Southeast Asia is the location of nearly all of the growth and market action and will continue to be so for a long time, which is certainly no surprise to anyone in the business of agriculture.Having recently participated in a series of meetings in Southeast Asia for the second time in 30 days, it is noteworthy that the central theme continuously pounded home is that this part of the world is the location of nearly all of the growth and market action and will continue to be for a long time. This is certainly no surprise to anyone in the business of agriculture, but the numbers are sometimes so astounding as to be nearly unbelievable. Following are some examples:
40 percent of the Philippines’ population is under 20 years old. Appr...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
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...
