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Shining Light on Farm & Food Policy for 20 Years.
Thursday, December 26, 2024
Agricultural exporters are dealing with increased freight costs and trade disruptions amid ongoing conflicts in the Red Sea, industry leaders told the Federal Maritime Commission during a hearing Wednesday.
Disruptions in the Red Sea due to attacks from Houthi rebels and a drought-induced slowdown of goods through the Panama Canal are driving up freight costs and putting a focus on the vulnerabilities of key chokepoints in agricultural shipping lanes.
