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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
Reuters
via
gCaptain
Bahrain Pushes UN Vote to Authorize Force in Strait of Hormuz
Bahrain has put forward a draft United Nations Security Council resolution that would authorize countries to use "all necessary means" - diplomatic language for force - to protect commercial shipping in and around the Strait of Hormuz, according to a text seen by Reuters on Monday.
From
Paul Morgan
via
gCaptain
Smarter Ships: Automation, AI, and the New Strain on Seafarers
How automation, AI, and the decline of traditional watchkeeping are reshaping seafarer welfare By Paul Morgan (gCaptain) – The modern ship has never been more advanced. Engine rooms now run...
From
Austin Schroeder
via
Barchart
Wheat Falls Back on Monday
The wheat complex started the week with losses across the three markets on Monday. Chicago SRW futures were 2 ¾ to 7 ½ cents lower. KC HRW futures were fractionally to 3 cents in the red. MPLS spring wheat was mixed, with front months fractionally to a penny lower and...
From
Austin Schroeder
via
Barchart
Soybeans Sees Monday Strength
Soybeans posted gains of 2 ¼ to 7 ¼ cents in the front months on Monday. The cmdtyView national average Cash Bean price was up 3 3/4 cents at $10.90 1/4. Soymeal futures were down $1.00 to $2.00, with Soy Oil futures up 7 to 26 points. Bean oil was...
From
Austin Schroeder
via
Barchart
Corn Falls on Monday as Traders Digest the Middle East Situation
Corn futures closed the Monday session with contracts down 1 ½ to 6 cents in most contracts at the close. The CmdtyView national average Cash Corn price was down 6 cents to $4.17 3/4. Early on Monday morning, President Trump put out a Truth Social post ordering the military to...
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From
Austin Schroeder
via
Barchart
Soybeans Collapse the Limit on Monday, with Uncertainty on China
Soybeans were down 60 to the 70 cent limit on Monday across the front months. Expanded limits of $1.05 are set for Tuesday. The cmdtyView national average Cash Bean price was down 70 1/2 cents at $10.80 3/4. Soymeal futures were down $5.10 to $11.50 in the front months to...
From
Austin Schroeder
via
Barchart
Corn Falls Lower on Monday
Corn futures posted 12 to 13 1/4 cent losses in the nearbys on Monday. Pressure is coming from beans and crude oil slipping $4.49. The CmdtyView national average Cash Corn price was down 13 cents to $4.11 1/2. Monday morning’s Export Inspections report showed 1.658 MMT (65.3 mbu) of corn...
From
Mike Schuler
via
gCaptain
UN Shipping Agency Says 3,200 Ships Trapped West of Hormuz as Emergency Council Meeting Called
The International Maritime Organization (IMO) says roughly 3,200 vessels carrying around 20,000 seafarers are currently confined west of the Strait of Hormuz, highlighting the scale of disruption to global shipping as...
From
Editorial
via
gCaptain
Opinion: Hormuz Crisis Exposes the West Coast’s Self-Inflicted Fuel Risk
Managers across fuel supply-chain logistics are increasingly concerned that, unless restrictions on oil flows through the Strait of Hormuz ease quickly, physical fuel shortages could begin to appear within weeks.
From
Mike Schuler
via
gCaptain
Key NATO Member Germany Rejects Military Role in Strait of Hormuz Security Mission
Germany has ruled out participating in any military effort to secure shipping through the Strait of Hormuz, marking one of the clearest rejections yet of U.S. calls for allied naval...
From
Jim Wyckoff
via
Barchart
Corn Prices Are Trending Higher. 1 Options Trade to Make Now.
Consider buying a call option on July corn futures.
From
Jim Wyckoff
via
Barchart
Grain Prices Are Trending Higher: What Bulls Should Watch This Week
One of the next key catalysts for traders to watch will be the late-March USDA intentions report.
From
Chris Swift
via
Barchart
Shootin' the Bull about hinged on energy
Further correlation between everything, and energy, was witnessed today as all markets reversed course from Friday's trade, with energy prices softening today.
From
Austin Schroeder
via
Barchart
Soybeans Collapsing at Midday on China Uncertainty
Soybeans are collapsing on Monday, with midday losses of 50 to 61 cents in the front months as doubt is growing on additions Chinese purchases. The cmdtyView national average Cash Bean price is down 60 ¾ cents at $1.90 3/4. Soymeal futures are down $8.60 to $9.20 at midday, with...
From
Austin Schroeder
via
Barchart
Corn Facing Double Digit Losses on Monday
Corn futures are trading with 11 to 12 ¼ cent losses in the nearbys on Monday’s midday. Pressure is coming from beans and crude oil slipping $3.19. The CmdtyView national average Cash Corn price is down 12 cents to $4.11 1/2. Monday morning’s Export Inspections report showed 1.658 MMT (65.3...
From
Austin Schroeder
via
Barchart
Wheat Falling Lower on Monday
The wheat complex is trading with losses on Monday. Chicago SRW futures are trading with 11 to 12 cents so far at midday. KC HRW futures are trading with 8 to 9 cent losses on Monday. MPLS spring wheat is down 7 to 9 cents so far. Crude oil is...