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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
Austin Schroeder
via
Barchart
Wheat Rallies on Wednesday
The wheat complex was in bounce back mode on Wednesday, with gains across all three markets.. Chicago SRW futures were up 9 to 10 cents at the close. KC HRW futures led the bull’s charge, with contracts up 11 to 12 ¼ cents in the nearbys. MPLS spring wheat saw...
From
Austin Schroeder
via
Barchart
Corn Firms into the Wednesday Close
Corn futures managed to hold onto some strength on Wednesday, as contracts closed fractionally to a penny higher. The CmdtyView national average Cash Corn price was up ½ cent to $3.94 1/2. USDA's armchair estimate for the US corn balance sheet will be released at Thursday’s Ag Outlook Forum. Ahead...
From
Austin Schroeder
via
Barchart
Soybeans Drift into the Wednesday Close
Soybeans failed to hold the early Wednesday strength, as contracts closed fractionally mixed on Wednesday. The cmdtyView national average Cash Bean price is down 4 cents at $10.64 1/2. Soymeal futures were down $1.90 to $4.50 in the front months, with Soy Oil futures 107 to 132 points higher. Strength...
From
Walsh Trading
via
Barchart
Walsh Cattle Opportunities - Pure Hedge Division
Low Cost Options, With Limited Risk
From
Mike Schuler
via
gCaptain
CMA CGM Strengthens India Ties with LNG Ship Order and R&D Hub
CMA CGM is doubling down on India, having finalizing shipbuilding contracts with Cochin Shipyard Limited (CSL) for six LNG-powered containerships while launching a dedicated Research & Development hub in the...
From
Mike Schuler
via
gCaptain
Oil Rallies as US–Iran Tensions Flare
Oil gained the most since October as traders weighed whether talks between the US and Iran will be enough to avert conflict, following a report that American military intervention could come sooner than expected.
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From
Eugene Graner
via
Barchart
Tuesday's Grain follow through examined
Tuesday sees follow-through buying after Friday's crop report. Corn neared $4.80 before retreating, soybeans hit $10.64, while Argentina's heat and delayed rains influence crop forecasts.
From
Austin Schroeder
via
Barchart
Corn Retreats Lower on Tuesday
Corn futures saw a Turnaround Tuesday pull back, as futures fell 1 to 2 cents in the nearbys on the session. The national average Cash Corn price from cmdtyView was down 2 ¼ cents at $4.40. Weekly EIA data will be out on Wednesday morning, with most expecting to see...
From
Austin Schroeder
via
Barchart
Wheat Closes Mixed on Tuesday
Wheat posted mixed action on Tuesday, hard red contracts the weakest and soft market the strongest. Chicago SRW futures were up 1 to 2 cents on the session. KC HRW settled with fractional losses on Tuesday. MPLS spring wheat futures were down 3 to 4 cents in most front months...
From
Austin Schroeder
via
Barchart
Soybeans Pull Back on Turnaround Tuesday
The soybean market posted 5 to 6 cent lower trade in most nearby contracts on Tuesday, as January expired up 1 ½ cents. CmdtyView’s national front month Cash Bean price was down 6 cents at $9.88. Soymeal futures were back down 30 cents to $2/ton on the day. Soy Oil...
From
Chris Swift
via
Barchart
Shootin' the bull about the curse of a positive basis
What I do know is that backgrounders and under are going to have a very difficult time managing the future. The positive basis is a curse for backgrounders at the moment with many more cattle to sell in the spring, but the highest price today.
From
Reuters
via
gCaptain
IMO Chief Sees Shadow Fleet Risks Growing
The safety risks posed by unregulated oil tankers are rising, and the so-called shadow fleet is a threat to both the maritime environment and seafarers, the head of the United Nations' shipping agency said on Tuesday.
From
Mike Schuler
via
gCaptain
InterManager Launches Campaign to Tackle Criminalization of Seafarers
The maritime industry is being urged to take action to address the alarming rise in criminalization of seafarers. A new campaignInter from InterManager, the international trade association for ship management,...
From
Jim Wycoff
via
Barchart
‘King Corn’ Turns Bullish, Putting Soybean and Wheat Traders on Notice. Can Corn Prices Surpass $5 Next?
The USDA cut its corn crop production estimate, sending March corn futures to a nearly seven-month high on Monday.
From
Austin Schroeder
via
Barchart
Corn Fading Lower at Midday
Corn futures are posting 1 to 2 cents losses at midday on Turnaround Tuesday, pulling back from early morning strength. The national average Cash Corn price from cmdtyView is down 2 cents at $4.40 1/4. Commitment of Traders data showed a managed money spec funds adding 24,540 contracts to their...
From
Austin Schroeder
via
Barchart
Soybeans Leaking Lower on Turnaround Tuesday
The soybean market is trading with 1 to 5 cent losses so far on Tuesday. January futures expire today. CmdtyView’s national front month Cash Bean price is down 1 3/4 cents at $9.92 1/4. Soymeal futures are back down $2.20/ton on the day. Soy Oil futures are 22 points higher...
From
Austin Schroeder
via
Barchart
Wheat Mixed at Midday
Wheat is showing mixed action so far on Tuesday at midday, with the winter wheats leading the bull’s charge. Chicago SRW futures are up 1 to 2 cents at midday. KC HRW are trading with 2 to 3 gains on Tuesday. MPLS spring wheat futures are steady to fractionally lower...