Plunging shipping costs send grains globetrotting
By Lisa Shumaker
Reuters iht
Monday, December 8, 2008
CHICAGO: Ocean shipping costs have plunged to 22-year lows, skewing global grain-trading patterns to the point where hog farmers in the United States are importing wheat from Britain and Japan has shunned American corn in favor of supplies from Ukraine. Read the rest of this entry »
Posts Tagged ‘shipping crisis’
Plunging shipping costs send grains globetrotting
Posted by smeddum on December 9, 2008
Posted in Financial crisis | Tagged: media blackout, shipping crisis | Leave a Comment »
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