Grain cargoes expected to drop most in 19 years

Note: This section contains information in English only.
Source: Bloomberg
Global grain trade is expected to fall 4.9% in the 2012-13 marketing year, the U.S. Department of Agriculture reports. Arid weather from Europe to Australia and the worst drought in U.S. in more than 50 years determines potential decline in grain cargoes and unprofitable rates for cargoes' owners. Baltic Exchange data shows 17% drop in estimated forward delivery agreements for a fourth-quarter.
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