Barge Industry Consolidation
As predicted last year, the oversupply of barges and higher operational costs are taking a toll on barge companies and have led to American Commercial…
Despite IMO, Ocean Freight Rates to Remain Below $50 per Metric Ton
Lower barge and ocean freight rates could be beneficial to the U.S. soy industry.
Improvements to Port Milwaukee Agricultural Maritime Export Facility Will Enhance U.S. Soy’s Reliable Supply
Improvements to the Port of Milwaukee will add to U.S. Soy’s reliable supply, benefitting customers.
USDA Provides Initial 2020/21 U.S. Soybean Outlook
The U.S. Department of Agriculture (USDA) held its annual Agricultural Outlook Forum outside of Washington D.C. in late February. At the symposium, analysts and media…
Upper Mississippi River Set to Open in March
With the near record low barge rates, the barge industry is looking for some good news. The rivergage forecast for Lock and Dam 15 (Rock…
Soybean Barge Rates at Three- and Five-Year Averages
A drop in barge rates is advantageous for U.S. soybean farmers.
Panama Canal Authority Announces Permanent Freshwater Surcharges
How important is the Panama Canal to U.S. Soy? The U.S. is an agricultural surplus country dependent on exports. The Inland Mississippi River System plays…
Record U.S. Soybean Crushings to Start Off 2020
The National Oilseed Processor Association (NOPA) issued January soybean crush and stocks data on Tuesday, February 18. According to the data, NOPA member soybean processing…
Argentina Halts New Export Licenses as Higher Taxes Loom
The Argentine government temporarily froze the registration of new grain and oilseed export licenses on February 26, potentially affecting U.S. and global soy supply chains.
Brazil’s Minimum Freight Rates May be Ruled Unconstitutional
A possible truckers’ strike in Brazil could potentially affect the U.S. soy industry.