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Ag shippers urged to consider derivatives
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The impact of container freight derivatives and index-linked contracts has yet to be fully felt on U.S. export trades, and for good reason. There aren’t really any indexes for export shippers to base such contracts or derivatives on quite yet, according to two experts who spoke Friday at the Agriculture Transportation Coalition’s annual meeting Friday. “There’s still today a lack of relevant index for export shippers,” said Benjamin Gibson, a freight derivatives broker...
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