Shipping nightmare forces beef out of lucrative markets

Shan Goodwin
By Shan Goodwin
Updated November 8 2021 - 9:34pm, first published 5:00am
UPWARD: The Platts Container Index shows container freight rates on the key global trade routes have increased from about US$1,000 in May 2020 to around US$7,500 in September 2021. FEU (forty-foot equivalent unit) is a measure of volume in units of 40-foot long containers.

BEEF exporters are now facing the real possibility they may have to let go of lucrative global markets due to a lack of ability to get timely freight, particularly in the case of high-value chilled product.

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Shan Goodwin

Shan Goodwin

National Agriculture Writer - Beef

Shan Goodwin steers ACM’s national coverage of the beef industry. Shan has worked as a journalist for 30 years, the majority of that with agricultural publications. She spent many years as The Land’s North Coast reporter and has visited beef properties and stations throughout the country and overseas. She treats all breeds equally.

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