US barge prices slid ahead ofThanksgiving

摘要

US barge prices were slipping further going into theThanksgiving holiday as endusers in the wheat belt remainedconfident prices are more likely to fall rather than rise. The USbarge market is collapsing more quickly than internationalgranular values, as indicated by a spread of almost $49/stbetween the US barge market and other global destinationsfor major international exporters. However, the lack of newinternational business had most US traders bettinginternational values will move lower, although probably notenough to close the gap with the US in the near term.