I just read that there are 85 ships lined up and waiting to be loaded in Argentina's main port. Workers are on strike it appears. I am assuming that these ships will finally get loaded, but wouldn't you think it could mean a few more US exports?
Re: Shipping delays
Who pays for those ships to sit there (demerge)? It takes a lot of fuel to move those ships even empty a hemisphere away.
I also wonder what is going on when most talk is of a corn shortage in June/July and it is the beans that are creeping up in price.
Bulk carrier glut
The oversupply of dry bulk ships has resulted in daily charges falling from over $200,000 to as low as $15,000 a day for a Panamax. The ships will sit wherever they are if there is hope they can get loaded eventually. Especially since they are pretty much committed to carrying a S American cargo.