Ship Owners trading into the perfect shipping season....FREE shipping capacity should be inceasing 300 percent this month.
EPA released the new proposal for advanced biofuels implying a corn ethanol mandate range of 12.7 billion to 13.2 billion gallons.
Based on the 14.4 billion gallons market expectations, the new range proposal will remove between [-10,9 and -15.42] millions metric tons of Corn demand for 2014.
Nitrogen industry? It sounds that if North American Nitrogen is pricing below break-even costs in the short-term but they can still import cheaply from abroad and Chinese Urea is a nice back-haul trade for USGC grain exports this winter.