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Red Sea shipping route attacks drive demand for alternatives. However, due to the canal's lower water levels demand cant be met.

(Feb 08, 2024)
Red Sea shipping route attacks drive demand for alternatives. However, due to the canal's lower water levels demand cant be met. As Ships reroute expect prices to go up to compensate. Canal officials wait until the end of the 2Q before evaluating draft depths.
Maurizio “Moe” Agostino
Moe is the Chief Commodity Strategist. He is responsible for developing plans and assisting clients in the feed, grain and livestock industry to help them protect themselves from commodity price swings. Moe holds a Derivatives Market Specialist (DMS) designation as well as an Honors Degree in Business Administration. Moe has more than 15 years of financial services industry experience.
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