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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 Hold Gains into Wednesday’s Close as the Market Looks to Trump/Xi Meeting
Soybeans saw modest strength on Wednesday, with contracts closing fractionally to 3 cents higher on the day. The cmdtyView national average Cash Bean price was up 3 1/4 cents at $11.64. Soymeal futures were the supportive product, up $4.40 to $10.10, with Soy Oil futures falling into the close, down...
From
Austin Schroeder
via
Barchart
Corn Close Mixed as Ethanol Production Improves
Corn futures posted mixed action at the Wednesday close, with contracts within a penny of either side of unchanged. The CmdtyView national average Cash Corn price was up a penny to $4.40. The NOAA 7-day QPF shows expected precipitation totals aof 1 to 3 inches across much of the Corn...
From
Austin Schroeder
via
Barchart
Wheat Posts Modest Correction on Wednesday
The wheat complex followed Tuesday’s limit gains with the three exchanges lower on Wednesday. Chicago SRW futures closed with contracts steady to 3 ½ cents lower. KC HRW futures were down 4 ¾ to 7 ¾ cents at the close. MPLS spring wheat was down 4 to 4 ¼ cents...
From
Mike Schuler
via
gCaptain
Davie Defense Finalizes $3.5 Billion U.S. Coast Guard Arctic Security Cutter Deal
The U.S. Coast Guard’s ambitious Arctic fleet expansion took another major step forward Wednesday as Davie Defense announced it has finalized a $3.5 billion contract to build five new Arctic...
From
Chris Swift
via
Barchart
Shootin' the Bull about a lot of exceptional factors at play
Exceptional volatility and price expanse continued today.
From
Austin Schroeder
via
Barchart
Soybeans Trading with Wednesday Gains Ahead of Trump/Xi Visit
Soybeans are posting with 4 to 7 cent gains across most contracts on Wednesday. The cmdtyView national average Cash Bean price is up 6 1/4 cents at $11.67. Soymeal futures are up $6.10 to $8.10, with Soy Oil futures 48 points lower in the July contract. President Trump landed in...
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From
Austin Schroeder
via
Barchart
Corn Posting Midday Gains on Monday
Corn futures are trading with contracts up 4 to 5 ½ cents across the nearbys on Monday. The CmdtyView national average Cash Corn price is up 4 1/2 cents to $4.34 1/4. USDA reported a couple private export sales of corn this morning, with 380,000 MT (220,000 MT for 2025/26...
From
Mike Schuler
via
gCaptain
Aramco Ramped East-West Pipeline to Maximum as Hormuz Shipping Crisis Deepened
Saudi oil giant Saudi Aramco says the Strait of Hormuz disruption has become a stark reminder of how dependent the global economy remains on reliable energy supplies, with the company revealing it...
From
Bloomberg
via
gCaptain
U.S. Navy Faces Rising Costs for Hormuz Missions With Strait Still Blocked
As long as the Strait of Hormuz remains unsettled, the US Navy faces millions of dollars in extra costs each time it sends a destroyer through the waterway, and such passages on their own are unlikely to reopen it.
From
Mike Schuler
via
gCaptain
Fincantieri Raises 2026 Outlook as Backlog Hits Record
Italian shipbuilding giant Fincantieri reported a record backlog and stronger profitability in the first quarter of 2026, underscoring continued strength in the cruise and naval shipbuilding markets even as defense revenues normalized...
From
Mike Schuler
via
gCaptain
NORDEN Warns Hormuz Disruption Is Creating a ‘Two-Tier’ Tanker Market
Danish shipping giant D/S NORDEN says the ongoing Persian Gulf conflict and disruption to the Strait of Hormuz are having sharply different effects across global shipping markets, hammering dry cargo operations while...
From
Brady Sidwell
via
Barchart
Choppy markets after recent highs and Iran deal oscillation
USDA Grain Reports on Tuesday at 11 AM CDT
From
Darin Newsom
via
Barchart
Could a Seasonal Change Be Seen In Grains?
Once we get past the second weekly close of May, seasonal patterns change for the Grains sector.
From
Eugene Graner
via
Barchart
December Corn Can
December corn pulled back after a strong breakout rally earlier this year, but the Eugene still believes there is more upside ahead. Strong export demand, possible Chinese corn buying, concerns about planting conditions, and potential acreage reductions on the June 30 report could all support prices. He believes December corn could still move back above $5.10 and possibly higher.
From
Trent Klarenbach
via
Barchart
Commodity Futures: Mastering Calendar Spread Trading
Introducing The Spread Trader, a new series for The Klarenbach Grain Report. Brent Futz breaks down grain calendar spreads and commodity futures strategies.
From
Jim Wyckoff
via
Barchart
Soybean Meal Prices Are Starting to Catch Up Amid Inflation Fears, Food Shortages. How to Trade Them Here.
July soybean meal futures present a buying opportunity on more price strength.
From
Austin Schroeder
via
Barchart
Wheat Trading with Monday Morning Gains
Wheat is higher across the board early on Monday. The wheat complex is trading with gains across the three markets on Friday. Chicago SRW futures were up 5 3/4 to 7 3/4 cents higher to round out the week, with July down 18 ¾ cents from last Friday. Open interest...
From
Austin Schroeder
via
Barchart
Corn Poppin Higher Early on Monday
Corn price action is up 3 to 4 ¾ cents in the front months. Futures closed the Friday session with contracts up 3 to 4 ½ cents across the board, as July was down 9 cents on the week, with December losing 5 ½ cents. Preliminary open interest was up...