Market Management
Panama Canal drought cuts transits to 32 a day, threatening Australian beef to the US east
Daily slots fell from 36 to 34 this month and to 32 this week, with more cuts possible without rain; Rabobank's Angus Gidley-Baird estimates that over 70% of Australia's US beef exports and 90% of its Canadian exports go to the east coasts, roughly 24% of national production, more than goes to China