PULSES & BEYOND STEVE BALASKI NWSA
their services because they don’t have the ships available. We’re also seeing the impact on rates. The spot market has surged this year, especially in the trans-pacific market, more so on the import than the export side but we are seeing the price pressure there too. It has more impact on the export side because margins on those commodities are so much lower. I would argue that the competitive nature of the commodity markets is much greater. Any additional costs, especially for products in the USA with the current exchange rates, make it that much more challenging to compete globally. Once you throw in tariffs as well, it’s a real challenge. Are you finding that price pressure is causing the formation of new trade routes for ag commodities out of the port? If shippers need to move the product, they
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