What is Transportation Perspectives? A weekly report that tracks developments in ocean freight rates and U.S. agricultural commodity exports. With nearly two decades of market analysis, it offers global readers unparalleled insights into what was once an opaque industry.
Recent Analysis from Transportation Perspectives
Transportation Perspectives - 13 August
Key Takeaways: Dry bulk freight markets are higher this week as activity in Asia and off the ECSA picks up. President Trump extended the Jones Act waiver for another 90 days this week, allowing foreign-flagged vessels to transport oil and other goods between U.S. ports. A container...
Transportation Perspectives - 6 August
Key Takeaways: Global freight markets are mixed this week with Capesize and Panamax vessel seeing strong performance, primarily on iron ore demand and U.S. Gulf and ECSA grain demand. Handysize and, to a lesser extent, Supramax vessels are trading lower as charterers focus on larger vess...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
For 23 years, WPI’s monthly AgReview publication has provided in-depth analysis of markets and policy. Responding to changes in both business economics and clients’ needs, this will be our last edition. We will continue to include historical analysis with our successful daily Ag Per...
WPI's monthly publication features a review of the past month's market and policy analysis articles. This month we examine the impacts of climate change, competition in the oilseeds market, the outlook of the meat industry, policies surrounding the Renewable Fuel Standards under the Biden Admin...
THE OPEN Nov beans: 5 higher Dec meal: .50 lower Dec soyoil: 35 higher Dec corn: 1 higher Dec wheat: 1 higher The markets opened as called with further strength as traders lifted shorts in beans on the back of a continuing strong soyoil performance. Grains we...
SPREADS Dec crush trades to 1.36c/bu while oilshare trades to new highs at 49.47%. Bean spreads are weaker as November contracts continue to roll forward. Nov/Jan bean carry trades from 11c to 11 1/2c, while Nov 21/22 trades from 1 3/4c to 6 3/4c carry. Nov/March bean spread t...