A broker and risk management advisor keeping a close eye on the Suez Canal blockage says there are no major ag market impacts yet. Dan Basse with AgResource says, “We’re watching it carefully for wheat. Of course, that would be an area that you would start to look for wheat or flour from the Black Sea into North Africa, but at least at the moment, we’re not seeing any real dilemma or problems.”
Daniel Basse
Basse tells Brownfield with hundreds of ships unable to use the canal while crews try to dislodge and re-float the Ever Given, those operators are losing money.
