Shipping Industry News

Soybeans are posting 6 to 8 cent gains across most contracts on Thursday. There were 3 deliveries against May soybeans overnight. CmdtyView’s national front month Cash Bean price is up 9 1/2 cents at $9.98 1/2. Soymeal futures are down $2.30 to $2.50/ton, with Soy Oil futures back up 97...

The corn market is trading with contracts down 3 to 4 ¼ cents and December up ½ cent. There were another 25 deliveries against May corn futures overnight. The nearby CmdtyView national average Cash Corn price was up 5 1/4 cents at $4.42 1/2. Export Sales data from this morning...

The wheat complex is trading with mixed action on Thursday, as contracts are trying to posting some strength. Chicago SRW futures are up 1 to 3 cents. There were 80 delivery notices against May wheat overnight. Kansas City HRW contracts is mixed, with may up 7 and July down ½...

Recent joint operations between the U.S. Coast Guard and Customs and Border Protection (CBP) at the Port of New York and New Jersey have revealed significant hazardous material compliance issues,...

Grain markets have been choppy over the last several sessions as money flow and technicals push and pull price action. These are the levels to keep an eye on for today’s trade.

April was a trying month for markets across all asset classes, and commodities were no exception. Markets experienced significant volatility, and many commodity prices declined.

Wheat is showing gains to begin May, with most contracts higher. The wheat complex bounced back to close out the Wednesday session with the SRW and spring wheat contracts posting strength and HRW weaker. Chicago SRW futures were up 5 to 8 cents. There were 80 delivery notices against May...

Soybeans are slipping with fractional to 3 cent losses early on Thursday. They posted losses of 6 to 9 cents across most contracts on Wednesday. There wee 3 deliveries against May soybeans overnight. CmdtyView’s national front month Cash Bean price is down 7 1/4 cents at $9.88. Soymeal futures are...

The corn market is starting off Thursday with 2 to 4 cent gains. Corn futures settled the Wednesday session with contracts up 1 to 6 ¾ cents, as traders closed out the month with a bounce. There were another 25 deliveries against May corn futures overnight. The nearby CmdtyView national...

Denmark plans to set aside almost $1 billion to insure its merchant fleet in the event of a war or major crisis. The government proposed the new legislation as a “timely precaution,” according to a statement on Thursday. The funding would establish a state-backed war insurance plan to cover ships if commercial insurance markets collapse due to geopolitical instability.

Venezuela's oil exports fell almost 20% to some 700,000 barrels per day (bpd) in April, the lowest level in nine months, as cargo cancellations to U.S.-based producer Chevron CVX.N forced ships to return and left some ports empty, ship tracking data and documents showed.

Hapag-Lloyd has reported strong first-quarter results for 2025, with Group EBITDA increasing by 17% to US $1.1 billion compared to the same period last year. The German container shipping giant...