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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
WOW, Soybean Oil Through the Roof! Fats and Feeders to Close Higher Tomorrow?
From
Walsh Trading
via
Barchart
Chart of the Day - May Wheat
Has Wheat made a long-term bullish turn, or will this turn out to be a selling opportunity for farmers?
From
Chris Swift
via
Barchart
Shootin' the Bull about a lot of different things
A tremendous amount of volatility today. Futures appeared to begrudgingly move higher with cash remaining firm.
From
Reuters
via
gCaptain
Denmark Hold Iran-Flagged Containership Over Registration Concerns
Denmark's maritime authority said on Thursday it had detained an Iran-flagged container vessel anchored in the Nordic country's waters on the grounds that it was not properly registered.
From
Austin Schroeder
via
Barchart
Corn Slipping Lower on Thursday
Corn futures are trading with midday losses of 1 to 2 1/2 cents on Thursday. The CmdtyView national average Cash Corn price is up ½ cent to $3.94 1/2. EIA data from this morning showed ethanol production in the week ending on 2/13 at 1.118 million barrels per day, up...
From
Austin Schroeder
via
Barchart
Wheat Rally Continuing on Thursday
The wheat complex is in rally mode across all three markets on Thursday. Chicago SRW futures are trading 10 to 12 higher so far on the day to lead the bull’s charge. KC HRW futures is joining in on the rally, with futures up 9 to 11 cents so far...
From
Austin Schroeder
via
Barchart
Soybeans Pushing Higher on Thursday
Soybeans are posting 4 to 5 cents across the front months on Thursday’s midday. The cmdtyView national average Cash Bean price is down 4 cents at $10.64 1/2. Soymeal futures are up 40 to 20 cents lower in the front months, with Soy Oil futures 85 to 90 points higher....
The APS Information Center
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From
Austin Schroeder
via
Barchart
Corn Leaking Lower at Midday
Corn price action at midday is showing 2 to 3 cent losses so far, as contracts are facing some Turnaround Tuesday weakness. The national average Cash Corn price from cmdtyView is down 2 1/2 cents at $4.26. USDA reported a private export sale of 110,000 MT of corn sold to...
From
Mike Schuler
via
gCaptain
CBO Warns Navy’s Ambitious 2025 Shipbuilding Plan Faces Major Hurdles
The U.S. Navy’s 2025 shipbuilding plan aims to expand its fleet to 390 battle force ships by 2054, but achieving this vision comes with a hefty price tag, according to...
From
Mike Schuler
via
gCaptain
Anchor Suspected of Causing Estlink2 Cable Damage Recovered from Baltic Sea
Finnish authorities have recovered an anchor from the Gulf of Finland that they suspect belongs to the Russian tanker Eagle S, which is suspected of damaging the Estlink2 undersea cable...
From
Mike Schuler
via
gCaptain
UK Launches AI-Powered Maritime Surveillance System to Counter Russian Shadow Fleet in Baltic
In response to recent damage to critical undersea infrastructure, the UK-led Joint Expeditionary Force (JEF) has activated an advanced AI-powered surveillance system to monitor potential maritime threats and track Russia’s...
From
Oliver Sloup
via
Barchart
A Mixed Start to the Week
Grain markets were uniformly higher to start the week but turned lower in the overnight and early morning trade. Here are the levels to watch for today’s trade.
From
Austin Schroeder
via
Barchart
Soybeans Falling to Begin Tuesday Trade
Soybeans are reverting back lower on Tuesday morning, with contracts down 7 to 10 cents. The soybean market backed off the early session highs, but still closed the Monday session with contracts anywhere from 3 ¼ to 11 ½ cents higher. CmdtyView’s national front month Cash Bean price was up...
From
Austin Schroeder
via
Barchart
Wheat Mixed on Tuesday AM Trade
The wheat market is trading with contracts mixed across the three exchanges to kick off Tuesday Trade. Wheat put on double digit gains across the three market on Monday. Chicago SRW futures were up 8 to 11 ¾ cents on the day. KC HRW contracts posted gains of 13 1/4...
From
Austin Schroeder
via
Barchart
Corn Pulling Back to Start Turnaround Tuesday
Corn prices are starting off the Tuesday trade with contracts down 2 to 3 cents. Futures closed out the Monday session with contracts 2 ¾ to 7 cents higher across the board, as a weaker dollar provided some support. Preliminary open interest was up 12,715 contracts, implying net new buying....
From
Bloomberg
via
gCaptain
China’s Biggest Shipping Line Added to US Military Blacklist
The US has blacklisted China’s largest shipping line and two shipbuilders over alleged links with the People’s Liberation Army, as Washington turns its attention to the country’s massive maritime sector.
From
Reuters
via
gCaptain
Taiwan Coast Guard Says Investigation of Damaged Undersea Cable Stymied by Weather
Taiwan's coast guard has said that it suspects a ship damaged an undersea communications cable over the weekend, but that bad weather prevented its personnel from boarding the vessel to investigate.
From
Mike Schuler
via
gCaptain
Pangaea Logistics Expands Bulk Fleet with $271M Acquisition
Pangaea Logistics Solutions (NASDAQ: PANL) has successfully expanded its existing fleet with fifteen handy-size vessels from Strategic Shipping Inc. (SSI), a privately held company managed by M.T. Maritime Management (USA)...
From
Jim Roemer
via
Barchart
Why La Niña Modoki poses big crop risks for Argentina's corn and soybeans
Jim Roemer applies his decades of "hands on" observations correlating specific global climatological phenomena impacting the markets for key agricultural crops