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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
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Opportunity is Knocking - Answer the Door
From
Austin Schroeder
via
Barchart
Wheat Closes Tuesday with Losses
The wheat complex posted weakness on Tuesday across all three markets. Chicago SRW futures were down 6 to 7 cents, as March was slipped 11 cents. KC HRW futures were 3 to 4 cents in the red at the close. MPLS spring wheat was down 3 to 4 cents lower...
From
Austin Schroeder
via
Barchart
Soybeans Holds onto Gains on Tuesday
Soybeans rounded out the Tuesday session with contracts fractionally to 1 ¼ cents higher. The cmdtyView national average Cash Bean price was up 1 1/4 cents at $10.68 1/2. Soymeal futures were a dime to $3.40 lower in the front months, with Soy Oil futures 21 to 44 points higher....
From
Austin Schroeder
via
Barchart
Corn Falls Lower on Tuesday
Corn futures closed Tuesday with contracts falling 5 to 6 ¼ cents. The CmdtyView national average Cash Corn price was down 5 1/4 cents at $3.93. USDA’s FGIS tallied corn export shipments at 1.492 MMT (58.75 mbu) during the week ending on February 12. That was 7.31% below the week...
From
Mike Schuler
via
gCaptain
Salvage Crews Remove Fuel From Grounded Barge Near San Juan Harbor
Salvage crews have removed roughly 1,000 gallons of residual fuel from the grounded barge Defiant near the entrance to San Juan Harbor, significantly reducing environmental risk as officials prepare a plan to refloat the 265-foot vessel. The port remains open, and no pollution or injuries have been reported.
From
Mike Schuler
via
gCaptain
Hapag-Lloyd’s $4.2 Billion ZIM Acquisition Reshapes Global Container Shipping Map
Hapag-Lloyd has agreed to acquire ZIM Integrated Shipping Services for $4.2 billion in a deal that would cement its position among the world’s top five container carriers, expand its Transpacific footprint, and add significant LNG-powered capacity to its fleet.
From
Sean Lusk
via
Barchart
Grain Spreads: Rinse & Repeat in Wheat
Funds short Cover, then Re-Short Once Again.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Bloomberg
via
gCaptain
Turkey Bets on New Naval Clout for Edge in High-Seas Power Play
When Turkey’s navy welcomed two new ships to its fleet this month, officials left no doubt about the scale of their mission – or its geopolitical ambition.
From
Reuters
via
gCaptain
EXCLUSIVE-Japan’s JERA Plans to Expand US LNG Purchases to Diversify Energy Supply
Japan's biggest top LNG buyer, JERA, plans to increase its purchases of liquefied natural gas from the United States to diversify its supply and meet demand growth spurred by data centers and AI, a senior executive told Reuters.
From
Mike Schuler
via
gCaptain
Port of Los Angeles Hits Second-Best Year in 2024
The Port of Los Angeles processed over 10.3 million container units in 2024, marking a nearly 20% increase from the previous year and securing its position as the second-best performance...
From
Darren Carlat
via
Barchart
Corn, Soybeans, and Gas Oil are at or very near their highest carry yield for the past 52 weeks
Corn broke through the downward trendline in early November and has been grinding higher ever since. Even though Corn has broken out, there is a disconnect between the current market price and the greatly elevated carry yield.
From
Ben DiCostanzo
via
Barchart
Cattle Markets Make New all-time Highs
Cattle markets remain strong, rally to new highs
From
Austin Schroeder
via
Barchart
Wheat Closes Mixed on Thursday
Wheat futures closed out the Thursday session mixed with the hard wheats falling lower. Chicago SRW futures came back to steady/fractionally higher trade at the close. KC HRW futures were down 4 to 5 cents in the front months, with MPLS spring wheat 1 to 2 cents lower. Export Sales...
From
Austin Schroeder
via
Barchart
Soybeans Rebounds on Wednesday
Soybeans posted 6 to 10 cent gains across the nearbys on Thursday, bouncing back from the Wednesday losses. CmdtyView’s national front month Cash Bean price was down 9 1/2 cents at $10.05 ¾. Soymeal futures were mixed, down 50 cents in the nearbys and up 10 to 50 cents in...
From
Austin Schroeder
via
Barchart
Corn Holds onto Thursday Rally
Corn futures posted gains across the board on Thursday, as new crop kept up the pace with old crop and contracts 4 to 6 cents higher. The national average Cash Corn price from cmdtyView is up 5 1/4 cents at $4.55 1/2. Weekly EIA production totaled 1.099 million bpd in...
From
Oliver Sloup
via
Barchart
Ag Markets Continue to March Higher in Thursday’s Trade
Grain markets looked weaker in the early morning session, but buyers stepped in and pushed corn and soybeans to new highs for the move. More upside to come, or time for a healthy correction?
From
Alan Brugler
via
Barchart
Wheat Futures Still Mixed on Thursday, Diffferent Spreads
Wheat futures are mixed at midday, with Chicago SRW futures moving back into plus territory while the hard wheat contracts are down about 3 cents for the KC HRW and 1-2 for the MPLS spring wheat. The next 7 days are expected to be drier across much of the Southern...
From
Alan Brugler
via
Barchart
Corn Bulls Still in Control During Thursday Session
Corn futures are 5 to 8 cents higher ahead of the noon hour in Chicago. Preliminary open interest was up 15,115 contracts on Wednesday. The national average Cash Corn price from cmdtyView was down 5 3/4 cents at $4.49 1/4. EIA weekly ethanol production was released a day late due...
From
Alan Brugler
via
Barchart
Soybeans Higher in Thursday Midday Trading
Soybeans are trading 11 to 14 cents higher in the Chicago futures market at midday on Thursday. They closed the Wednesday session with contracts down 9 to 12 cents in the nearbys and November just 3 cents lower. Preliminary soybean open interest was down 4,827 contracts, with a bulk in...