Shipping Industry News

The corn market is trading with Thursday AM losses of 2 to 4 ¼ cents. Corn futures were held up on Wednesday, closing with gains of 3 to 6 ¼ cents. The average close for December futures has been $4.69 in February, which is used for determining the base crop...

U.S. Senators doubled down on the importance of Greenland for U.S. security during a hearing on the Arctic. During the two-hour session of the Senate’s Commerce, Science, and Transportation Committee lawmakers across the aisle and expert witnesses stressed the importance of Greenland, including its possible acquisition, for U.S. security considerations.

Russian officials have held meetings with Indian buyers this week in an effort to sell liquefied natural gas from a flagship export facility sanctioned by the US.

Arabica Coffee has been steadily climbing higher and higher for the past year. The May 2025 contract closed Tuesday at $404.40 which is 16% higher than the May 2026 contract at $339.65. Traders have the opportunity to sell the May contract and profit as prices roll down towards the May 2026 contract,

The Beans Broke, as the Cattle Markets Took a Knee

The Paraná is Argentina’s gateway to global markets. Around 80% of all the country’s crops are loaded on its shores. But the shipping channel hasn’t been deepened since 2006 — even as global soy commerce has doubled in the same period.

Soybeans closed out the Wednesday session, with contracts 11 to 16 cents in the red across most months, led by the nearbys. New crop seems content with not buying soybean acres, as the current soy corn ratio is 2.20. The average close in February for November futures, used to determine...

Corn futures shrugged off the losses in the bean and wheat markets, with contracts holding onto gains in at the close. They ended the midweek session with gains of 3 to 4 ¼ cents. The current new crop soy/corn ratio is 2.20, as the market continues to try and buy...

Wheat futures held onto the weakness into the close on Wednesday, with losses in the three markets. Chicago SRW futures were down 2 to 3 cents across the nearbys on the day. KC HRW futures were faced with fractional to 2 cent losses at the close. MPLS spring wheat was...

The U.S. Coast Guard has released an audio recording of the Titan submersible‘s fatal implosion from June 18, 2023. A NOAA moored passive acoustic recorder, situated about 900 miles from...

The U.S. Coast Guard has released an audio recording of the Titan submersible‘s fatal implosion from June 18, 2023. A NOAA moored passive acoustic recorder, situated about 900 miles from...

The Port of Brunswick‘s Colonel’s Island Terminal has emerged as the United States’ leading port for automotive and heavy equipment cargo, processing more than 2 million tons of Roll-on/Roll-off (RoRo)...