date:Mar 05, 2014
tracts fulfilled.
The U.S. is now more competitive because it costs more to ship grain from Ukraine, Sleight said. In the uncertain environment of political tensions that remind some of the Cold War, insurance costs for Ukrainian grain shipments have risen, along with the potential for demurrage, charges for extra delays in loading or unloading grain.
That's adding between $7 and $8 per metric ton of corn, Sleight said, although that added costs change hourly and daily. ($8 would be about 20 c