Key Takeaways:
- Dry bulk markets are steady/firmer this week with Handysize vessels making the biggest gains.
- In particular, strong grain demand has improved Handysize rates, along with charterers dipping down into the smaller vessel classes after the recent Panamax and Supra/Ultramax rallies.
- Geopolitical tensions remain high in the Middle East and Black Sea, which has vessel owners keeping rates above FFA values, though charterers are pushing back and widening bid-ask spreads.
- Tanker markets continue to see massive price gains as ...
Key Takeaways: The United States shifted from a decades-long agricultural trade surplus to a growing deficit, reaching roughly forty-one to forty-four billion dollars in recent fiscal years, a structural change rather than a cyclical dip. Brazil has overtaken the United States as the leading s...
Markets have no shortage of headlines today, but the reaction depends on what sits underneath them. Strong economic growth comes with renewed inflation pressure. Higher crude inventories do little to solve tight diesel supplies. Rain is delaying one crop while helping another, and trade expecta...
Key Takeaways: DDGS prices have been pushing higher this summer as corn, soybean meal, and other feedstuff values have surged amid strong export demand and supply concerns. WPI’s models anticipate additional gains for DDGS values heading into early 2027, with FOB plant prices reach...
