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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
Supreme Court Strikes Down Trump’s Global Tariffs in 6–3 Ruling
The U.S. Supreme Court struck down on Friday President Donald Trump's sweeping tariffs that he pursued under a law meant for use in national emergencies, rejecting one of his most contentious assertions of his authority in a ruling with major implications for the global economy.
From
Reuters
via
gCaptain
Trump Slaps 10% Global Tariff Using New Trade Law After Supreme Court Defeat
U.S. President Donald Trump said on Friday that he would impose a 10% global tariff for 150 days to replace some of his emergency duties that were struck down by the U.S. Supreme Court.
From
Mike Schuler
via
gCaptain
Trump Administration Advances Third ‘Big Beautiful’ Gulf Lease Sale as Offshore Program Gains Momentum
The Bureau of Ocean Energy Management announced Wednesday it will auction approximately 80.4 million acres of federal waters in the Gulf of America in August, marking the third offshore oil and gas lease sale under the Trump administration's accelerated energy development program.
From
Austin Schroeder
via
Barchart
Wheat Rally Leading the Grain Bull’s Charge on Friday
The wheat complex is in rally mode so far on Friday. Chicago SRW futures are posting 13 to 14 cent gains at the midday portion of the session. KC HRW futures are 12 to 13 1/4 cents higher on Friday. MPLS spring wheat is 7 to 8 cents in the...
From
Austin Schroeder
via
Barchart
Corn Pushing Higher on Friday, with Help from Wheat
Corn futures are showing gains of 1 to 3 ¾ cents so far on Friday. March options expire today. Spillover support from double digit gains in wheat is helping. The CmdtyView national average Cash Corn price is up 1 3/4 cent to $3.94 1/4. With just a little over a...
From
Austin Schroeder
via
Barchart
Soybeans Slipping Following Supreme Court Ruling
Soybeans are showing 2 to 3 ½ cent losses at Friday’s midday. The cmdtyView national average Cash Bean price was up 7 1/2 cents at $10.76 1/2. Soymeal futures are rallying $5.90 to $6.10 in the front months, with Soy Oil futures 81 to 87 points lower. We are closing...
From
Bloomberg
via
gCaptain
Surging Oil Tanker Rates Tipped to Go Even Higher on Iran Risk
The cost to hire oil supertankers could be headed for the highest levels this decade on the growing risk of a major US attack on Iran, and as ownership of the vessels becomes more concentrated.
From
Bloomberg
via
gCaptain
China Snaps Up Distressed Russian Oil Cargoes Shunned by India
Chinese refiners are snapping up Russian oil that India is shunning, helping Moscow to overcome a dip in purchases by the country that’s normally its biggest buyer of seaborne barrels.
From
Reuters
via
gCaptain
Supreme Court Strikes Down Trump’s Global Tariffs in 6–3 Ruling
The U.S. Supreme Court struck down on Friday President Donald Trump's sweeping tariffs that he pursued under a law meant for use in national emergencies, rejecting one of his most contentious assertions of his authority in a ruling with major implications for the global economy.
From
Mike Schuler
via
gCaptain
Canada, South Korea Partner to Rebuild Great Lakes Shipbuilding and Train Submarine Workforce
A major new partnership between South Korea’s Hanwha Ocean and Ontario Shipyards aims to bring large-scale shipbuilding back to Canada’s Great Lakes — while building the skilled workforce needed to support future submarine construction....
From
Andrew Hecht
via
Barchart
Can Soybeans Continue to Rally?
Soybean futures have taken off on the upside, with the price of beans for March delivery rising above $11 per bushel. As the 2026 crop year in the Northern Hemisphere approaches, soybeans are in a bullish trend.
From
Bloomberg
via
gCaptain
India Grants One-Month Extension to Russian Marine Insurers
India temporarily extended permission for four Russian insurers to cover tankers calling at its ports, as the government seeks to sustain crude imports while also managing US pressure to end shipments from Moscow.