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3. MARKET TRENDS & DRIVERS
Expanding Sea-Borne Trade Worldwide Boosts Demand for Cargo Shipping
World Seaborne Trade: Total Volume of Goods Loaded in Billion Tons for the Years 2010, 2012, 2014, 2016 and 2018
Seaborne Trade Outlook: Projected Seaborne Trade Volume in Million Tons for the Years 2020, 2025, 2030 and 2035
Seaborne Trade Outlook: Projected Seaborne Trade Volume in Million Tonnes by type of Cargo for the Years 2020, 2025, 2030 and 2035
Global Sea Trade: Annual Growth of Sea Trade Volume on Tonnes-Basis and Tonne-Miles Basis for the Years 2010, 2012, 2014, 2016 and 2018
Seaborne Trade of Developing Economies: Percentage of World Tonnage by Goods Loaded and Goods Unloaded for the Years 2010, 2012, 2014, 2016 and 2018
Soybean Exports Booming
Shellady “ .”
Chicago Soft Red Winter Wheat prices for March closed the day up 3 ¼, to finish at 599 ¾. March. Corn up ¾, to close at 424 ¾. Kansas City Hard Red Winter Wheat prices for March. were up 3 ¾, to settle at 566.
Portland prices for Ordinary Club Wheat was Unch, ranging from 6-40 to 6-75. Portland Hard Red Winter Wheat with 11 ½ percent Protein, for March were up 3 ¾, ranging from 7-11 to 7-31. Soft white wheat of Ordinary Protein for March saw a mixed market, up 17 and dn 5, ranging from 6-50 to 6-70. DNS wheat with 14 % protein, prices for March were up 12 - 2, ranging from 6-84 ½ to 6-94 ½.
number since 2014. americans are spending more. businesses are investing more. the trump tax cuts and massive deregulation having a positive impact. these numbers are very, very sustainable. this isn t a one-time shot. i happen to think we re going to do extraordinarily well in our next report next quarter. i think it s going to be outstanding. reporter: but take a closer look at today s numbers and you see shadows. exports are way up, but that s partly because businesses and farmers raced to sell their goods and crops before china imposed tariffs in trump s trade war. soybean exports, for example, soared more than 50%. farmers like john kiefner in illinois, now worried about what comes next. i have to try to make do with less expenses. i want to save as much money as possible because i m unsure about the future. reporter: so despite today s rosy news, for many, it s still an uncertain economy. all right. so let s get to terry moran live at the white house again tonight, and
you can see that is nice rebound from what was a disappointing first quarter this year of only 2%. that s from recent quarters here. and again four times during the obama administration, and so you saw 4% or higher. but this is definitely an improvement over recent quarters. here s what the impromvement is from. personal spending. exports are up, specifically pointing out soybean exports. because you saw customers rushing ahead to secure orders before retaliatory tariffs, before there was going to be so can you say the president s gambit on tarifficize working at the moment? his gambit is one of the reasons why you saw this russia head. also the tax cuts were in here, that s an important part of this. the tax cuts are appealing to the economy. that could fade later in the year, so a lot of economists are