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 Sell the Fact Following RVO Release
Soybeans closed the Friday session with contracts down 5 to 14 ½ cents in most front months, as May was down 2 cents this week. The cmdtyView national average Cash Bean price as down 14 ¼ cents at $10.86. Soymeal futures posted Friday losses of $2.20 to $6.80, with May...

From
Austin Schroeder
via
Barchart
Wheat Posts Friday Gains
The wheat complex saw mostly higher trade on Friday. Chicago SRW futures were the lagger, closing moistly within ¼ cent of unchanged, as May was up 9 ¾ cents this week. KC HRW futures posted gains of 3 ¼ to 6 ¼ cents to lead the way, as May was...

From
Austin Schroeder
via
Barchart
Corn Fades Lower into the Weekend
Corn futures eased back lower into the weekend, closing Friday with contracts steady to 5 cents lower led by the nearbys. Front month May was down 3 ½ cents this week. The CmdtyView national average Cash Corn price was down 5 cents to $4.19 1/2. Export Sales data from Thursday...

From
Mike Schuler
via
gCaptain
Houthis Threaten Red Sea Escalation as Iran War Risks Spreading to Second Shipping Chokepoint
Yemeni group warns its “fingers are on the trigger” as Hormuz disruption collides with rising Bab el-Mandeb risk. Yemen’s Iran-aligned Houthi movement has issued its clearest warning yet that it...

From
Lori Ann LaRocco
via
gCaptain
Iran Signals New ‘Permission-to-Transit’ Regime in Hormuz After Blocking COSCO Vessels
By Lori Ann LaRocco – Iran says it has begun enforcing new controls over shipping in the Strait of Hormuz, claiming it blocked multiple container ships—including two operated by China’s...

From
Chris Swift
via
Barchart
Shootin' the Bull about widening starting margins again
Feeder cattle prices rose more than $10.00 over their fat cattle counterpart to start the feeding process.

From
Trent Klarenbach
via
Barchart
Canola Looking Vulnerable
Technical Analysis of the Daily Canola chart.
The APS Information Center
For detailed updates and additional resources, explore our resources section.

From
Mike Schuler
via
gCaptain
Corpus Christi Expansion Cements U.S. Position as Global LNG Export Leader
U.S. Secretary of Energy Chris Wright signed an export authorization yesterday for a 12% expansion at Cheniere Energy’s Corpus Christi liquefied natural gas terminal, underscoring America’s continued dominance in global...

From
The Loadstar
via
gCaptain
Freight Rates Stall After Lunar New Year as Carriers Eye Blank Sailings
Container freight spot rates on the major trades saw limited movement this week as supply chains in China slowly began to restart following the new year holiday.

From
Reuters
via
gCaptain
France Says ‘Ridiculous Provocation’ if Russia Behind Drone Near Charles de Gaulle Carrier
Sweden shot down an unidentified drone near France's Charles de Gaulle aircraft carrier docked in Malmo. French Foreign Minister calls it a "ridiculous provocation" if Russia is behind the incident, marking the latest drone activity near NATO assets.

From
Austin Schroeder
via
Barchart
Soybeans Posting Friday Gains to Round Out February
Soybeans are posting 5 to 6 cent gains in the nearby contracts on Friday. There were 138 deliveries issue against March soybean futures overnight. The cmdtyView national average Cash Bean price is up 5 3/4 cents at $10.89 1/2. Soymeal futures are steady to $1.90 lower in the front months,...

From
Austin Schroeder
via
Barchart
Wheat Rallying on Friday
The wheat complex is rallying across all three markets on Thursday. Chicago SRW futures are 18 to 21 cents higher on Friday. KC HRW futures are trading 18 to 19 cents higher across most contracts. MPLS spring wheat are up 13 to 16 ½ cents so far on the day....

From
Austin Schroeder
via
Barchart
Corn Rallying on Friday
Corn futures are trading with gains of 5 to 6 cents in the front months on Friday. First notice day showed just 9 deliveries overnight all issued by the Bunge house account. The CmdtyView national average Cash Corn price is up 6 1/4 cents to $4.07 3/4. The spring base...

From
Bloomberg
via
gCaptain
Russian Oil Tanker Diverts From Cuba as Trump Naval Blockade Deters Shipments
The tanker Sea Horse carrying 200,000 barrels of Russian gas oil diverted from Cuba and is now drifting in the North Atlantic. The move worsens Cuba's fuel crisis as Trump's Caribbean naval blockade deters shipments to the island.

From
Mike Schuler
via
gCaptain
U.S. Moves to Permanently Seize Sanctioned Tanker ‘Skipper’ and $150M Oil Cargo
The U.S. Department of Justice has filed a civil forfeiture complaint seeking to permanently seize the motor tanker Skipper and its roughly 1.8 million-barrel cargo of Venezuelan crude, marking the latest move in Washington’s expanding crackdown on oil shipments tied to Iran and Venezuela’s shadow fleet networks.

From
Mike Schuler
via
gCaptain
Red Sea Comeback Falters as Maersk Diverts Ships Back Around Cape
Less than a month after restarting limited Red Sea transits, Maersk is once again rerouting select services around the Cape of Good Hope, underscoring how fragile the industry’s return to the Suez corridor remains.

From
Bill Baruch
via
Barchart
Grain Markets Look to Round Out the Week on a High Note
Grain markets have had an impressive week and are on the verge of ending the week on a high note. Is the Spring rally getting started?

From
Reuters
via
gCaptain
Panama Officials Search CK Hutchison’s Subsidiary Office, Source Says
Panamanian authorities searched a ports unit of Hong Kong conglomerate CK Hutchison 0001.HK in Panama on Thursday, according to a person familiar with the operation, escalating a rift over control of two key ports in the strategic waterway.