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.

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US Refiner Valero Energy Set To Import 6.5 Million Barrels of Venezuelan Crude
News
February 14, 2026
From 
Reuters
 via 
gCaptain

US Refiner Valero Energy Set To Import 6.5 Million Barrels of Venezuelan Crude

Valero Energy is set to import up to 6.5 million barrels of Venezuelan crude in March, potentially surpassing Chevron as the top U.S. refiner of Venezuelan oil since sanctions began easing following the capture of President Maduro.
JUNE-AUG ’26 LIVE CATTLE SPREAD (LEM26-LEQ26) - WALSH PURE SPREADER
Grain
February 13, 2026
From 
Walsh Trading
 via 
Barchart

JUNE-AUG ’26 LIVE CATTLE SPREAD (LEM26-LEQ26) - WALSH PURE SPREADER

WALSH PURE SPREADER - Pure Hedge Division
Wheat Falls Lower on Friday
Grain
February 13, 2026
From 
Austin Schroeder
 via 
Barchart

Wheat Falls Lower on Friday

The wheat complex closed Friday with losses across all three markets. Chicago SRW futures were 9 to 10 cents lower, as March was still 19 cents higher this week. KC HRW futures were 10 to 12 1/2 cents in the red on Friday, though March was 11 ¼ cents higher...
Corn Heads into the Long Weekend with Fractional Gains
Grain
February 13, 2026
From 
Austin Schroeder
 via 
Barchart

Corn Heads into the Long Weekend with Fractional Gains

Corn futures posted fractional gains on Friday, as March managed to close the week with a 1 ½ cent gain. The CmdtyView national average Cash Corn price was up 3/4 cent at $3.98 1/4. The markets will be closed on Monday for President’s Day. Large managed money speculators were trimming...
Soybeans Close the Week with Weakness
Grain
February 13, 2026
From 
Austin Schroeder
 via 
Barchart

Soybeans Close the Week with Weakness

Soybeans rounded out the week with contracts down 2 to 4 ½ cents at the close, as March was 17 ¾ cents higher this week. The cmdtyView national average Cash Bean price was down 4 1/4 cents at $10.67 1/4. Soymeal futures were 70 cents to $1.30 higher on the...
Cattle Futures Consolidate into the weekend
Grain
February 13, 2026
From 
Ben DiCostanzo
 via 
Barchart

Cattle Futures Consolidate into the weekend

Cattle markets trade both sides of unchanged

The APS Information Center

For detailed updates and additional resources, explore our resources section.

What’s Driving Selling Pressure in Corn Futures Prices and Will It Continue?
Grain
February 25, 2025
From 
Darin Newsom
 via 
Barchart

What’s Driving Selling Pressure in Corn Futures Prices and Will It Continue?

Funds taking profits and investors reacting to potential tariff chaos from President Donald Trump’s administration are pressuring grain futures.
Shootin' the Bull about eroding consumer confidence.
Grain
February 25, 2025
From 
Chris Swift
 via 
Barchart

Shootin' the Bull about eroding consumer confidence.

Eroding consumer confidence could not erode the optimism of cattle feeders.
NTSB Finds Data Entry Error Led to Cargo Loss on US-Flagged Containership
Accidents
February 25, 2025
From 
Mike Schuler
 via 
gCaptain

NTSB Finds Data Entry Error Led to Cargo Loss on US-Flagged Containership

The National Transportation Safety Board (NTSB) revealed today that a simple data entry error led to the loss of 23 containers and damage to 10 others aboard the U.S-flagged containership...
Savannah’s 12.5% Growth Sets Stage for Mega Expansion
Ports
February 25, 2025
From 
Mike Schuler
 via 
gCaptain

Savannah’s 12.5% Growth Sets Stage for Mega Expansion

The Georgia Ports Authority (GPA) announced significant growth and ambitious expansion plans during its State of the Port event in Savannah today, marking a milestone year for one of America’s...
Trump Stands Firm on Tariffs for Canada and Mexico
Shipping
February 25, 2025
From 
Reuters
 via 
gCaptain

Trump Stands Firm on Tariffs for Canada and Mexico

President Donald Trump said on Monday that tariffs on Canadian and Mexican imports are "on time and on schedule" despite efforts by the countries to beef up border security and halt the flow of fentanyl into the U.S. ahead of a March 4 deadline.
Corn Losses Continue on Tuesday
Grain
February 25, 2025
From 
Austin Schroeder
 via 
Barchart

Corn Losses Continue on Tuesday

The corn market is trading 3 to 6 cents higher across most contracts at Tuesday’s midday. Crude oil futures are adding pressure with losses of $1.75/barrel. CmdtyView’s national average Cash Corn price was down 9 cents at $4.50 3/4. President Trump has stated the March 4 start date for tariffs...
Soybeans Near Steady at Midday
Grain
February 25, 2025
From 
Austin Schroeder
 via 
Barchart

Soybeans Near Steady at Midday

The soybean market has pulled off the early morning lows, with contracts up 1 ½ cents in the March and fractionally to 5 cents lower in other contracts. The cmdtyView national front month Cash Bean price is up 1 ½ cents at $9.74. Soymeal futures are up $2.20/ton on the...
Wheat Off the Lows at Midday
Grain
February 25, 2025
From 
Austin Schroeder
 via 
Barchart

Wheat Off the Lows at Midday

Wheat futures are trading with losses at Tuesday’s midday, though the market has pulled off the early session lows. Chicago SRW futures are still down 7 to 8 cents at the midday part of the session. KC HRW futures are 5 to 6 cents lower on Tuesday. MPLS spring wheat...
MSC Baltic III Grounding: Hull Breaches Confirmed, But Fuel Tanks Holding For Now
Accidents
February 25, 2025
From 
Mike Schuler
 via 
gCaptain

MSC Baltic III Grounding: Hull Breaches Confirmed, But Fuel Tanks Holding For Now

The containership MSC Baltic III remains firmly grounded on the seabed off Newfoundland’s coast following a power loss incident, with Canadian Coast Guard crews reporting no pollution despite significant hull...
Russia Steps Up Covert Cargo Transfers to Keep its Oil Moving
Shipping
February 25, 2025
From 
Bloomberg
 via 
gCaptain

Russia Steps Up Covert Cargo Transfers to Keep its Oil Moving

As Russia’s invasion of Ukraine enters its fourth year, Moscow is increasingly resorting to clandestine cargo transfers as it wrestles with sanctions and tries to keep its oil exports flowing.
Brazil Offshore Oil Hit by Regulator’s Crackdown on Drilling
Offshore
February 25, 2025
From 
Reuters
 via 
gCaptain

Brazil Offshore Oil Hit by Regulator’s Crackdown on Drilling

Brazilian regulators are cracking down on some offshore drilling by oil giants like Petrobras and Equinor ASA, complicating exploration and production projects at a key moment in the nation’s effort to boost crude output.
Is a Short-Term Trend Change in Order?
Grain
February 25, 2025
From 
Oliver Sloup
 via 
Barchart

Is a Short-Term Trend Change in Order?

Corn, soybeans, and wheat are all flirting with the 20-day moving average, with corn breaking below it for the first time since December 5th. Is a trend change in order?