World Perspectives

Interactive Ocean Freight Rates (Updated 16 August)

Ocean Freight Insights and Comments - 15 August 2019 By Jay O'Neil Commodity Consulting   Dry-bulk markets found a bottom this week and bounced off it. From a technical point of view, you would say that things gapped higher. Now, the market is wondering if this is a true turn around or if things will get toppy after the big one-week rally. Vessel owners, however, have been given reason to get bullish again and are holding out for better values. The market will have to see if rates can hold, or move further upward, heading into the coming week.    Update for 14 August 2019:  New routes added!!  Australia to China Australia to Japan Australia to Saudi Arabia Also, indications for vessel size have been in...

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Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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