Dry-Bulk Markets In paper dry-bulk markets, the Capesize sector increased slightly this week on stronger demand from miners, but the move was insufficient to support the Panamax or Supramax markets, which turned lower. Most of the dry bulk markets are simply waiting for the economies of China and other major importers to improve and boost cargo demand. until that happens, freight markets look to remain locked in a sideways malaise.
Capesize, Panamax, and Supramax forward curves all rallied this week with the Capesize FFA 5TC curve driving most of the move. The Capesize rally came amid a tightening tonnage list, which stems partly from strong iron ore volumes from West Australia as well as the industry’s increased ballasti...
What You Need to Know Today: The surprises from the USDA’s Acreage report were a sharp reduction in winter wheat area from the March Prospective Plantings estimates and a larger-than-expected increase in corn area. The Grain Stocks report offered relatively few surprises, but quarterly d...
On Monday, the Trump Administration suspended the countervailing duties (CVDs) on phosphate fertilizer imports from Morocco via Executive Order. The CVDs were imposed in 2021 by the Biden Administration and were subject to a routine five-year sunset review. According to the Agricultural and Foo...
Key Takeaways: High oleic soybeans produce oil containing 70–80 percent oleic acid, improving stability and eliminating the need for partial hydrogenation, which eliminates trans fats. There are three primary varieties of high oleic soybeans available commercially: Plenish, Vistive Gold,...
