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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
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.
From
Malte Humpert
via
gCaptain
Jiangnan Shipyard Secures Nuclear Equipment License, Hinting at Momentum for China’s Maritime Reactor Projects
China’s nuclear regulator has granted Jiangnan Shipyard (Group) Co., Ltd. approval to manufacture and install key civil nuclear safety equipment, a move that could signal progress on a new generation of nuclear-powered maritime platforms, from experimental container ships to polar icebreakers.
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.
From
Mike Schuler
via
gCaptain
Panama Officially Cancels CK Hutchison Port Concessions, Clearing Path for Maersk
Panama on Monday published in its official gazette a Supreme Court ruling canceling key port contracts held by a subsidiary of CK Hutchison, clearing the way for Maersk's APM Terminals to take over temporarily.
From
Jim Wyckoff
via
Barchart
Surging Winter Wheat Prices Are Lifting Grain Futures Across the Board. What to Watch Next.
Wheat prices are set up for chart-based buying early this week. However, uncertainty over Trump’s tariff regime is running hot.