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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
Mike Schuler
via
gCaptain
U.S. Admiral Says Operation EPIC FURY Rolled Back ‘40 Years’ of Iranian Military Investment
Admiral Brad Cooper of U.S. Central Command on Thursday delivered the most sweeping public assessment yet of the damage inflicted on Iran during Operation EPIC FURY, telling lawmakers the 38-day...
From
Bloomberg
via
gCaptain
Hormuz Oil Flows Creep Higher as More Supertankers Exit
The number of supertankers hauling unsanctioned oil through the Strait of Hormuz has shown signs of rising in recent days, offering limited relief to an oil market that’s suffered the largest supply disruption in history.
From
Reuters
via
gCaptain
New Attacks Hit Ships Near Hormuz as Trump Discusses Iran With Xi
U.S. President Donald Trump discussed the Iran war with China's President Xi Jinping in Beijing on Thursday, while new attacks on vessels near the Strait of Hormuz brought a reminder of the costs of a prolonged stalemate, with peace talks stalled.
From
Austin Schroeder
via
Barchart
Wheat Falling at Midday
The wheat complex is facing pressure on Thursday’s midday. Chicago SRW futures are down 18 to 29 cents in the front months. KC HRW futures are leading the charge, with 20 to 22 cent losses. MPLS spring wheat is trading with 17 to 19 cent losses at midday. There were...
From
Austin Schroeder
via
Barchart
Corn Facing Thursday Pressure
Corn futures are trading with 13 to 15 cent losses in the front months on Thursday. There were 17 deliveries against May futures overnight, with the contract expiring today. The CmdtyView national average Cash Corn price is down 15 cents to $4.25. A bill to approve year-around sales of E15...
From
Austin Schroeder
via
Barchart
Soybeans Collapsing Following Trump/Xi Meeting
Soybeans are trading with 30 to 44 cent losses in most contracts on Thursday. The cmdtyView national average Cash Bean price is down 44 cents at $11.20. Soymeal futures are back down $7.20, with Soy Oil futures falling 108 points. There were 80 deliveries issued against May meal futures overnight,...
From
Trent Klarenbach
via
Barchart
Soybeans Technicals: Confirming the Double Top
We analyze the rumoured double top in soybean prices. Canadian grain marketers should wait for a confirmed neckline break before acting on the charts.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Mike Schuler
via
gCaptain
Security Council Demands Freedom of Navigation in Hormuz as Shipping Risks Mount
The United Nations Security Council heard urgent calls Monday to restore freedom of navigation through the Strait of Hormuz, as world leaders warned disruptions in one of the world’s most critical maritime chokepoints...
From
Chris Swift
via
Barchart
Shootin' the Bull about breaking patterns and stretching oneself thin
New contract highs in the fats voids the anticipated H & S pattern.
From
Mike Schuler
via
gCaptain
Opposition to Jones Act Waiver Extension Widens as Maritime Industry Pushes Back
The Trump administration’s decision to extend its broad Jones Act waiver another 90 days is drawing mounting opposition across the U.S. maritime sector, with labor unions, domestic operators, trade groups...
From
Austin Schroeder
via
Barchart
Soybeans Feeling Modest Weakness on Turnaround Tuesday
Soybeans are slipping lower on Turnaround Tuesday, with contracts down 2 to 6 ½ cents. The cmdtyView national average Cash Bean price is down 5 3/4 cents at $11.10 1/2. Soymeal futures are down $2 to $2.50 across the front months, with Soy Oil futures up 55 to 65 points...
From
Austin Schroeder
via
Barchart
Corn Pushing Higher at Tuesday’s Midday
Corn futures are trading with 2 to 5 cent gains in most front months on Tuesday, as spillover support from the wheat market is supportive. The CmdtyView national average Cash Corn price is up 2 3/4 cents at $4.28 1/4. NASS Crop Progress data showed the US corn crop at...
From
Austin Schroeder
via
Barchart
Wheat Rally Extending to Fresh Highs on Tuesday
The wheat complex is trading with contracts double digits higher across the three exchanges. Chicago SRW futures are 20 to 23 cents higher so far on Tuesday. KC HRW futures are up 20 to 25 ½ cents in the nearbys. MPLS spring wheat is showing 13 to 15 cent gains...
From
Reuters
via
gCaptain
UAE Quits OPEC in Major Blow to Global Oil Producers’ Group
The United Arab Emirates said on Tuesday it was quitting OPEC, dealing a heavy blow to the oil producers' group as an unprecedented energy crisis triggered by the Iran war exposes discord among Gulf nations.
From
Reuters
via
gCaptain
Iran’s Guards Seize Wartime Power, Blunting Supreme Leader’s Role
Two months into a war with the U.S. and Israel, Iran no longer has a single, undisputed clerical arbiter at the pinnacle of power — an abrupt break with the past that may be hardening Tehran’s stance as it weighs renewed talks with Washington.
From
Bloomberg
via
gCaptain
Trump Says Iran Wants Hormuz Open in Tussle Over War’s End
President Donald Trump said Iran has asked the US to lift a naval blockade of the Strait of Hormuz while the two sides negotiate an end to the two-month war, which has upended global energy supplies.
From
Nick Ehrenberg
via
Barchart
Corn Completes The ONE44 61.8% (450.00) to 61.8% Target at 473.00
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
From
Reuters
via
gCaptain
Idemitsu Maru Tanker Carrying Saudi Oil Seeks to Cross Strait of Hormuz
Panama-flagged tanker Idemitsu Maru, carrying 2 million barrels of Saudi oil, is attempting to cross the Strait of Hormuz, LSEG shipping data showed on Tuesday, and is poised to be the first Japan-linked crude tanker to do so since the Iran war began.