With trans-Pacific container rates at an all-time high, even more containers are flowing from Asia to the US. The return leg is a different story, however, with empty space frequently seen on board. The US agriculture industry has spotted this crack, and expectations are high that containerized soybeans, wheat, and corn could fill the gap.
In this episode of S&P Global Platts Commodities Focus podcast, container freight markets editors Baoying Ng, George Griffiths, and Greg Holt, as well as agriculture markets editor Mugunthan Kesavan, discuss the ongoing market trends and the longer term prospects.
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