El Niño to Impact Trade? Panama Canal Could Suspend Vessel Bookings, Says Bloomberg

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As of July 21, operators at the Panama Canal could curtail some vessel booking slots due to water-supply challenges, reported Bloomberg. Previously, Expana's team flagged this possibility during a June 25 webinar, according to Weather & Crop Researcher, James Tyler. Affected commodities could range from corn and soybeans, to fruit, vegetables, seafood, and more.

On July 7, the Panama Canal Authority (ACP) could reduce the maximum authorized vessel draft for its largest locks to 44 feet by...

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Expana's Weekly Top 10

This week’s Expana Top Ten highlights major developments shaping global food, agriculture and commodity markets, from new opportunities for US shrimp through federal food aid programs and continued momentum in the ready-to-drink beverage category to shifts in fertilizer production, trade policy and global supply chain risks.

Analysts also examine the impact of evolving consumer behavior, food safety concerns, geopolitical tensions and weather patterns, including strengthening El Niño conditions, on markets and industries worldwide. This list is in no particular order.

Find archived recaps here.

Seafood Sector Faces Key Policy Changes...

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