Baltic Exchange Dry Index etc. is up to date

Overview is up-to-date

The decision by the Trump admin to withdraw from TTP (Trans Pacific Partnership) trade deal, and intentions to renegotiate NAFTA has created a major concern for US ag exporters. A trade war with your best customers (China biggest buyer of Soy / Mexico biggest buyer of corn) is historically not “that good” for business…

(The Hill)  The U.S. and Mexico are denying reports that President Donald Trump told his Mexican counterpart Enrique Peña Nieto that U.S. forces will handle the "bad hombres down there" if the Mexican authorities don't.

 

Corn CPI Adjusted

 Soy CPI Adjusted

Cheaper renewables to halt coal and oil demand growth from 2020: research

The falling cost of electric vehicle and solar technology will halt demand growth for oil and coal from 2020, according to research published on Thursday, posing a threat to fossil fuel companies unprepared for the transition. 

 Coal

 

 

 

 Oil

 

 Oil CPI adj.

Trump puts U.S. food, farm companies on edge over Mexico trade

Mexico is one of the top three markets for U.S. farm production.

Corn

While the Market trend is clearly up, the  Vix and Ratio look a bit scary.

Dow Theory is up-to-date

Ship owners should start planning for the 2020 sulphur cap, as time frame is closing rapidly says DNV GL

One the “hottest” debates in the shipping industry over the past couple of weeks has been the recent decision by the IMO, to enforce clean-fuels burning from all vessels from 2020 onwards. Can you detail us the future course of action towards the abolition of Heavy Fuel Oils?
The global 0.5% sulphur cap will be introduced in 2020, and up to 70,000 ships may be affected by the regulation according to IMO estimates.

Baltic Exchange Dry Index etc. is up to date

Baltic Exchange Dry Index etc. is up to date

QUICK OVERVIEW

• (MF) Only one-third of American adults have an IRA, and just 18% actively contribute to their account to save for retirement, according to a 2016 survey by financial-services organization TIAA.

• (Fortune) Fewer than 2% of Indians have credit cards. 

•  Société General projects a global sugar stock-to-use ratio of 19.6% in 2016/17 and 18.9% in 2017/18 

•   GMS, the world’s leading cash buyer of ships declared that the worst seem to be over for the ship recycling industry. 

•  The median home value in the U.S. is now $192,500, according to Zillow's November Real Estate Market Report, just 2 percent shy of 2007 peak. 

• Two major cities in central China have further tightened housing purchase restrictions in the latest bid to rein in rising house prices. 

• Trump/Putin agree: Let's revive the nuclear arms race… Trump and Putin fired the starting gun on a new nuclear arms race as they both vowed to launch a major expansion of their countries' arsenals. Dumbfounding nuclear experts with his “tweet” that the U.S. should "expand its nuclear capability," something no president has called for in decades…

•  Cesium-134, the so-called fingerprint of Fukushima, was measured in seawater samples from the west coast of the United States and a salmon sampled from Canada, researchers said. 

• (Reuters) Asia will post its biggest net refining capacity addition in three years in 2017, further boosting demand for crude in the world's biggest and fastest growing oil consuming region. 

•  Just when we think you’ve got it figured out...... by Peter Levine: The End of Cloud Computing..