Farms.com Home  › News

AFBF Applauds Final Passage of Ocean Shipping Reform Act

AFBF Applauds Final Passage of Ocean Shipping Reform Act

American Farm Bureau Federation President Zippy Duvall commented today on final congressional passage of the Ocean Shipping Reform Act.

“AFBF appreciates lawmakers for working together to pass the Ocean Shipping Reform Act. Record-high shipping costs and delayed access to containers have worsened supply chain issues and limited exports at a time when the world is calling on America’s farmers to meet growing demand. Some estimates suggest we’ve lost out on more than $25 billion in agricultural exports over the past six months because of ocean shipping constraints. That’s unacceptable. Limited trade has also made it more difficult to import supplies like fertilizer, which increases costs to farmers and ultimately hurts all families through higher grocery bills.

Click here to see more...

Trending Video

Grain Markets into Oversold Conditions!

Video: Grain Markets into Oversold Conditions!

Managed money funds continue to sell grains.
Strong recent US soybean export sales.
Record Brazil soybean planting pace continues.
Trump announced $8 billion U.S. Harvest Fuel Relief Program (HFR).
"Black October" for AI.
USDA Cold Storage report neutral?
Cattle on Feed friendly.