tariffs

Harvey Forces Shutdown of Texas Ports, Threatens Others

Dan Exports/Imports, Industry News Release, Trade

harvey texas portsTwo major ports along the Gulf of Mexico in Texas are closed following the flooding and damage from Hurricane Harvey. Ports at the Texas Gulf account for about 24 percent of U.S. wheat exports, three percent of corn shipments and two percent of soybeans. In 2011, the Port of Corpus Christi ranked 13th in the Nation for total waterborne agricultural exports, moving about four million metric tons of cargo. The same year, the Port of Houston ranked sixth in the Nation for total waterborne agricultural exports and ninth for containerized exports, according to data compiled by the U.S. Department of Agriculture. Mike Steenhook of the Soy Transportation Coalition told Bloomberg News that the bigger threat to shipments of corn and soybeans comes from Harvey’s potential impact in Louisiana and the Gulf of Mexico. About 60 percent of American soybean exports depart from the region, as do 59 percent of corn shipments.

From the National Association of Farm Broadcasting News Service.

Share this Post