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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
Corn Feeling Wheat Pressure to Start Short Week
Spillover pressure from losses in the wheat market are pressing on corn this morning, as contracts are down 2 to 3 cents. The corn market posted fractional to 1 ¼ cent losses on Friday, a few deferreds up ¼ cent. December still managed to pull out a 1 ½ cent...
From
Bloomberg
via
gCaptain
Secret Russian Oil Switching Gets New Greek Hotspot After Drills
The secret switching of Russian fuel cargoes between tankers at sea has migrated to new hotspots off the coast of Greece after the European country used naval drills to try and block the activity in one location.
From
Austin Schroeder
via
Barchart
Soybeans Extending Friday’s Pop to Minday Morning
The soybean market is posting 4 to 5 cent gains so far on Monday morning. Soybeans were pressured for much of the week with weaker product values, but managed to close Friday with gains of 1 ¼ to 7 cents. January was still down 15 cents since last Friday’s close....
From
Reuters
via
gCaptain
UK Imposes Biggest Sanctions Package on Russian ‘Shadow Fleet’
Britain is imposing the biggest sanctions package against Russia's shadow fleet, targeting 30 vessels, foreign minister David Lammy said on Monday, urging G7 allies to stand with, and equip Ukraine for as long as it needs
From
Darin Newsom
via
Barchart
Monday Morning Markets: Did the World End this Past Weekend?
There were indications, other than the lack of nuclear mushrooms, that the Blue Marble we call earth was still turning Monday morning. Most notably gold and the wheat markets.
From
Bloomberg
via
gCaptain
US Agency Conducting Due Diligence On Adani’s Sri Lanka Project
By Dan Strumpf Nov 24, 2024 (Bloomberg) –A US agency that agreed to lend more than $500 million to an Adani Group-backed port development in Sri Lanka said it’s still conducting...
From
Nick Ehrenberg
via
Barchart
Live Cattle, Lean Hogs Analysis & Targets
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
From
Reuters
via
gCaptain
Russian Strikes Have Damaged 321 Ukrainian port Infrastructure Facilities, Zelenskiy Says
KYIV, Nov 23 (Reuters) – Russian drone and missile attacks have damaged 321 Ukrainian port infrastructure facilities since July last year, President Volodymyr Zelenskiy said on Saturday. Twenty merchant ships belonging to other countries were also damaged by Russian strikes, he...
From
Reuters
via
gCaptain
Australia Protest Forces Ship To Abort Arrival At Coal Port, 170 Arrested
SYDNEY, Nov 24 (Reuters) – A climate change protest off the coast of Australia’s New South Wales State forced an inbound ship to turn back from the country’s largest terminal for coal...
From
Malte Humpert
via
gCaptain
German and Swedish Coast Guards Arrive Near ‘Yi Peng 3’ In Escalating Cable Damage Incident
The investigation surrounding Chinese bulker carrier Yi Peng 3 suspected of damaging two submarine cables in the Baltic Sea continues to expand.
From
Bloomberg
via
gCaptain
Mexico Looks Past Trump Threats With $2.7 Billion Port Expansion
By Alex Vasquez Nov 23, 2024 (Bloomberg) –Mexico is looking beyond the incoming Trump administration’s threats of tariffs, betting on a bright future for global merchandise trade no matter what actions...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Strong Dollar and Bearish Cattle on Feed Report. Fats and Feeders lower next week?