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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
Walsh Trading
via
Barchart
Walsh Corn & Soybean Opportunities - Pure Hedge Division
Low Cost Options, With Limited Risk
From
John Konrad
via
gCaptain
Trump Unveils White House Maritime Action Plan to Restore U.S. Seapower
America builds under 1% of commercial ships. The White House Maritime Action Plan bets on vessel fees, a trust fund, and zones, but Congress is the clock.By Captain John Konrad...
From
Chris Swift
via
Barchart
Shootin' the Bull about money
A common thread this week has been money. How much is needed, and how much more will be needed, continues to be discussed amongst producers and lenders.
From
Jim Wyckoff
via
Barchart
Bet on Continued Upside in Wheat Prices Now with This 1 Trade Idea
May soft red winter wheat futures present a buying opportunity on more price strength.
From
Austin Schroeder
via
Barchart
Corn Steady at Midday
Corn futures are showing steady to fractionally higher trade on Friday. The CmdtyView national average Cash Corn price is up 1/2 cent at $3.98. The markets will be closed on Monday for President’s Day. Export Sales data from Thursday now has corn commitments of shipped and unshipped sales at 60.805...
From
Austin Schroeder
via
Barchart
Wheat Falling Lower on Friday
The wheat complex posted gains across all three exchanges on Thursday. Chicago SRW futures are 5 to 9 cents lower. KC HRW futures are 10 to 12 cents in the red in the front months. MPLS spring wheat is down 6 to 7 cents at midday. The markets will be...
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From
Bloomberg
via
gCaptain
Tariff ‘Earthquake’ Sends Shipping Executives Into Crisis Mode
Global shipping executives gathered this week in Long Beach, California, for a major annual conference, expecting to discuss market trends and supply chain challenges.
From
Reuters
via
gCaptain
Trump Hails ‘Reclaiming’ of Panama Canal After BlackRock-led Group’s Deal to Buy Stake
U.S. President Donald Trump has hailed a deal led by U.S. firm BlackRock to buy most of the $22.8 billion ports business of Hong Kong conglomerate CK Hutchison which includes assets along the Panama Canal.
From
Mike Schuler
via
gCaptain
Trump Orders New White House Shipbuilding Office Amid Rising China Maritime Dominance
President Donald Trump announced the creation of a new White House office of shipbuilding and tax incentives for domestic shipbuilders during his joint address to Congress. “I am announcing tonight...
From
Austin Schroeder
via
Barchart
Wheat Posts Double Digit Losses on Tuesday
The wheat complex closed Tuesday with losses across the three markets. Chicago SRW futures were 11 to 13 1/2 cents lower on the day. KC HRW futures were down 13 to 14 cents across the front months. MPLS spring wheat posted 11 to 18 cent losses led by in delivery...
From
Austin Schroeder
via
Barchart
Soybeans Falls Lower on Tuesday with Chinese Tariffs
The soybean market was pressured by China’s retaliatory action against additional US tariffs overnight. Contracts closed with losses of 12 to 15 cents across most front months. The cmdtyView national front month Cash Bean price was down 11 3/4 cents at $9.33. Soymeal futures were down $4.20/ton at the Tuesday...
From
Austin Schroeder
via
Barchart
Corn Faces Tariff Pressure on Tuesday
Corn futures closed out the Tuesday session with contracts down 4 to 5 cents in most contracts. Pressure from tariffs continued to weigh on the market as longs were busy exiting. CmdtyView’s national average Cash Corn price was down 5 cents at $4.10 1/4. President Trump followed through with the...
From
Bloomberg
via
gCaptain
MSC Boss: US Fees on Chinese-Built Ships Will Hit Consumers, Smaller Ports
The head of the world’s biggest ocean carrier warned that proposed US fees on Chinese-built ships and the companies that own them could raise container rates by 25% if imposed.
From
Mike Schuler
via
gCaptain
Navy Shipbuilding Crisis: GAO Finds Billions Spent Without Strategy as Fleet Goals Remain Unmet
The U.S. Navy continues to fall short of its fleet expansion goals despite investing billions in private shipbuilding and repair companies, according to a new Government Accountability Office (GAO) report....
From
Chris Swift
via
Barchart
Shootin' the Bull about volatility
When the volatility soars, it is nice to watch and not have to participate. At this juncture, time is what is needed.
From
Mike Schuler
via
gCaptain
CK Hutchison to Sell Panama Port Assets at Center of Geopolitical Storm
A BlackRock-led consortium has reached “in principle” agreements to acquire port assets owned by CK Hutchison Holdings Limited at the Panama Canal. The deal, valued at $22.8 billion, includes port...
From
Mike Schuler
via
gCaptain
World’s Largest Iceberg A23a Runs Aground Near South Georgia Island
The world’s largest and oldest iceberg, A23a, has run aground near South Georgia Island in the sub-Antarctic, according to confirmation from the British Antarctic Survey (BAS). This trillion-tonne ice giant,...