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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
Soybeans Slip Lower to Post Monday Losses
Soybeans closed with Monday losses of 2 to 4 cents in the nearbys. Some deferreds held up. The cmdtyView national average Cash Bean price was down 3 1/4 cents at $10.69. Soymeal futures were down $1 to $2.50 in the front months, with. Soy Oil futures up 47 to 61...
From
Austin Schroeder
via
Barchart
Corn Holds Steady on Monday
Corn futures saw contracts close steady to fractionally higher gains across most contracts on Monday. The CmdtyView national average Cash Corn price was unchanged to $3.94 1/2. USDA reported a private export sale of 125,000 MT of corn to Colombia this morning. Monday morning’s Export Inspections report showed 2.05 MMT...
From
Austin Schroeder
via
Barchart
Wheat Falls on Monday
The wheat complex failed to extend the gains to Monday, as all three markets were lower. Chicago SRW futures closed 4 to 7 cents in the red to start the week. KC HRW futures were down 12 to 13 cents in the front months on Monday. MPLS spring wheat closed...
From
Mike Schuler
via
gCaptain
EU Extends Red Sea Naval Mission to 2027
The European Union is keeping its warships in the Red Sea. EU member states have agreed to extend EUNAVFOR ASPIDES through February 28, 2027, allocating nearly €15 million to continue protecting commercial shipping in a...
From
Chris Swift
via
Barchart
Shootin' the Bull about changes taking place in cattle production.
The loss of Mexican cattle to produce has come home to roost.
From
Malte Humpert
via
gCaptain
Too Much Ice and Too Little Draft: The Harsh Reality Facing a U.S. Hospital Ship Mission to Greenland
President Trump’s proposal to dispatch a U.S. hospital ship to Greenland would run into a combination of environmental and logistical hurdles that make such a mission impractical in February or March, when Arctic sea ice typically reaches its maximum annual extent.
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From
Austin Schroeder
via
Barchart
Soybeans Hold Gains on Monday with Meal Pop
The soybean market held the gains to start the week, with contracts up 1 ¾ to 3 ½ cents on Monday. CmdtyView’s national front month Cash Bean price was up 2 cents at $9.35. Soymeal futures were up $2.50 to $4.50/ton on the day. Soy Oil futures were down 40...
From
Austin Schroeder
via
Barchart
Wheat Fades Lower to Kick Off Thanksgiving Week, as Conditions Improve
Wheat showed up to this week’s Thanksgiving prelude with weakness across the three markets. Chicago SRW futures were down 7 ½ to 10 ¼ cents across the board. KC HRW contracts were 7 ¾ to 10 ¾ cents lower on the session. MPLS spring wheat was down 5 to 5...
From
Austin Schroeder
via
Barchart
Corn Slips Lower on Monday
Corn posted weakness to close out the Monday session, with contracts down anywhere from ¾ to 3 ¾ cents. The national average Cash Corn price from cmdtyView was down 1 cent at $4.02 3/4 per bu. USDA reported a private export sale of 454,090 MT of corn to Mexico this...
From
Mike Schuler
via
gCaptain
Canadian Freighter ‘Tim S. Dool’ Hard Aground in St. Lawrence River
A Canadian-flagged bulk carrier, the Tim S. Dool, is currently hard aground on the U.S. side of the St. Lawrence River, prompting a complex salvage operation. The grounding occurred Saturday...
From
Ben DiCostanzo
via
Barchart
Cattle Markets Collapse after a Sparkling Start to the Week
Cattle markets fail to hold opening surge
From
Oliver Sloup
via
Barchart
Corn and Wheat Retreat While Soybeans Attempt to Find Their Footing
It’s a bit of a mixed bag in the early morning trade with corn and wheat lower and beans hanging on to small gains. Here’s what’s on tap for today’s trade.
Watch us on RFD-TV, today at 9:45am CT!
From
Mike Schuler
via
gCaptain
UK Cracks Down on Russia’s Shadow Fleet with Largest Sanctions Package to Date
The UK has sanctioned 30 vessels from Russia’s so-called “shadow fleet” representing a decisive move to curtail Russia’s ability to fund its war in Ukraine. These ships, responsible for transporting...
From
Reuters
via
gCaptain
Sixteen Missing After Tourist Boat Sinks off Egypt’s Red Sea Coast
Sixteen people including 12 foreign nationals are missing after a tourist boat sank off Egypt's Red Sea coast, the local government said on Monday.
From
Oliver Sloup
via
Barchart
Grain and Livestock Markets Finish the Day Mixed
It was an eventful morning, particularly in the cattle complex with a big gap higher, but the market settled down shortly after the open with some contracts closing lower on the day. Grain markets were mostly mixed.
From
Bloomberg
via
gCaptain
Orsted Said to Start Selling Stake in Huge UK Wind Farm
Orsted A/S has launched the sale of a stake in one of the world’s biggest wind farms planned off the UK coast, according to people familiar with the matter.
From
Mike Schuler
via
gCaptain
Red Sea Crisis: A Timeline of Maritime Chaos Over the Past Year
The past year has witnessed an unprecedented escalation of maritime violence in the Red Sea and surrounding waterways, with the Iranian-backed Houthi insurgents at the center of a mounting crisis....