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Shipping Industry News
Agri Port is your go-to source for the latest local and global industry news relevant to the shipping and grain vessel loading industry. Stay up-to-date with current events, new regulations, best practices, and essential industry updates that impact your operations.
From
Austin Schroeder
via
Barchart
Wheat Popping on Thursday Morning
Wheat is showing gains to begin May, with most contracts higher. The wheat complex bounced back to close out the Wednesday session with the SRW and spring wheat contracts posting strength and HRW weaker. Chicago SRW futures were up 5 to 8 cents. There were 80 delivery notices against May...
From
Austin Schroeder
via
Barchart
Soybeans Fall Lower on Wednesday
Soybeans are slipping with fractional to 3 cent losses early on Thursday. They posted losses of 6 to 9 cents across most contracts on Wednesday. There wee 3 deliveries against May soybeans overnight. CmdtyView’s national front month Cash Bean price is down 7 1/4 cents at $9.88. Soymeal futures are...
From
Austin Schroeder
via
Barchart
Corn Higher Ahead of Export Sales Release
The corn market is starting off Thursday with 2 to 4 cent gains. Corn futures settled the Wednesday session with contracts up 1 to 6 ¾ cents, as traders closed out the month with a bounce. There were another 25 deliveries against May corn futures overnight. The nearby CmdtyView national...
From
Mike Schuler
via
gCaptain
Hapag-Lloyd and ONE Post Gains, But Caution Clouds 2025 Outlook
Hapag-Lloyd has reported strong first-quarter results for 2025, with Group EBITDA increasing by 17% to US $1.1 billion compared to the same period last year. The German container shipping giant...
From
Mike Schuler
via
gCaptain
SHIPS Act 2.0: What’s New in the 2025 Push to Revive U.S. Maritime Power
The SHIPS for America Act is back—and this time, it’s bigger, broader, and backed by a second companion bill aimed squarely at tax reform. Introduced today by Senators Mark Kelly...
From
Austin Schroeder
via
Barchart
Corn Pops Back Higher on Wednesday
Corn Pops Back Higher on Wednesday Corn futures settled the Wednesday session with contracts up 1 to 6 ¾ cents, as traders closed out the month with a bounce. The nearby CmdtyView national average Cash Corn price was up 5 1/4 cents at $4.42 1/2. USDA reported a private export...
From
Austin Schroeder
via
Barchart
Soybeans Fall Lower on Wednesday
Soybeans posted losses of 6 to 9 cents across most contracts on Wednesday. CmdtyView’s national front month Cash Bean price is down 7 1/4 cents at $9.88. Soymeal futures are back down 20 to 80 cents/ton, with Soy Oil futures were falling back another 27 to 58 points. There is...
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From
Mike Schuler
via
gCaptain
OOCL Orders 14 Methanol-Fueled Container Vessels in Major Fleet Expansion
Orient Overseas (International) Limited (OOCL) has signed contracts for the construction of fourteen new containerships equipped with methanol dual-fuel engines, marking a significant step in the company’s fleet expansion. The...
From
Walsh Trading
via
Barchart
Soybean -- The protein that the world wants
The soybean oil market experienced vigorous selling today, April 29. Some say it is the result of the EPA's failure to provide direction after approving summer E-15 ethanol sales. Soybean meal closed higher but the soybean oil selling forced soybeans to go lower even in the face of a morning...
From
Reuters
via
gCaptain
North Korea Fires First Missile from New Warship
North Korea earlier this week conducted the first test-firing of the weapons system of the new "Choe Hyon-class" warship it recently unveiled, state media KCNA reported on Wednesday.
From
Austin Schroeder
via
Barchart
Soybeans Weaker on Tuesday
The soybean market closed with Tuesday losses of 9 to 11 cents. CmdtyView’s national front month Cash Bean price is down 10 1/2 cents at $9.95 1/4. Soymeal futures were up 70 cents to $3.50/ton, with Soy Oil futures were back down 94 to 113 points. A private export sale...
From
Austin Schroeder
via
Barchart
Wheat Slide Continues
The wheat complex was under continued pressure on Tuesday, with losses across the three markets. Chicago SRW futures were down 5 to 10 cents on Tuesday. Kansas City HRW contracts were 8 to 9 cents lower in the nearbys. MPLS spring wheat posted 3 to 5 cent losses at the...
From
Austin Schroeder
via
Barchart
Corn Collapses on Tuesday
Corn futures fell lower on Tuesday, with front months 13 to 15 cents in the red and new crop December down just 5 ¾ cents. The nearby CmdtyView national average Cash Corn price was down 13 1/4 cents at $4.36 1/4. USDA reported a private export sale of 120,000 MT...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Beware of a 10% Pullback in the Cattle Markets - Buying Opportunity in the Grains
From
Chris Swift
via
Barchart
Shootin' The Bull about New Highs in Cattle and Grains Riding The Struggle Bus
New highs were made in all contract months in the fat market today. The June contract is still under where April is going of the board by $6 and early-week cash trade is starting with 220 being passed on in Nebraska.
From
Mike Schuler
via
gCaptain
USCGC Calhoun Makes Major Cocaine Seizure in Atlantic Ocean
The U.S. Coast Guard’s newest Legend-class national security cutter, USCGC Calhoun (WMSL 759), has seized approximately 10,000 pounds of cocaine valued at $74 million during operations in the Atlantic Ocean....
From
Mike Schuler
via
gCaptain
Design Flaw Leads to $3 Million Fire on Tennessee River Towing Vessel
A catastrophic engine failure aboard the towing vessel Johnny M led to a serious fire that caused $3 million in damage, highlighting critical safety vulnerabilities in marine fire protection systems....
From
Mike Schuler
via
gCaptain
Woodside Approves $17.5 Billion Louisiana LNG Export Project
Woodside Energy Group has announced a final investment decision (FID) for its massive $17.5 billion Louisiana LNG production and export facility in Calcasieu Parish. The project, which represents the largest...