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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
Sean Lusk
via
Barchart
Grain Spreads: Rinse & Repeat in Wheat
Funds short Cover, then Re-Short Once Again.
From
Chris Swift
via
Barchart
Shootin' the Bull about projected negative margins and the spreads creating them.
Backgrounders are now believed in a similar spot as cattle feeders when looking at projected margins.
From
Mike Schuler
via
gCaptain
Port of Los Angeles Volumes Fall 12% as Tariff Uncertainty Clouds Outlook
Los Angeles processed 812,000 TEUs in January, down 12% year over year, with exports hitting their lowest monthly level in nearly three years as tariff uncertainty lingers.
From
Mike Schuler
via
gCaptain
MARAD Opens Workforce Centers of Excellence Applications Amid U.S. Shipbuilding Push
The U.S. Maritime Administration (MARAD) has launched a nationwide recruitment drive for its Centers of Excellence program, opening applications for institutions seeking to train the next generation of maritime workers...
From
Austin Schroeder
via
Barchart
Wheat Losses Holding at Tuesday’s Midday
The wheat complex is showing weakness on Tuesday across all three markets. Chicago SRW futures are facing losses of 6 to 7 cents, as March is down 12 cents. KC HRW futures are down 3 to 5 cents in the front months. MPLS spring wheat is 2 to 4 cents...
From
Austin Schroeder
via
Barchart
Soybeans Popping Higher as NOPA Shows Better than Expected Crush
Soybeans are trading with contracts up 2 to 3 ¼ cents at midday. The cmdtyView national average Cash Bean price is up 3 1/2 cents at $10.71 3/4. Soymeal futures are $1.60 to $2.20 lower, with Soy Oil futures 10 to 21 points lower. NOPA stocks are an issue. NOPA...
From
Austin Schroeder
via
Barchart
Corn Posting Tuesday Losses
Corn futures are showing 4 to 6 cent losses across the front months on Tuesday’s midday. The CmdtyView national average Cash Corn price is down 4 1/2 cents at $3.94 3/4. USDA’s FGIS tallied corn export shipments at 1.492 MMT (58.75 mbu) during the week ending on February 12. That...
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For detailed updates and additional resources, explore our resources section.
From
Austin Schroeder
via
Barchart
Corn Pulls Back Despite Positive Export Sales Data
The corn market posted Friday weakness of 3 to 4 cent, as March was still up 2 ¼ cents on the week. The national average Cash Corn price from cmdtyView was down 3 1/4 cents at $4.51 1/4. Commitment of Traders data from CFTC showed managed money spec funds in...
From
Malte Humpert
via
gCaptain
Russia’s Zvezda Shipyard Delivers First Arctic Oil Tanker After 3-Year Delay, But Vessel Already Sanctioned by US
After years of trying to construct Arctic-capable oil and LNG tankers within Russia, the Zvezda shipyard in the Far East has, for the first time, succeeded in delivering a vessel....
From
Chris Swift
via
Barchart
Shootin' the Bull about Covid's long lasting impacts
In my opinion, the cattle market is attempting to ration the number of producers and processing capabilities for the amount of inventory available.
From
Sean Lusk
via
Barchart
Grain Spreads: Tax Pressure in the Soy Complex
Outside Influences Pressure the Grains
From
Austin Schroeder
via
Barchart
Wheat Falling as Export Sales Data Comes in Weak
The wheat market is posting losses on Friday’s midday, as weaker export sales day resumed in Friday’s report. Chicago SRW futures are down 11 to 12 cents in the nearbys at midday. KC HRW futures are down 14 to 15 cents in the front months, with MPLS spring wheat 10...
From
Austin Schroeder
via
Barchart
Corn Pulling Back Despite Positive Export Sales Data
The corn market is trading with Friday midday losses of 3 to 4 cents across the front months, despite a USDA’s Export Sales report. The national average Cash Corn price from cmdtyView is down 3 1/2 cents at $4.51. Export Sales for 2024/25 corn totaled 1.66 MMT in the week...
From
Austin Schroeder
via
Barchart
Soybeans Falling Double Digits with Meal Losses
Soybeans are posting 6 to 10 ½ cent losses far on Friday’s midday. CmdtyView’s national front month Cash Bean price is down 10 1/2 cents at $9.94 ¼. Soymeal futures are down $11.30/ton so far at midday. Soy Oil futures are up 7 points. Weekly Export Sales data was a...
From
Bloomberg
via
gCaptain
Trump’s Return to OPEC Politics Muddies Oil Talks Next Month
By Grant Smith and Salma El Wardany Jan 24, 2025 (Bloomberg) –US President Donald Trump has raised the stakes for a meeting of an OPEC+ ministerial panel next month, with his...
From
Reuters
via
gCaptain
Vessels Report Radio Challenges in Northern Gulf Amid Iranian Exercise
Vessels in the northern Gulf have received multiple VHF radio challenges, including demands to alter course, the United Kingdom Maritime Trade Operations said on Friday, adding they could be part of an Iranian military exercise.
From
Reuters
via
gCaptain
Russia Says it Does Not Threaten Undersea Cables After UK Raises Alarm
LONDON, Jan 24 (Reuters) – The Russian Embassy in London said that Russia posed no threat to undersea cables in Britain and other NATO countries, after UK defence minister John Healey accused Moscow of “malign...
From
Mike Schuler
via
gCaptain
Report: U.S. Vessel Approached by Military Craft in Persian Gulf Amid Iranian Naval Exercises
A U.S.-flagged cargo ship was reportedly targeted by a small military craft in the Persian Gulf on January 24, amid ongoing Iranian naval exercises in the region. The incident, which...
From
Mike Schuler
via
gCaptain
LNG’s Banner Year: Record Surge in LNG-Fueled Ships Marks 2024 as a Turning Point
The maritime industry’s transition to cleaner fuels reached a significant milestone in 2024, with the adoption of LNG-fueled vessels experiencing unprecedented growth. According to SEA-LNG’s annual ‘View from the Bridge’...