News is sparse on this eve of the Christmas holiday weekend. However, no one really cares about that or markets today, so perhaps a Christmas wish list is appropriate.Markets closed an hour early today on the eve of the Christmas holiday weekend. News is sparse, but no one really cares about that or markets today, so perhaps a Christmas wish list is appropriate. Below is mine:
A new export terminal on the west coast of Canada (Oh wait, Canada’s G3 Holding has already announced that it will build a new grain export terminal at Port Metro Vancouver, BC by 2020. G3 is the remnants of the Canadian Wheat Board in partnership with Bunge and Saudi Arabian company SALIC. See the following link for the entire story: http://www.dailymail.co.uk/wir...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
