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FMC seeks comments on ag export index

Trade & Trends

Thursday, May 31, 2012

The U.S. Federal Maritime Commission is seeking comments on whether it should develop freight rate indexes for agricultural exports. The FMC said it has received informal requests from large U.S. exporters, intermediaries, and derivative brokers to consider issuing container freight indexes for U.S. agricultural exports. “These large U.S. exporters, as well as the Agricultural Marketing Service at the U.S. Department of Agriculture (USDA), have express...

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