Shipping Industry News

Soybeans are under pressure on Wednesday, with contracts down 5 to 7 cents midday. The cmdtyView national front month Cash Bean price is down 5 1/4 cents at $9.68 1/2. Soymeal futures are down $1.80 to $2.10/ton on the day, with Soy Oil futures down 59 points on the day....

The International Longshoremen’s Association (ILA) members have overwhelmingly ratified a new six-year master contract with United States Maritime Alliance (USMX), securing unprecedented wage increases and automation protections for workers across...

KUALA LUMPUR, Feb 26 (Reuters) – A ship that will hunt for missing Malaysia Airlines Flight MH370 has deployed to its Indian Ocean search zone, according to Malaysia’s transport minister and ship tracking data, raising hopes of...

A group of top maritime labor leaders in the U.S. is urging Congress to restore nine Federal Advisory committees on maritime safety after their membership was abruptly terminated. The committees—staffed...

Grain markets have been choppy through the first half of the week. End of the month trade along with the USDA outlook forum could keep it that way through the remainder of the week.

Australia was unaware Chinese warships were set to conduct live-fire exercises off its east coast until its security authorities were alerted via a Virgin Australia pilot who heard radio communications about the drills, according to a top air traffic official.

More than 45,000 U.S. dockworkers represented by the International Longshoremen's Association ratified a new six-year contract on Tuesday, formalizing a deal that offers bumper pay hikes and averts any potential disruption until 2030.

Wheat futures are trading with mixed trade and the winter wheat stronger on Wednesday morning and spring wheat cheaper. The wheat market was back lower on Tuesday, with contracts pulling off the lows into the close. Chicago SRW futures were still down 5 to 7 cents at the close. KC...

Corn price action is back to positive on Wednesday morning, with gains ranging from fractionally to 2 cents. Futures were under pressure for much of the Tuesday session, as contracts fell fractionally to 3 cents across most months. CmdtyView’s national average Cash Corn price was down 2 3/4 cents at...

Soybeans are down 1 to 2 cents across most contracts so far early on Wednesday. The soybean market closed mixed on Tuesday, with front months showing bulls battling back and up 1 to 2 ¼ cents and new crop November down ¾ cent. The cmdtyView national front month Cash Bean...

The wheat market fell lower on Tuesday, with contracts pulling off the weaker action into the close. Chicago SRW futures were still down 5 to 7 cents at the close. KC HRW futures were 4 to 5 cents lower on the session. MPLS spring wheat was 7 to 9 cents...

Corn futures were under pressure for much of the Tuesday session, as contracts fell fractionally to 3 cents across most months. CmdtyView’s national average Cash Corn price was down 2 3/4 cents at $4.47. EIA data will be updated on Wednesday morning, with most expecting to see ethanol production steady...