“Those who store and contract early are buying time — those who buy immediately are paying for panic.”

“Food exists in the world. The problem is that it cannot leave the port.”

“Today, the corridor shock has struck on top of a weak global season. There is no hidden surplus.”

“Food security is no longer an agricultural file; it is a file of corridors, fleets, warehouses, and contracts.”

“The market is pricing risk, not absolute scarcity. Any easing in navigation could bring prices down.”

“This corridor shock coincides with a weak global season driven by drought.”