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...
The APS Information Center
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From
Austin Schroeder
via
Barchart
Corn Facing Tuesday Pressure
The corn market is falling on Tuesday, with contracts anywhere from 5 to 13 cents in the red, led by the front months. The nearby CmdtyView national average Cash Corn price is down 12 1/2 cents at $4.37. USDA reported a private export sale of 120,000 MT of corn to...

From
Mike Schuler
via
gCaptain
Port of Los Angeles Boss Sees Dramatic Drop in Cargo Volumes
The Port of Los Angeles is projecting a significant decline in cargo volumes, with inbound shipments expected to drop 35% next week compared to last year as major American retailers...

From
Oliver Sloup
via
Barchart
Grain Markets Mixed After a Choppy Start to the Week
Grain markets opened the week on softer ground but stabilized some through Monday’s trade. That choppy trade has led to mixed markets Tuesday morning.

From
Reuters
via
gCaptain
Maersk Says It Has Maintained All Trans-Pacific Sailings Despite Tariff, Trade Uncertainty
Maersk MAERSKb.CO said on Tuesday it had maintained all its scheduled trans-Pacific sailings to date, albeit downsizing some vessels, despite the uncertainty caused by U.S. import tariffs and the trade war between the United States and China.

From
Austin Schroeder
via
Barchart
Wheat Buying the Fact Early on Tuesday Following Rating Improvement
Wheat futures are trading with early Tuesday gains in ‘buy the fact’ action following the ‘sell the (improved ratings) rumor’ action on Monday. The wheat complex fell lower across the three markets on Monday, as futures never recovered from sharp overnight losses. Chicago SRW futures were down 13 to 15...

From
Austin Schroeder
via
Barchart
Soybeans Close Monday with Mixed Action
Soybeans are facing Tuesday morning losses of 4 to 6 cents. The soybean market posted 2 to 4 cent gains in the nearby contracts on Monday, with new crop down ¼ cent on the day. Preliminary open interest was down 24,512 contracts on Monday, with May down 32,666 contracts and...

From
Austin Schroeder
via
Barchart
Corn Leaking Lower Early on Tuesday
The corn market is showing fractional to 2 cent losses across most contracts on Tuesday morning. Corn futures failed to get back above 0 by the close, as contracts were down 2 to 6 cents across most contracts on Monday weakness. Preliminary open interest was down 34,144 contracts on Monday,...

From
Malte Humpert
via
gCaptain
Zombie Ships Are Fast Becoming a Feature of Venezuelan Oil Trade
On Good Friday, an aging supertanker fully laden with oil and calling itself Varada arrived in the waters to the east of Malaysia after a two-month voyage from Venezuela.

From
Mike Schuler
via
gCaptain
F/A-18 Super Hornet Lost Overboard in Red Sea
The USS Harry S. Truman (CVN 75) Carrier Strike Group reported the loss of an F/A-18E Super Hornet and tow tractor during a routine operation in the Red Sea on...

From
Austin Schroeder
via
Barchart
Corn Holds onto Losses into the Monday Close
Corn futures failed to get back above 0 by the close, as contracts were down 2 to 6 cents across most contracts on Monday weakness. The nearby CmdtyView national average Cash Corn price was down 2 1/4 cents at $4.49 1/2. Spillover pressure came from the wheat market. Weekly Export...

From
Austin Schroeder
via
Barchart
Wheat Falls Lower to Begin the Week, as Crop Ratings Improve
The wheat complex fell lower across the three markets on Monday, as futures never recovered from sharp overnight losses. Chicago SRW futures were down 13 to 15 cents. Kansas City HRW contracts were 11 to 14 cents lower on Monday. MPLS spring wheat was 8 to 10 cents in the...

From
Austin Schroeder
via
Barchart
Soybeans Close Monday with Mixed Action
The soybean market posted 2 to 4 cent gains in the nearby contracts on Monday, with new crop down ¼ cent on the day. CmdtyView’s national front month Cash Bean price as up 2 3/4 cents at $10.06 3/4. Soymeal futures were down $2.50 to $3/ton, with Soy Oil futures...