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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 Slipping Lower Ahead of Export Sales Data
Corn futures are showing some slight losses to kick off the Thursday trade. The corn market rallied off early session lows on Wednesday, with contracts closing the day up 1 1/4 to 3 cents. Near record ethanol output and continued spillover strength in wheat helped. Preliminary open interest showed net...
From
Austin Schroeder
via
Barchart
Wheat Sticking to Higher Trade on Thursday Morning
Wheat is trading with gains across the three markets so far on Thursday morning. The complex continued to extend higher on Wednesday as the Black Sea tensions heightened, with all three markets closing higher. Chicago SRW futures were up 2 3/4 to 5 cents across the board at the close....
From
Austin Schroeder
via
Barchart
Soybeans Sticking Near Unchanged to Start Thursday
Soybeans are showing fractional to 1 cent losses across mots contracts on Thursday morning. They continued to see weakness on Wednesday as contracts posted losses of 4 ½ to 19 ¼ cents. CmdtyView’s national front month Cash Bean price was down 7 1/12 cents at $9.39. Soymeal futures were up...
From
Austin Schroeder
via
Barchart
Corn Slipping Lower Ahead of Export Sales Data
Corn futures are showing some slight losses to kick off the Thursday trade. The corn market rallied off early session lows on Wednesday, with contracts closing the day up 1 1/4 to 3 cents. Near record ethanol output and continued spillover strength in wheat helped. Preliminary open interest showed net...
From
Jim Roemer
via
Barchart
Why a colder end to autumn is helping natural gas prices rally. What about soybeans?
Jim puts on his winter hat.
From
Austin Schroeder
via
Barchart
Soybeans Fall to Weakness on Wednesday as Bean Oil Adds Pressure
Soybeans continued to see weakness on Wednesday as contracts posted losses of 4 ½ to 19 ¼ cents. CmdtyView’s national front month Cash Bean price was down 7 1/12 cents at $9.39. Soymeal futures were up 70 cents to $1.30/ton, but Soy Oil futures brought the pressure, down another 95...
From
Austin Schroeder
via
Barchart
Corn Posts Wednesday Strength as Robust Ethanol Production Continues
The corn market rallied off early session lows on Wednesday, with contracts closing the day up 1 1/4 to 3 cents. Near record ethanol output and continued spillover strength in wheat helped. The national average Cash Corn price from cmdtyView was up 3 cents at $4.07 3/4 per bu. EIA...
From
Austin Schroeder
via
Barchart
Wheat Strength Pushes ton Wednesday’s Close as Black Sea Tensions Remain High
The wheat complex continues to extend higher as the Black Sea tensions heighten, with all three markets closing higher. Chicago SRW futures were up 2 3/4 to 5 cents across the board at the close. KC HRW contracts saw gains of 2 to 3 1/2 cents to close out the...
From
Mike Schuler
via
gCaptain
Container Shipping Industry Sees Exponential Profit Surge Driven by Red Sea Situation
The container shipping industry has experienced a remarkable turnaround in the third quarter of 2024, with total net income soaring to $26.8 billion, marking a staggering 164% increase from the...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Bullish Natural Gas and Looking for a Big Move in the Feeders
From
Chris Swift
via
Barchart
Shootin' the Bull about the next shoe to drop
Well, it appears at the close today that both longs and shorts, and those wanting to be long or short, of those not wanting to be long or short, were collectively holding their breath for the next shoe to drop.