.svg){kind=icon}
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
Bloomberg
via
gCaptain
Iran Imposes $2M ‘Toll’ on Ships Transiting Strait of Hormuz
By Salma El Wardany, Fiona MacDonald, Ben Bartenstein and Samy Adghirni (Bloomberg) — Iran has started charging transit fees on some commercial vessels passing through the Strait of Hormuz, another...
From
The Loadstar
via
gCaptain
Regulators Push Back on Shipping Surcharges as Hormuz Disruption Ripples Globally
Indian shipping regulators and related authorities seem to be keeping a close watch on ongoing supply chain dynamics for export trades as ocean carriers arguably tend to profiteer from capacity disruption, especially in a larger crisis situation.
From
Oliver Sloup
via
Barchart
Mixed Markets to Start Tuesday's Trade
Grain markets stabilize following a whacky Monday trade. These are the levels to watch.
From
Austin Schroeder
via
Barchart
Corn Getting an Early Turnaround Tuesday Bounce
Corn price action is up 2 to 3 cents so far on Tuesday morning. Futures closed the Monday session with contracts down 1 ½ to 6 cents in most contracts at the close. Pressure was from a President Trump post ordering the Department of War to postpone some military strikes...
From
Austin Schroeder
via
Barchart
Wheat Showing Marginal Gains on Tuesday Morning
Wheat is showing slight strength on Tuesday morning. 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. Open interest was down 1,680 contracts on Monday. KC HRW futures were fractionally to 3 cents in...
From
Austin Schroeder
via
Barchart
Soybeans Slipping Early on Tuesday
Soybeans are trading with 4 to 6 cent losses so far on Tuesday. Futures posted gains of 2 ¼ to 7 ¼ cents in the front months on Monday. Open interest suggested very light short covering, down 1,630 contracts. The cmdtyView national average Cash Bean price was up 3 3/4...
From
Darin Newsom
via
Barchart
What's the Connection Between the US War on Iran, Fuel, Fertilizer, and Food Prices? (Part 2)
Though global markets can be independent of each other, there are connections running throughout the commodity complex.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Austin Schroeder
via
Barchart
Wheat Closes with Higher Trade on Wednesday
The wheat complex saw higher trade on Wednesday. Chicago SRW futures were 3 to 4 cents in the green on Wednesday. KC HRW futures were up 4 to 5 cents in the front months. MPLS spring wheat was up 3 cents in the front months on Wednesday. The next 7...
From
Austin Schroeder
via
Barchart
Soybeans Post Double Digit Gains on Wednesday
Soybeans saw gains of 12 to 14 cents in the front months on Wednesday. The cmdtyView national average Cash Bean price was up 12 cents at $11.39 1/4. Soymeal futures were up 10 to 90 cents, with Soy Oil futures 122 to 175 points higher. There were 200 deliveries issued...
From
Austin Schroeder
via
Barchart
Corn Rallies Back on Wednesday
Corn futures closed with 8 to 9 cent gains in the front months on Wednesday The CmdtyView national average Cash Corn price was up 8 cents to $4.17 ¾. Crude oil was back up another $5.44 on Wednesday, adding some premium pack in as the Iran situation continues to unfold...
From
Reuters
via
gCaptain
Explosive Sea Drones Emerge as New Threat to Tankers in Gulf Attacks
Naval drones have been used in at least two attacks on oil tankers in the Gulf region since war erupted between the U.S., Israel and Iran, according to maritime authorities and analysts, demonstrating a dangerous new threat in the key shipping lane.
From
Chris Swift
via
Barchart
Shootin' the Bull about input costs and not knowing what to expect next
Energy, feed, and the price of money have all increased significantly in a very short period of time, unexpectedly, and may or may not recede anytime soon.
From
Mike Schuler
via
gCaptain
Photos from Lifeboat Show Human Cost of Hormuz Crisis
Newly surfaced photos taken by a rescued crew member from the Thai-flagged bulk carrier Mayuree Naree offer a stark reminder of the growing dangers facing commercial mariners in the Strait of Hormuz as the conflict involving Iran escalates.
From
Jim Roemer
via
Barchart
War is now a Commodity with an Uncertain Future
Tighten Your Seatbelts: It's Going to be a Bumpy Ride
From
Mike Schuler
via
gCaptain
U.S. Taps Chubb to Lead Trump’s $20B Insurance Plan for Hormuz Shipping
Washington’s effort to restore commercial shipping through the Strait of Hormuz took a key step forward Wednesday after the U.S. International Development Finance Corporation announced that Chubb Limited will serve as the lead insurance partner for...
From
Reuters
via
gCaptain
Iran Warns World to Brace for $200 Oil
Iran said the world should be ready for oil at $200 a barrel as its forces hit merchant ships on Wednesday and the International Energy Agency recommended a massive release of strategic reserves to dampen one of the worst oil shocks since the 1970s.
From
Austin Schroeder
via
Barchart
Wheat Posting Wednesday Midday Gains
The wheat complex saw is back to higher trade on Wednesday. Chicago SRW futures are 2 to 3 cents in the green so far on Wednesday. KC HRW futures are up 4 to 5 cents in the front months at midday. MPLS spring wheat are up 5 to 6 cents...
From
Austin Schroeder
via
Barchart
Soybeans Rallying on Wednesday
Soybeans are trading with double digit gains at midday, with contracts up 14 to 17 cents. The cmdtyView national average Cash Bean price is up 15 1/4 cents at $11.42 1/4. Soymeal futures are up 80 cents to $1.10, with Soy Oil futures 197 to 261 points higher. There were...