable. Jake Charleston with Specialty Risk Insurance offers his perspective on cattle markets, risk management, and producer sentiment.
U.S. Secretary of Agriculture Brooke Rollins said permanent access to the higher ethanol blend would provide farmers with much-needed certainty while supporting domestic crop demand.
Record corn and sorghum crops boost feed grain supplies, while reduced soybean and cotton production tighten outlooks for oilseeds and fiber markets.
Food prices increased in December, but not as much as expected, according to the latest Consumer Price Index from the U.S. Bureau of Labor and Statistics.
Structural efficiency supports cattle prices and resilience — breaking it risks higher costs and greater volatility.
Market reaction was bearish for corn and soybeans, with analysts noting that abundant supplies amid tepid demand could keep price pressure on agricultural commodities.