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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
Jim Roemer
via
Barchart
(DOWNLOAD A FREE REPORT) - How "El Niño Neutral” is impacting corn planting and weather
Jim winds up his pitch at readers to swing for the spring/summer grain market play
From
Austin Schroeder
via
Barchart
Wheat Rallies Double Digits on Friday
Wheat bulls were trying their best to put in some sort of bottom, as futures rallied across the three exchanges on Friday. Chicago SRW futures were up 11 to 12 cents at the close on Friday, with weekly move of 2 cents lower for July. Kansas City HRW futures were...
From
Austin Schroeder
via
Barchart
Corn Closes Mixed on Friday
The corn market settled the Friday session with some bear spreading going on, as nearby contracts were down 3 to 4 cents and new crop December was up 3 cents. July was down 16 ½ cents this week. The nearby CmdtyView national average Cash Corn price was down 3 at...
From
Austin Schroeder
via
Barchart
Soybeans Post Gains to Head into the Weekend
Soybeans posted 6 to 9 cents gains across most nearby contracts on Friday, with July closing out the week with a 1 ¼ cent loss. CmdtyView’s national front month Cash Bean price was up 9 cents at $10.06 3/4. Soymeal futures posted a $2.50 to $3.70 on Friday, as July...
From
Sean Lusk
via
Barchart
Grain Spreads: Trade Wars/Deals Wheat & Soymeal
Funds Near Record Short in Meal and Wheat.
From
Chris Swift
via
Barchart
Shootin' The Bull About All Time Highs in Cattle
This week's price action ended on a positive note for bulls with June fats finishing up $3.05 and Aug feeders up $2.60. After a choppy trade this week and what looked like a lot of indecision among traders, new contract highs were made across the board today, supported by the boxed beef trade which was up 16.29 in 5 days.
From
Mike Schuler
via
gCaptain
Trump Administration Reverses Course on Biden Offshore Decommissioning Bonding Rule
The U.S. Department of the Interior announced plans to revise the Bureau of Ocean Energy Management’s (BOEM) 2024 Risk Management and Financial Assurance Rule for offshore operations, reverting to a...
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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...
From
Mike Schuler
via
gCaptain
Vessel Collision on Lower Mississippi River Leads to Sunken Barge, Temporary Closure
A collision between the Panamanian-flagged M/V ISLA DE BIOKO and the U.S.-flagged towing vessel GINNY STONE occurred Sunday night near New Orleans, resulting in a barge breakaway incident and one...
From
Bloomberg
via
gCaptain
Record U.S. Goods-Trade Deficit Implies Weaker First-Quarter GDP
By Mark Niquette (Bloomberg) — The US merchandise-trade deficit unexpectedly widened in March to a record as companies continued importing goods to get ahead of tariffs, indicating a large hit to...
From
Austin Schroeder
via
Barchart
Wheat Pressure Continues on Tuesday
The wheat complex is facing slight weakness at Tuesday’s midday, with contracts down across the three markets. Chicago SRW futures are down 4 to 7 cents. Kansas City HRW contracts are 6 to 7 cents lower in the nearbys. MPLS spring wheat is 3 to 4 cents in the red....
From
Austin Schroeder
via
Barchart
Soybeans Falling Lower on Tuesday
The soybean market is down 7 to 12 cents so far on Tuesday, with pressure coming from a drop in bean oil. CmdtyView’s national front month Cash Bean price is down 10 1/2 cents at $9.95 1/4. Soymeal futures are up $4/ton, with Soy Oil futures were back down 115...