05-12-2017 18:04 via agweb.com

Soaring Freight Costs Will Squeeze Traders, Boost Food Prices - AgWeb

AgWeb
Soaring Freight Costs Will Squeeze Traders, Boost Food Prices
AgWeb
(Bloomberg) -- It's getting more expensive to transport commodities around the world, threatening to squeeze profits for global traders and raise food prices. The Baltic Dry Index, a benchmark of shipping rates, surged 73 percent in 2017 to a four-year ...and more »
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