World Perspectives

Recent Asia Analysis

FOB Prices and Freight Rate App (Updated 30 Mar.)

Ocean Freight Comments - 30 March 2023 By Jay O'Neil Commodity Consulting Dry-bulk ocean freight markets were fairly quiet and dull this week and moved mostly sideways. Vessel owners continue to look for improved cargo demand, and finding none, must settle for holding rates steady and not losin...

Interactive Ocean Freight Rates (Updated 30 Mar.)

Ocean Freight Comments - 30 March 2023 By Jay O'Neil Commodity Consulting Dry-bulk ocean freight markets were fairly quiet and dull this week and moved mostly sideways. Vessel owners continue to look for improved cargo demand, and finding none, must settle for holding rates steady and not losin...

softs

Thailand Rice Exports

Thai government official Anucha Burapachaisri said the target for rice exports has been raised to 7.5 MMT. The official cited both higher domestic production, and a rebounding global economy that has elevated the value of rice. In truth, Thai rice exports are highly correlated to production, wh...

soy-oilseeds

Dreaming of Soybeans

Like many other countries that import soybeans, South Korea is hoping to become more self-sufficient in this oilseed. However, hope runs straight into the limits of geography. Right now the country produces about 9 percent of the 1.44 MMT of soybeans it consumes. Its agricultural area of 1.698...

softs

Declining Population Impacts Consumption

According to USDA, South Korea’s government is taking steps to stop the price of rice from falling and to slow over-production. There will be payments to farmers for reducing planted area by 5.1 percent, and increased government purchases of rice at more than one-fifth of the crop. The pr...

softs

Rice not Nice

India’s rice subsidies were again a complaint today at a hearing before the Senate Agriculture Committee. India’s rice exports have increased by a fifth over the past decade with all of it being moved into the export market. New Delhi’s rice subsidies have been part of a long-...

Philippines Agriculture; Future Trade Policy

Philippines Agriculture After remittances from overseas, agriculture and fisheries are the most important industries in the Philippines. A country of 114 million people of which one-quarter are engaged in agriculture. It is such an important sector that President Ferdinand “Bongbong&rdquo...

Japan Approves New Safeguard Triggers on U.S. Beef

Last week the Upper House of Japan’s Diet approved a new beef safeguard protocol which amends the U.S.-Japan Trade Agreement (USJTA). That is the final step of approval needed for the agreement and the two countries are finalizing the implementation procedures. The protocol was negotiated...

wheat softs

Wheat Concerns in Asia

Asia has been adopting wheat as a food staple over many decades but the war In Ukraine has some worried about its supply reliability. Over the past dozen years, rice consumption has averaged a 0.86 percent annual increase while wheat consumption has been growing at twice that rate. Because clim...

Free Trade Dreaming

The U.S. Congress often accomplishes more during lame duck sessions, the period after an election and before new members are sworn in, because those retiring from office converge with moderates to accomplish fundamental needs. Senator Rob Portman (R-Ohio) is retiring, and he has such a dream. H...

livestock

Alt-Meat Conundrum

Meat substitutes appear to be having trouble in the U.S. but perhaps not in Asia. Recent headlines related to the U.S. market imply a distribution chain that is a mile wide but just an inch deep. Here are some recent headlines: JBS pulled plug on plant-based meat division Planterra Foods Burnt...

softs

No Rice Shortage

Food scarcity has been a frequent headline this year but with food inflation now dropping along with commodity prices, rice is an example of the scare that wasn’t. The monsoon was late starting in India, leading concerns that the world’s largest rice exporter would be driving up pri...

FOB Prices and Freight Rate App (Updated 30 Mar.)

Ocean Freight Comments - 30 March 2023 By Jay O'Neil Commodity Consulting Dry-bulk ocean freight markets were fairly quiet and dull this week and moved mostly sideways. Vessel owners continue to look for improved cargo demand, and finding none, must settle for holding rates steady and not losin...

Interactive Ocean Freight Rates (Updated 30 Mar.)

Ocean Freight Comments - 30 March 2023 By Jay O'Neil Commodity Consulting Dry-bulk ocean freight markets were fairly quiet and dull this week and moved mostly sideways. Vessel owners continue to look for improved cargo demand, and finding none, must settle for holding rates steady and not losin...

softs

Thailand Rice Exports

Thai government official Anucha Burapachaisri said the target for rice exports has been raised to 7.5 MMT. The official cited both higher domestic production, and a rebounding global economy that has elevated the value of rice. In truth, Thai rice exports are highly correlated to production, wh...

soy-oilseeds

Dreaming of Soybeans

Like many other countries that import soybeans, South Korea is hoping to become more self-sufficient in this oilseed. However, hope runs straight into the limits of geography. Right now the country produces about 9 percent of the 1.44 MMT of soybeans it consumes. Its agricultural area of 1.698...

softs

Declining Population Impacts Consumption

According to USDA, South Korea’s government is taking steps to stop the price of rice from falling and to slow over-production. There will be payments to farmers for reducing planted area by 5.1 percent, and increased government purchases of rice at more than one-fifth of the crop. The pr...

softs

Rice not Nice

India’s rice subsidies were again a complaint today at a hearing before the Senate Agriculture Committee. India’s rice exports have increased by a fifth over the past decade with all of it being moved into the export market. New Delhi’s rice subsidies have been part of a long-...

Philippines Agriculture; Future Trade Policy

Philippines Agriculture After remittances from overseas, agriculture and fisheries are the most important industries in the Philippines. A country of 114 million people of which one-quarter are engaged in agriculture. It is such an important sector that President Ferdinand “Bongbong&rdquo...

Japan Approves New Safeguard Triggers on U.S. Beef

Last week the Upper House of Japan’s Diet approved a new beef safeguard protocol which amends the U.S.-Japan Trade Agreement (USJTA). That is the final step of approval needed for the agreement and the two countries are finalizing the implementation procedures. The protocol was negotiated...

wheat softs

Wheat Concerns in Asia

Asia has been adopting wheat as a food staple over many decades but the war In Ukraine has some worried about its supply reliability. Over the past dozen years, rice consumption has averaged a 0.86 percent annual increase while wheat consumption has been growing at twice that rate. Because clim...

Free Trade Dreaming

The U.S. Congress often accomplishes more during lame duck sessions, the period after an election and before new members are sworn in, because those retiring from office converge with moderates to accomplish fundamental needs. Senator Rob Portman (R-Ohio) is retiring, and he has such a dream. H...

livestock

Alt-Meat Conundrum

Meat substitutes appear to be having trouble in the U.S. but perhaps not in Asia. Recent headlines related to the U.S. market imply a distribution chain that is a mile wide but just an inch deep. Here are some recent headlines: JBS pulled plug on plant-based meat division Planterra Foods Burnt...

softs

No Rice Shortage

Food scarcity has been a frequent headline this year but with food inflation now dropping along with commodity prices, rice is an example of the scare that wasn’t. The monsoon was late starting in India, leading concerns that the world’s largest rice exporter would be driving up pri...

Select Filters to Apply

  • Markets
  • Publications

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up