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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
Chris Swift
via
Barchart
Shootin' the Bull about commodities hinged on energy.
Commodities are believed being traded off the price movement of energy, and energy is believed being moved by comments the President made, that are questioned or unable to confirm.
From
Bloomberg
via
gCaptain
Trump Delays Iran Energy Strikes as Confusion Swirls Over ‘Productive’ Talks
President Donald Trump said the US would postpone strikes against Iran’s energy infrastructure after what he called “productive conversations” with the country, in comments that spurred confusion over the participants in the talks and parameters of a deal.
From
Mike Schuler
via
gCaptain
60 Minutes Catches Up to America’s Shipbuilding Crisis Long Flagged by Maritime Industry
The U.S. shipbuilding crisis broke into the national spotlight this week as 60 Minutes took a closer look at the growing gap between American shipyards and their Asian rivals—something maritime industry insiders...
From
Austin Schroeder
via
Barchart
Soybeans Posting Marginal Monday Gains
Soybeans are showing 3 to 6 cent gains at Monday’s midday. The cmdtyView national average Cash Bean price is up 3 3/4 cents at $10.90 1/4. Soymeal futures are down $1.50 to $2, with Soy Oil futures up 7 to 10 points. Early on Monday morning, President Trump put out...
From
Austin Schroeder
via
Barchart
Corn Holding onto Losses at Midday Following Trump Iran Comments
Corn futures are down 3 to 6 cents so far on Monday. The CmdtyView national average Cash Corn price is down 5 3/4 cents to $4.18. Early on Monday morning, President Trump put out a Truth Social post ordering the military to postpone strikes against Iranian power plants and energy...
From
Austin Schroeder
via
Barchart
Wheat Falling Lower on Monday
The wheat complex is holding onto midday losses so far on Monday. Chicago SRW futures are 8 to 9 1/4 cents lower. KC HRW futures are 4 to 5 cents in the red. MPLS spring wheat is fractionally to 2 cents lower at midday. USDA’s FGIS tallied wheat export shipments...
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Austin Schroeder
via
Barchart
Corn Posting Thursday Morning Gains
Corn price action is 4 to 5 cents higher so far on Thursday AM trade. Futures closed out the Wednesday session with contracts 7 to 9 cents higher and some deferred contracts 2 to 4 ¾ cents in the green. Open interest rose 18,163 contracts on Wednesday, mainly in July...
From
Austin Schroeder
via
Barchart
Soybeans Higher to Start Thursday Trade
Soybeans are trading fractionally higher in some front months early on Thursday, as November is up 6 cents. Futures posted 4 ¾ to 10 ¼ cent gains across the front months on Wednesday, as new crop led the charge with the new crop soy/corn ratio creeping towards 2.33. Open interest...
From
Austin Schroeder
via
Barchart
Wheat Pushing Gains to Start Thursday
Wheat is higher across the three markets on Thursday. The wheat complex rallied double digits on the Wednesday session. Chicago SRW futures were 11 to 14 3/4 cents higher on the day. Open interest showed some rotation of ownership, up just 472 contracts. KC HRW futures were 18 1/4 to...
From
Mike Schuler
via
gCaptain
Trump Blames Israel for South Pars Attack, Warns Iran of Massive Retaliation
President Donald Trump on Wednesday warned of overwhelming U.S. retaliation against Iran if attacks on Qatar’s energy infrastructure continue, following a major escalation that has already disrupted global LNG markets. In a...
From
Bloomberg
via
gCaptain
Qatar Reports Extensive Damage at World’s Largest LNG Plant
A Qatari complex housing the world’s largest liquefied natural gas export plant suffered “extensive damage” after a missile strike, hours after Iran threatened energy facilities across the Persian Gulf.
From
Austin Schroeder
via
Barchart
Wheat Closes in Rally Mode on Wednesday
The wheat complex rallied double digits on the Wednesday session. Chicago SRW futures were 11 to 14 3/4 cents higher on the day. KC HRW futures were 18 1/4 to 23 1/4 cents in the green. MPLS spring wheat was up 11 to 13 cents at the close. The next...
From
Austin Schroeder
via
Barchart
Soybeans Post Wednesday Gains
Soybeans posted 4 ¾ to 10 ¼ cent gains across the front months on Wednesday, as new crop led the charge with the new crop soy/corn ratio creeping towards 2.33. The cmdtyView national average Cash Bean price was up 5 cents at $10.87 3/4. Soymeal futures were $4.00 to $10.00...
From
Austin Schroeder
via
Barchart
Corn Rallies on Wednesday
Corn futures closed out the Wednesday session with contracts 7 to 9 cents higher and some deferred contracts 2 to 4 ¾ cents in the green. The CmdtyView national average Cash Corn price was up 9 ¼ cents to $4.20. Crude was up $3.61 on the day and $8 off...
From
Sean Lusk
via
Barchart
Grain Spreads: Bull Being Fed in Wheat
Potential Breakout in the Wheat Complex
From
Walsh Trading
via
Barchart
Chart of the Day - May Soybean Oil
Soybean Oil appears poised for a retracement lower.
From
Mike Schuler
via
gCaptain
Trump Waives Jones Act for 60 Days—Shipping Interests Say It Won’t Help Lower Gas Prices
The White House has approved a 60-day Jones Act waiver, moving forward with a controversial policy that U.S. shipping interests warned just days ago would do little to lower fuel...
From
Chris Swift
via
Barchart
Shootin' the Bull about mounting input costs and questionable consumer demand
Futures traders were able to eke out a positive close on what appeared to be mounting input costs and questionable consumer demand.