Key Takeaways:
- Dry bulk markets are mixed this week with the Capesize sector seeing a sharp correction from its recent rally. Smaller vessel classes are steady/firmer but the Chinese Golden Week Holiday is pressuring near-term rates.
- Dry bulk freight did not receive the bullish boost it was hoping for following last week’s Trump-Xi trade summit in Washington, in which China did not agree to import more U.S. soybeans or lower tariffs. China did lower tariffs on other products, including corn, sorghum, and wheat, which could offer modest support to freight demand, but added soybean shipments was the nonexistent headline that could pressure freight going forward.
- The Panama Canal has added another daily transit slot starting ...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
