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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
Soybeans Hold Gains into Wednesday’s Close as the Market Looks to Trump/Xi Meeting
Soybeans saw modest strength on Wednesday, with contracts closing fractionally to 3 cents higher on the day. The cmdtyView national average Cash Bean price was up 3 1/4 cents at $11.64. Soymeal futures were the supportive product, up $4.40 to $10.10, with Soy Oil futures falling into the close, down...
From
Austin Schroeder
via
Barchart
Corn Close Mixed as Ethanol Production Improves
Corn futures posted mixed action at the Wednesday close, with contracts within a penny of either side of unchanged. The CmdtyView national average Cash Corn price was up a penny to $4.40. The NOAA 7-day QPF shows expected precipitation totals aof 1 to 3 inches across much of the Corn...
From
Austin Schroeder
via
Barchart
Wheat Posts Modest Correction on Wednesday
The wheat complex followed Tuesday’s limit gains with the three exchanges lower on Wednesday. Chicago SRW futures closed with contracts steady to 3 ½ cents lower. KC HRW futures were down 4 ¾ to 7 ¾ cents at the close. MPLS spring wheat was down 4 to 4 ¼ cents...
From
Mike Schuler
via
gCaptain
Davie Defense Finalizes $3.5 Billion U.S. Coast Guard Arctic Security Cutter Deal
The U.S. Coast Guard’s ambitious Arctic fleet expansion took another major step forward Wednesday as Davie Defense announced it has finalized a $3.5 billion contract to build five new Arctic...
From
Chris Swift
via
Barchart
Shootin' the Bull about a lot of exceptional factors at play
Exceptional volatility and price expanse continued today.
From
Austin Schroeder
via
Barchart
Soybeans Trading with Wednesday Gains Ahead of Trump/Xi Visit
Soybeans are posting with 4 to 7 cent gains across most contracts on Wednesday. The cmdtyView national average Cash Bean price is up 6 1/4 cents at $11.67. Soymeal futures are up $6.10 to $8.10, with Soy Oil futures 48 points lower in the July contract. President Trump landed in...
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From
Mike Schuler
via
gCaptain
UNCTAD: Hidden Trade Barriers, Not Tariffs, Are Driving Export Costs Higher
UN Trade and Development is warning that the biggest barriers to global trade are increasingly found not in tariffs, but in the technical, regulatory and certification requirements exporters must navigate...
From
Mike Schuler
via
gCaptain
Container Spot Rates Snap Back as Carriers Push Emergency Surcharges Amid Hormuz Tensions
Container spot rates rebounded this week after three consecutive weekly declines, as ocean carriers pushed through a new wave of emergency fuel and peak season surcharges tied to rising operational...
From
Mike Schuler
via
gCaptain
Hijacked Tanker Off Yemen Deepens Fears of Somali Piracy Resurgence
European naval forces have confirmed the hijacking of an oil tanker off Yemen after armed individuals reportedly boarded the vessel near Qana Port before steering it toward the Gulf of...
From
Mike Schuler
via
gCaptain
Maersk Holds 2026 Outlook as Ocean Volumes Surge Despite Rate Pressure
A.P. Moller – Maersk reported solid first-quarter 2026 results on Thursday, posting strong volume growth across all business segments despite continued pressure on container freight rates and ongoing geopolitical volatility. The...
From
Jim Wyckoff
via
Barchart
Ignore the Panic Over Falling Crude Oil Prices and Buy July SRW Wheat Here
July soft red winter wheat futures present a buying opportunity on more price strength.
From
Trent Klarenbach
via
Barchart
Soybean Market: Consolidation & Resistance Analysis
Soybean markets show strong support at the 50-week MA. We analyze this technical squeeze for Canadian ag-economists and marketers.
From
Austin Schroeder
via
Barchart
Soybeans Sliding to Thursday Morning Trade
Soybeans are trading with 2 to 5 ½ cent losses on Thursday morning. Futures closed the Wednesday session with contracts falling 10 to 16 ¾ cents. Open interest was down 8,142 contracts on Wednesday, mainly in the nearbys, with November up 4,479 contracts. There was just one delivery issued above...
From
Austin Schroeder
via
Barchart
Wheat Extending Losses to Thursday Morning
Wheat is trading with Thursday morning losses across the three markets. The wheat complex posted losses across the three markets on Wednesday. Chicago SRW futures were down 6 ¾ to 11 ¼ cents across the board on the midweek session. Open interest suggested some longs coming out, down 1,055 contracts....
From
Austin Schroeder
via
Barchart
Corn Extending Weakness to Thursday AM Trade
Corn price action is down 2 to 4 ½ cents so far on Thursday morning. Futures posted losses of 10 ½ to 12 ¾ cents in most contracts on Wednesday, with a few deferred contracts down 4 to 7 cents. Open interest suggested some longs were taking money off the...
From
Reuters
via
gCaptain
Maersk Says Energy Crunch to Persist Even If Iran Peace Deal Struck
Shipping group Maersk MAERSKb.CO beat first-quarter profit forecasts on Thursday but warned the Iran war had pushed its fuel costs up by nearly $500 million a month and that the energy crisis would persist even if a peace deal was reached.
From
Bloomberg
via
gCaptain
Dry-Bulk Shipping Rates Hit Two-Year High on Capesize Demand
A key measure of bulk-shipping rates jumped to the highest level since December 2023, driven by rising demand for Capesize vessels along with tightening supply of ships that haul bulk commodities.
From
Austin Schroeder
via
Barchart
Wheat Pares Back Losses into Wednesday’s Close
The wheat complex posted losses across the three markets on Wednesday. Chicago SRW futures were down 6 ¾ to 11 ¼ cents across the board on the midweek session. KC HRW futures pulled off the early lows with contracts closing 1 to 3 cents on the day. MPLS spring wheat...