The Houthi attacks on the Red Sea have primarily targeted containerized shipments. U.S. Grains Council Vice President Cary Sifferath said companies moving bulk commodities, like corn, are also trying to avoid the Red Sea. These vessels are now going south of Africa to reach Asia. The Minnesota native said that means more corn may be moving out of the Pacific Northwest. Commodities going to Central America and South America are facing transportation problems of their own with the Panama Canal and also turning to the PNW. “We’ve seen some corn vessels loaded for Guatemala and Columbia and El Salvador actually coming out of that Pacific Northwest which is quite unique to see happen.” Sifferath was part of MN Ag Expo.
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