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
Oliver Sloup
via
Barchart
Grain Markets Come Alive
Grain markets had seen volatility rise over the last few sessions, presenting more tradable opportunities

From
Jim Wyckoff
via
Barchart
How Much Higher Can Corn Prices Move Here?
May corn futures present a buying opportunity on more price strength.

From
Austin Schroeder
via
Barchart
Wheat Pulling Back on Tuesday
Wheat is trading with Tuesday morning losses, as the KC market is the weakest. 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. Open interest was down 9,877...

From
Austin Schroeder
via
Barchart
Corn Starting Tuesday Trade within a Penny of Unchanged
Corn price action is fractionally mixed on Tuesday morning. Futures saw contracts close steady to fractionally higher gains across most contracts on Monday. Preliminary open interest was down 39,395 contracts on Monday, much of that in March, dropping 67,295 contracts. May was up 20,505 contracts. The CmdtyView national average Cash...

From
Austin Schroeder
via
Barchart
Soybeans Easing Back on Tuesday Morning
Soybeans are trading with 3 to 4 cent front month losses so far on Tuesday morning. Futures closed with Monday losses of 2 to 4 cents in the nearbys. Some deferreds held up. Open interest was down 9,956 contracts overall, with March down 36,209 contracts ahead of first notice day...

From
Reuters
via
gCaptain
Iran Nears Deal to Buy Supersonic Anti-Ship Missiles from China
Iran is close to a deal with China to purchase anti?ship cruise missiles, according to six people with knowledge of the negotiations, just as the United States deploys a vast naval force near the Iranian coast ahead of possible strikes on the Islamic Republic.

From
Bloomberg
via
gCaptain
UK Targets Russian Oil Fleet With Biggest Sanctions Hit in Years
The UK government announced new sanctions on Russia’s so-called shadow oil fleet as it ramped up efforts to squeeze energy revenues funding the Kremlin’s war in Ukraine.
The APS Information Center
For detailed updates and additional resources, explore our resources section.

From
Darin Newsom
via
Barchart
Has the Global Wheat Market Changed?
The spotlight has turned to global wheat markets this week as the situation in the Black Sea region of the world intensifies.

From
Austin Schroeder
via
Barchart
Wheat Gains Hold into Tuesday’s Close
The wheat complex extended the recent strength into Tuesday’s close, as escalating tensions in the Black Sea have given a short covering opportunity. Chicago SRW futures were up 2 to 3 cents across the board, pulling back off the midday highs. KC HRW contracts posted gains of 2 ½ to...

From
Austin Schroeder
via
Barchart
Soybeans Head Back Lower on Turnaround Tuesday
The soybean market gave back most of Monday’s gains on Tuesday, as contracts turned around for losses of 4 ¾ to 11 ¼ cents across the board. CmdtyView’s national front month Cash Bean price was down 11 cents at $9.46 1/4. The products were back to lower trade on the...

From
Austin Schroeder
via
Barchart
Corn Falls Back on Tuesday
Corn futures faced some Tuesday turnaround pressure, as contracts closed with 1 ¼ to 2 cent losses across the board. The national average Cash Corn price from cmdtyView was down 1 3/4 cents at $4.04 3/4 per bu. Ukraine’s ag ministry expects the 2025 corn acreage to be up 500,000...

From
Reuters
via
gCaptain
European Officials Denounce Russian Hybrid Attacks Amid Sabotage Probes
European governments accused Russia on Tuesday of escalating hybrid attacks on Ukraine's Western allies, as Baltic nations investigated whether the cutting of two fiber-optic telecommunication cables in the Baltic Sea was sabotage.

From
Mike Schuler
via
gCaptain
Massive Bomb Cyclone Explodes Off Pacific Northwest: Mariners Face Hurricane-Force Winds and 36-Foot Seas
A rapidly intensifying weather system, known as a “bomb cyclone,” has developed off the U.S. West Coast, creating perilous conditions for mariners and coastal communities in the Pacific Northwest. The...

From
Oliver Sloup
via
Barchart
Grain and Livestock Market Recap
Grain and Livestock Market were mixed in Tuesdays trade, here's how things shook out.

From
Chris Swift
via
Barchart
Shootin' the Bull about basis making opportunities
Futures traders are on the cusp of taking basis back to negative. Backgrounders are urged to use this sharp, $10.00 narrowing of the basis in just 7 trading days.

From
Andrew Hecht
via
Barchart
Do We Have to Wait Until Next Year for a Recovery in Wheat?
After reaching a record high in 2022, nearby CBOT wheat futures prices plunged and remain well below $6 per bushel in November 2024. The bearish price action during the 2024 crop year means we may have to wait until 2025 for any price recovery.

From
Mike Schuler
via
gCaptain
MV Glen Sannox: A Long-Awaited Ferry Finally Approved for Passenger Service
The long-awaited MV Glen Sannox, under construction at Scotland’s Ferguson Marine shipyard, has officially received regulatory approval to carry passengers. The Maritime and Coastguard Agency (MCA) and Lloyd’s Register have issued...

From
Mike Schuler
via
gCaptain
Too Fast, Too Fatal: Excessive Speed and Communication Lapses Doomed Tug ‘Biter’
The UK Marine Accident Investigation Branch (MAIB) has released its report into last year’s tragic capsizing of the twin-screw conventional tug Biter off Greenock, Scotland, resulting in the loss of two crew...

From
Malte Humpert
via
gCaptain
Details of Baltic Sea Cable Incident Remain Murky as Danish Coast Guard Shadows Chinese Vessel
A day after the C-Lion1 and BCS subsea data cables in the Baltic Sea, connecting Finland and Germany as well as Sweden and Lithuania, were damaged, specifics of the incident remain unconfirmed.