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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
Brady Sidwell
via
Barchart
Choppy week of fresh data ends with optimism
Markets closed Monday for President's Day
From
Bloomberg
via
gCaptain
Japan Arrest Chinese Fishing Boat Captain
Japan seized a Chinese fishing vessel and arrested its captain after the ship entered Japan's exclusive economic zone off Nagasaki and fled inspection—the first such seizure since 2022, escalating already strained relations between the two nations.
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.
From
Walsh Trading
via
Barchart
JUNE-AUG ’26 LIVE CATTLE SPREAD (LEM26-LEQ26) - WALSH PURE SPREADER
WALSH PURE SPREADER - Pure Hedge Division
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...
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...
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...
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From
Austin Schroeder
via
Barchart
Corn Falls Back Lower on Wednesday
Corn futures failed to hold above the $5 mark in December, with contracts down 1 to 5 cents across most contracts. The CmdtyView national average Cash Corn price was down 4 1/4 cents on Friday at $4.64 1/2. The average close through February for December corn futures has been $4.71....
From
Mike Schuler
via
gCaptain
Salvage Team Boards Grounded MSC Baltic III Off Newfoundland as Response Continues
Salvage teams have successfully boarded the grounded containership MSC Baltic III off Newfoundland’s coast as response efforts continue amid challenging sea conditions. The Canadian Coast Guard reports that no pollution...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Got Gas? Natural Gas on Fire - Grains and Feeders Knocked Down
From
Reuters
via
gCaptain
Exxon Unveils Large-Scale Gas Project in Oil-Dominated Guyana
By Marianna Parraga and Kemol King GEORGETOWN, Feb 19 (Reuters) – U.S. oil major Exxon Mobil plans to boost natural gas output and supply in Guyana through a large-scale project announced on Wednesday, following the government’s...
From
Don Dawson
via
Barchart
Soybean Farmers Under Pressure: Which Comes First $8 or $12 Beans?
Soybean prices are under intense pressure as the market grapples with record-high beginning stocks, signaling an oversupply issue that traders can't ignore. Strong yields have kept production levels high despite a reduced planted acreage, adding to the glut. Meanwhile, export demand remains sluggish, weighed down by shifting global trade dynamics and increased competition from other suppliers. As a result, weakening farm income is becoming a growing concern, forcing farmers and traders to make tough decisions in an increasingly bearish market. What's next for soybean prices?
From
Mike Schuler
via
gCaptain
Photos: Historic SS United States Begins Final Journey to Become World’s Largest Artificial Reef
The iconic SS United States, holder of the transatlantic speed record, has departed Philadelphia after nearly three decades at berth, embarking on its final journey to become the world’s largest...
From
Reuters
via
gCaptain
Mystery Blasts Rock Mediterranean Tankers
Three oil tankers have been damaged by blasts in the last month in separate incidents around the Mediterranean, with the causes unknown, shipping and security sources said on Wednesday.
From
Mike Schuler
via
gCaptain
World’s First Electric Ferry Marks a Decade of Operations
The MF Ampere, the world’s first fully electric ferry, is celebrating 10 years of successful operations in Norway’s Sognefjord. Designed and built by Fjellstrand Shipyard in 2015, the vessel has...
From
Jim Wyckoff
via
Barchart
Why Tight Corporate-U.S. Treasury Yield Spreads Signal Good News for Ag Markets Prices
Investors are choosing to focus on the positives of Trump’s pro-business policies instead of potential disruptions from his trade agenda.
From
Austin Schroeder
via
Barchart
Soybeans Pulling Back on Wednesday
The soybean complex is back to weaker trade on Wednesday’s midday, with contracts down 4 to 5 cents. The cmdtyView national front month Cash Bean price is 4 1/4 cents lower at $9.73. Soymeal futures are up 80 cents/ton on the day, with Soy Oil futures back down 106 points...
From
Austin Schroeder
via
Barchart
Wheat Down Double Digits at Midday
Wheat is reverting back lower on Wednesday’s midday, with losses across the board. Chicago SRW futures are trading with losses of 12 to 15 cents. KC HRW futures are trading with 14 to 15 cent losses at midday. MPLS spring wheat is slipping lower, down 8 to 9 cents. Snow...