Absolutely right and this is the biggest threat to global trade & prices, particularly for very small far away markets like NZ where we are finding it increasingly difficult to even get the shipping companies to service us. So lets all thank our lucky stars for our farmers for growing food that the World needs. Without them and their valuable exports we'd have no shipping service to/from NZ
This is not likely to change lower anytime soon as there is simply not enough shipping capacity and it will take years to rebuild, so no pressure on current freight providers to reduce prices.
This will lead to serious inflation in NZ & around the World. HLG will be affected like everyone else, whether importing or exporting.
https://www.bloomberg.com/news/artic...rice-increases