Shipping Industry News

Soybeans are trading with a slight bounce back attitude to kick off Friday, as contracts are up 3 to 4 cents in the nearbys. They failed to get much upside reaction to either the export business or better than expected Export Sales report from early on Thursday. Futures closed with...

Overnight through early Friday morning saw headlines of Russia firing missiles back at Ukraine. Naturally, some of the Missile Markets responded.

Transshipments of liquefied natural gas have resumed in Russia’s Arctic off Kildin Island near Murmansk. The restart comes around a month earlier than during previous years. The Kildin anchorage is located off the coast of the Kola Peninsula in the eastern Barents Sea.

Despite the high carry yield, front month Corn has yet to break through the declining trendline. Coffee, on the other hand, has broken through the upper channel and is aggressively breaking out.

Educational and Actionable information using Fibonacci and W.D. Gann analysis.

Secretary of the Navy Carlos Del Toro has approved a comprehensive plan to revitalize the Military Sealift Command (MSC) and strengthen fleet logistics support capabilities to address mounting workforce challenges....

Soybeans failed to get much upside reaction to either the export business or better than expected Export Sales report from early on Thursday. Futures closed with losses of 7 ½ to 14 cents on the day. CmdtyView’s national front month Cash Bean price was down 12 1/4 cents at $9.27....

Corn posted Thursday losses at the close, with contracts down 3 ½ to 4 ½ cents across the board. Pressure mounted as the rest of the grains were lower and the US dollar index posted fresh 1 year highs. The national average Cash Corn price from cmdtyView was down 3...

The wheat complex was pressured lower on Thursday, with the US dollar index hitting a 1 year high, up 414 points. Chicago SRW futures were down 1 ½ to 3 3/4 cents across the board at the close. KC HRW contracts closed with losses of 5 to 6 1/4 cents....

Wind-assisted propulsion is making substantial inroads into the gas-carrier segment with two groundbreaking projects. Norsepower and IINO LINES have successfully installed two Rotor Sails™? on the Very Large Gas Carrier...

Corn prices appeared to have finally found a bottom from the summer sell-off. Speculators were short the market in record numbers until late August, when they began buying back contracts, convincing some that the harvest seasonal low may be in. Then, exports increased in the last few weeks, and prices rallied more. While the bearish fundamentals of 1.9 billion carry-out and the massive amount of unpriced corn still linger, there isn’t much hope for a significant price rally yet.

With a belief, not to be confused with fact, that a portion of the buying that has lifted the feeder cattle index, causing a flurry of activity in feeder cattle futures, is due to the desire to own cattle to place on wheat.