President Joe Biden, aboard the Marine One helicopter, inspects the damage from Hurricane Ida on an aerial tour of communities in Laffite, Grand Isle, Port Fourchon and Lafourche Parish, La., Friday, Sept, 3, 2021. - AP Filepic
SINGAPORE: Asia’s grain and oilseed buyers are set to face shipping delays of at least one month after Hurricane Ida damaged key export terminals around the US Gulf Coast, two traders and one miller said.
The slowdown in supplies is likely to stoke food inflation fears for price-sensitive consumers in Asia, where many importers have already drawn down crop inventories after having been forced to curb purchases amid volatile crop prices and Covid-related supply disruptions this year.
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