Shipping Industry News

Donald Trump’s trade levies aren’t the main reason why China is exporting more to other parts of the world, a European Central Bank study showed.

Russian Foreign Minister Sergei Lavrov told his Cuban counterpart Bruno Rodriguez on Wednesday that Moscow was urging the U.S. not to impose a full naval blockade on the communist-run island and was advocating negotiations instead.

Soybeans are trading with 3 to 7 cent gains across the front months on Wednesday morning. Futures rounded out the Tuesday session with contracts fractionally to 1 ¼ cents higher. Open interest suggested new buying interest, up 22,504 contracts on Tuesday. The cmdtyView national average Cash Bean price was up...

Wheat is rallying back from losses on Tuesday, with the Wednesday session starting off with gains across all three markets. Chicago SRW futures were down 6 to 7 cents on Tuesday, as March slipped 11 cents. Open interest was down 14,838 contracts on Tuesday, mainly in the front two contracts....

Corn price action is up fractionally to 1 ½ cents so far on Wednesday. Futures closed Tuesday with contracts falling 5 to 6 ¼ cents. Open interest was down 788 contracts on Tuesday, as the roll out of March continues, down 30,524 contracts. March options expire on Friday. The CmdtyView...

I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. Last week, I wrote about a May 2026 soybean trading strategy that worked very well. This week, I am writing about a soybean meal strategy. Data released today from the National...

Opportunity is Knocking - Answer the Door

The wheat complex posted weakness on Tuesday across all three markets. Chicago SRW futures were down 6 to 7 cents, as March was slipped 11 cents. KC HRW futures were 3 to 4 cents in the red at the close. MPLS spring wheat was down 3 to 4 cents lower...

Soybeans rounded out the Tuesday session with contracts fractionally to 1 ¼ cents higher. The cmdtyView national average Cash Bean price was up 1 1/4 cents at $10.68 1/2. Soymeal futures were a dime to $3.40 lower in the front months, with Soy Oil futures 21 to 44 points higher....

Corn futures closed Tuesday with contracts falling 5 to 6 ¼ cents. The CmdtyView national average Cash Corn price was down 5 1/4 cents at $3.93. USDA’s FGIS tallied corn export shipments at 1.492 MMT (58.75 mbu) during the week ending on February 12. That was 7.31% below the week...

Salvage crews have removed roughly 1,000 gallons of residual fuel from the grounded barge Defiant near the entrance to San Juan Harbor, significantly reducing environmental risk as officials prepare a plan to refloat the 265-foot vessel. The port remains open, and no pollution or injuries have been reported.

Hapag-Lloyd has agreed to acquire ZIM Integrated Shipping Services for $4.2 billion in a deal that would cement its position among the world’s top five container carriers, expand its Transpacific footprint, and add significant LNG-powered capacity to its fleet.