date:Jan 07, 2022
o go up. But before the farmers can get paid, shipments need to arrive at their destination. The latest numbers suggest that's not happening to the degree it was a year before. Instead, domestic and export deliveries are down. And so are prices.
Rabobank reported in November that global container prices have increased more than 800 percent since the start of the pandemic amid record demand, mass cancellations of cargo ships and an imbalance in shipping container distribution. Port congestion an