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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
Jim Roemer
via
Barchart
USDA Planting Preview & El Niño Looms Over Drought Stressed Wheat
Check out Jim's VIDEO about his thoughts on the coming USDA planted acreage projections
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.
The APS Information Center
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From
Mike Schuler
via
gCaptain
Moody’s: Port Import Gains From Supreme Court Tariff Ruling May Prove Fleeting
The Supreme Court’s decision striking down sweeping tariffs imposed under emergency powers may provide a temporary lift to U.S. port volumes—but the bump could fade quickly as trade policy uncertainty...
From
Austin Schroeder
via
Barchart
Wheat Holding Lower on Wednesday
The wheat complex is showing weakness on Wednesday, with all three markets lower. Chicago SRW futures are down 3 to 5 cents so far on Wednesday. KC HRW futures are showing 4 to 5 cent losses at midday. MPLS spring wheat is down 2 to 4 cents in the front...
From
Austin Schroeder
via
Barchart
Soybeans Popping Higher, Following Meal Rally
Soybeans are trading with Wednesday gains at midday, with meal leading the charge. The cmdtyView national average Cash Bean price is up 6 1/2 cents at $10.81. Soymeal futures are $7.60 to $8.10 in the front months, with. Soy Oil futures down 7 to 12 points. The forecast for Argentina...
From
Austin Schroeder
via
Barchart
Corn Trading with Wednesday Gains
Corn futures are trading with 1 to 3 ½ cent gains across the front months on Wednesday. The CmdtyView national average Cash Corn price is down a up ¾ cent to $3.96 1/2. With just 3 days left for price discovery for the spring base price for Crop Insurance, December...
From
Reuters
via
gCaptain
Wind Giant Sees Strong U.S. Growth Despite Offshore Ban
EDP Renovaveis, the world's fourth-largest wind producer, reports 50% profit growth and optimism for U.S. expansion despite Trump's offshore wind ban. CEO says solar and battery storage are filling the gap as data center demand surges.
From
Bloomberg
via
gCaptain
Iran Loads 20 Million Barrels of Oil Onto Tankers as U.S. Military Buildup Intensifies
Iran loaded 20.1 million barrels of oil onto tankers from Kharg Island in just six days, tripling January's pace as the U.S. assembles its largest Middle East force since 2003. Satellite data shows tanker traffic doubled while storage tanks emptied rapidly.
From
Bloomberg
via
gCaptain
Bahri Charters Five Supertankers as Rates Approach $200K/Day
Saudi Arabia's National Shipping Co. (Bahri) provisionally hired at least five supertankers as freight rates approach $200,000 per day, the highest since 2020. The bookings signal rising Saudi crude exports to Asia amid geopolitical tensions in the Strait of Hormuz.
From
Mike Schuler
via
gCaptain
Maersk’s APM Terminals Takes the Helm at Panama’s Port of Balboa
APM Terminals has begun temporary operations at Panama’s Port of Balboa on the Pacific side, launching an 18-month stabilization phase designed to restore container movements while maintaining the continuity of...
From
Mike Schuler
via
gCaptain
U.S. Treasury Sanctions 12 Tankers in Iran’s Shadow Fleet
The U.S. Department of the Treasury escalated its economic pressure campaign against Iran today, sanctioning over 30 entities, individuals, and vessels in a coordinated strike aimed at dismantling the Islamic...
From
Austin Schroeder
via
Barchart
Wheat Losses Extend to Wednesday Morning
Wheat is kicking off Wednesday trade with losses of 2 to 4 cents. The wheat complex was weaker on Tuesday. Chicago SRW futures were steady to 2 cents lower. Open interest rose 3,208 contracts on Tuesday. KC HRW futures are down 5 to 6 cents in the front months on...
From
Austin Schroeder
via
Barchart
Soybeans Off Overnight Highs, but still Holding Wednesday AM Gains
Soybeans are trading with 1 to 3 cent gains as the market enters Wednesday trade. Futures posted gains of 4 to 5 ½ cents in most front months on Tuesday. Open interest was down 2,337 contracts on Tuesday, with March dropping 26,192 contracts ahead of FND on Friday. The cmdtyView...
From
Austin Schroeder
via
Barchart
Corn Firming Up on Wednesday Morning
Corn price action is fractionally mixed so far on Wednesday morning, holding near unchanged. Futures came back to close mixed on Tuesday, with front months March up ¼ cent and other contracts down 1 to 2 cents. March continues to liquidate ahead of Friday’s first notice day, with open interest...