Shipping Industry News

The wheat complex is taking back the weakness from Thursday, as contracts are up double digits across the three exchanges, as the USDA was a little more bearish. Chicago SRW futures are back up 16 to 18 cents in the front months. Kansas City HRW contracts are 12 to 14...

The corn market is rallying across most contracts on Friday, up 6 to 10 cents in most nearbys as we trade through midday. The front month CmdtyView national average Cash Corn price is up 6 cents at $4.61 3/4. USDA’s monthly WASDE report from Thursday saw a 75 mbu cut...

The soybean market is trading with double digit gains on Friday, as contracts are up 14 to 19 cents. CmdtyView’s national front month Cash Bean price was up 14 1/2 cents at $9.90 1/4. Soymeal futures are up $2.20/ton, with Soy Oil futures 96 points higher. Overnight, China retaliated to...

By Gavin van Marle (The Loadstar) – Despite the huge uncertainty US tariffs have injected into container supply chains, and its potentially schizophrenic effect on demand, spot freight rates this week...

In a landmark decision, the International Maritime Organization (IMO) has approved the world’s first meaningful global carbon pricing scheme for the shipping industry, marking a significant step toward maritime decarbonization....

Beijing increased its tariffs on U.S. imports to 125% on Friday, hitting back against U.S. President Donald Trump's decision to hike duties on Chinese goods and raising the stakes in a trade war that threatens to up-end global supply chains.

Countries at the U.N. shipping agency struck a deal on Friday on a global fuel emissions standard for the maritime sector, which will impose an emissions fee on ships that breach it and reward vessels burning cleaner fuels.

Grains have responded positively following Thursday’s WASDE report, with corn, soybeans, and wheat trading to the highest levels in weeks.

President Donald Trump is casting his latest tariff plan as a strategic win. Markets and business leaders only see more chaos ahead. Stock plunged on Thursday, as anxiety spiked among investors again worried an extended period of trade hostility could devastate the global economy. That washed away a half-day of euphoria on Wall Street on Wednesday after Trump paused higher tariffs on dozens of nations.

The Estonian navy detained and boarded a Russia-bound oil tanker on an EU sanctions list on Friday, accusing it of sailing illegally without a valid country flag.

Wheat is showing gains early on Friday, with gains in the three markets. The wheat complex gave into the bears on Thursday, falling lower across the three exchanges, as the USDA was a little more bearish. Chicago SRW futures were back down 2 to 5 cents in the front months....

Soybeans are trading with Friday morning gains of 2 to 6 cents across most contracts. The soybean market posted Thursday gains of 7 to 17 cents across most contracts at the close, following the USDA data release. Preliminary open interest was down 19,148 contracts. CmdtyView’s national front month Cash Bean...