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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
New Zealand Slaps Sanctions on 100 Russian ‘Shadow Fleet’ Vessels
New Zealand has imposed its largest-ever maritime sanctions package against Russia, designating 100 vessels linked to the country’s “shadow fleet” and lowering the price cap on Russian crude to $44.10 per barrel. The sweeping move significantly expands Wellington’s enforcement reach and aligns with broader international efforts to curb Moscow’s oil revenues.
From
Austin Schroeder
via
Barchart
Corn Close Mixed on Thursday
Corn futures saw fractional to 1 ¼ cent losses on Thursday, with deferreds slightly higher. 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 Rallies on Thursday
The wheat complex was in rally mode across all three markets on Thursday. Chicago SRW futures closed 12 to 15 cents higher on the day to lead the bull’s charge. KC HRW futures were up 14 to 15 cents at the close. MPLS spring wheat was 8 to 10 cents...
From
Austin Schroeder
via
Barchart
Soybean Bulls Push Higher into Thursday’s Close
Soybeans saw 6 to 8 cent gains across most contracts at Thursday’s close. Some new crop contracts were up 2 to 3 cents. The cmdtyView national average Cash Bean price was up 7 1/2 cents at $10.76 1/2. Soymeal futures were up 30 to 80 cents in the front months,...
From
Malte Humpert
via
gCaptain
Russia Executes First-Ever Triple Arctic LNG Ship-to-Ship Transfer Amid Sanctions
Russia has for the first time conducted three simultaneous LNG ship-to-ship (STS) transfers in Arctic waters, a move highlighting Moscow’s increasingly sophisticated logistics network for exporting gas despite Western sanctions.
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?
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From
Ben DiCostanzo
via
Barchart
Cattle Markets Celebrate New Year While Hogs Struggle
Happy New Year!
From
Austin Schroeder
via
Barchart
Soybean Bulls Start the New Year with a Spark
The soybean market kicked off 2025 with gains across most contracts, as futures were steady to 3 ½ cents higher. CmdtyView’s national front month Cash Bean price was up 1 1/4 cents at $9.56. Soymeal futures were up $3 to $5.20/ton across the board. Soy Oil futures were down 6...
From
Austin Schroeder
via
Barchart
Wheat Head Lower to Kick Off the Year
The wheat market posted losses on Thursday to close out the Thursday session. Chicago SRW futures were down 3 ½ to 5 ¾ cents across board on the day. KC HRW contracts are down 5 to 7 ½ cents on the Thursday session. MPLS spring wheat futures closed the day...
From
Austin Schroeder
via
Barchart
Corn Starts 2025 with Gains
Corn futures closed out the initial trading session in 2025 with gains of 1 to 2 ¾ cents across the board. The national average Cash Corn price from cmdtyView was up 1 3/4 cents at $4.31 1/4. The delayed weekly EIA report showed a total of 1.111 million barrels per...
From
Reuters
via
gCaptain
U.S. LNG Exports Soar in December, Lifting Full-Year Growth by 4.5%
U.S. LNG exports reached near record levels in December, rising to 8.5 million metric tonnes (MT) as two new plants started, and driving up full-year shipments 4.5% over 2023, according preliminary data from financial firm LSEG.
From
Darin Newsom
via
Barchart
Grain Market Update: Corn Soars, Soybeans Stage Comeback, and Wheat Stumbles
In this interview, market analysts discuss the current state of the agricultural commodity markets, noting continued fund buying in corn despite potential resistance, short covering in soybeans, and surprising weakness in wheat. They highlight the strong cash market for cattle, while acknowledging the potential for increased volatility due to the upcoming administration's policies, which may lead to higher inflation, increased interest rates, and increased uncertainty in financial markets.
From
Chris Swift
via
Barchart
Shootin' the Bull about digging in your heels.
The futures traders are believed set with a significant increase in open interest representing both sides digging in their heels.
From
Bloomberg
via
gCaptain
Biden to Block More Offshore Oil Drilling Before Trump Arrives
President Joe Biden is preparing to issue a decree permanently banning new offshore oil and gas development in some US coastal waters, locking in difficult-to-revoke protections for sensitive marine areas during his final weeks in the White House.
From
Oliver Sloup
via
Barchart
A Choppy Grain Trade and a Surge Higher in Cattle to Start the New Year
A Choppy Grain Trade and a Surge Higher in Cattle to Start the New Year
From
Austin Schroeder
via
Barchart
Wheat Backing of on Thursday’s Midday
The wheat market is trading with contracts in the red so far on Thursday. Chicago SRW futures are down 3 to 5 cents across the nearbys at midday. KC HRW contracts are down 5 to 7 cents in the front months so far on the Thursday session. MPLS spring wheat...