The declining dollar has sparked such a buying binge of U.S. farm commodities, exporters are struggling to find room on steamships and enough containers to carry all the wheat, soybeans and cotton. ...
In 18 months, the price of getting commodities from inland markets -- like Memphis -- to markets overseas has doubled and is forcing traditional local exports -- cotton, lumber and paper -- to compete for containers being gobbled up by grain.
Thursday, November 29, 2007
Declining dollar benefits US farmers
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