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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
Twenty Years of Seafarer Protections: Maritime Labour Convention Marks Historic Milestone
The International Labour Organization (ILO), the International Chamber of Shipping (ICS), and the International Transport Workers’ Federation (ITF) marked the 20th anniversary of the Maritime Labour Convention (MLC) this week with a renewed push to strengthen...
From
Oliver Sloup
via
Barchart
Grains Slip Lower to Start the Week
Grain markets saw a wider ranging trade last week with big moves observed in soybeans and wheat. Is higher volatility going to be the new norm into the spring?
From
Bloomberg
via
gCaptain
Russian Oil Most Discounted Since 2023 on Western Sanctions
Russia’s flagship crude is selling at the deepest discount in the international marketplace in almost three years as western sanctions deter trade with Moscow.
From
Austin Schroeder
via
Barchart
Wheat Falling Back to Kick Off Monday
Wheat is trading with 2 to 6 cent losses on Monday morning The wheat complex was in rally mode to round out the week. Chicago SRW futures posted 13 to 14 cent gains at the close, with March up 24 ¾ cents on the week. KC HRW futures were 6...
From
Austin Schroeder
via
Barchart
Corn Slipping to Start Monday
Corn price action is down fractionally to 1 1/2 cents so far on Monday morning. Futures were up 1 to 4 cents across the front months on Friday, as March was down 4 ¼ cents last week. Spillover support from gains in wheat was helping. Preliminary open interest was down...
From
Austin Schroeder
via
Barchart
Soybeans Falling Early on Monday
Soybeans are down 2 to 6 cents so far on Monday morning. Futures were down 3 to 4 cents in the front months, as March was up 4 ½ cents last week. Open interest was down 36,192 contracts in March on Friday, with the rest up 18,174 contracts. The cmdtyView...
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From
Austin Schroeder
via
Barchart
Wheat Drops on Wednesday, Traders Waiting for the Open
Wheat posted losses across the three markets on Wednesday ahead of the Holiday. Chicago SRW futures were down 1 to 9 1/2 cents in most contracts. KC HRW contracts were 13 to 14 1/4 cents lower on the session, with December falling 24 ¼ ahead of First Notice Day. MPLS...
From
Austin Schroeder
via
Barchart
Soybeans Look to Friday Trade After Gains Ahead of Holiday
Soybeans posted firm to 5 ¼ cent higher trade on Wednesday ahead of the day off on Thursday. Things will open back up at 8:30 am CST. CmdtyView’s national front month Cash Bean price up 5 1/4 cents at $9.38 1/4. Soymeal futures were up $2.40 to $4.40/ton on the...
From
Darin Newsom
via
Barchart
What Will Traders be Watching as November Comes to an End?
The stage is set for what should be an interesting last trading day of November 2024.
From
Malte Humpert
via
gCaptain
Coast Guard Inks Deal to Acquire ‘Aiviq’ As Vessel Arrives in Tampa Dry Dock to Begin Conversion
The U.S. Coast Guard has closed on the $125m fixed-price deal to acquire and convert icebreaking supply ship Aiviq from Offshore Surface Vessels LLC, part of Edison Chouest Offshore (ECO).
From
Reuters
via
gCaptain
New Zealand Navy Ship Sank Due to Human Error, Inquiry Finds
A Royal New Zealand Navy vessel ran aground and sank off the coast of Samoa last month as a result of human error, a government-initiated inquiry found on Friday.
From
Bloomberg
via
gCaptain
Chinese Buyers Soak Up Unsold Oil as Iranian Crude Flows Slow
China’s independent refiners have snapped up barrels from across the Middle East and Africa as offers of Iranian oil remain scarcer and more expensive than usual, in part due to broadening US sanctions.
From
Jim Roemer
via
Barchart
Thanksgiving travel weather & Updated South American corn and soybean forecast
Jim conveys his Thanksgiving message, along with some actionable analysis of crop weather for corn and beans
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Will The Feeders Break on Friday - End of The Month Profit Taking?
From
Austin Schroeder
via
Barchart
Wheat Collapses on Wednesday, with December Pressured Ahead of FND
Wheat posted losses across the three markets on Wednesday ahead of the Holiday. Chicago SRW futures were down 1 to 9 1/2 cents in most contracts. KC HRW contracts were 13 to 14 1/4 cents lower on the session, with December falling 24 ¼ ahead of First Notice Day. MPLS...
From
Nick Ehrenberg
via
Barchart
Did A 78.6% Fibonacci Retracement Just End The Bull Run In Cattle & Hogs?
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
From
Austin Schroeder
via
Barchart
Soybeans See Gains Ahead of Turkey Day
Soybeans posted firm to 5 ¼ cent higher trade on Wednesday ahead of the day off on Thursday. CmdtyView’s national front month Cash Bean price up 5 1/4 cents at $9.38 1/4. Soymeal futures were up $2.40 to $4.40/ton on the day. Soy Oil futures were back down 170 to...
From
Austin Schroeder
via
Barchart
Corn Comes Back to Close Near Steady Ahead of Thanksgiving
The corn market was steady to a penny lower across most contracts on Wednesday, with December down 4 ¼ cents ahead of first notice day on Friday. The national average Cash Corn price from cmdtyView is down 3 3/4 cents at $3.92 1/2 per bu. EIA data from this morning...