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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 Bulls Bounce Back into Friday’s Close
Corn 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. The CmdtyView national average Cash Corn price was up 3 3/4 cents to $4.30 3/4. The weekly CFTC...
From
Bloomberg
via
gCaptain
Trump’s Iran Strategy Collides with Hormuz Reality
President Donald Trump has changed his approach as he tries to end the war against Iran: reopen the Strait of Hormuz at all costs and leave thorny negotiations on Tehran’s nuclear and ballistic missile programs until later.
From
Ben DiCostanzo
via
Barchart
Cattle Futures Weaken While Cash Prices Surge
Futures sink while cash swims
From
Chris Swift
via
Barchart
Shootin' the Bull about doing whatever it takes
Cattlemen continue to bid whatever price necessary to bring inventory home. That appears the simplest part of the equation.
From
Mike Schuler
via
gCaptain
Alaska Mega-Tsunami Raises Alarm for Cruise Ships in Glacier Fjords
A massive landslide in Alaska’s Tracy Arm fjord triggered one of the tallest tsunamis ever recorded, sending water 481 meters—about 1,578 feet—up the opposite wall of the fjord in what...
From
Carley Garner
via
Barchart
Strategy Idea...Lock in $5 corn
DeCarley Perspective: Strategy Idea...Lock in $5 corn. Deferred commodity months are a smoother ride at higher prices.
From
Austin Schroeder
via
Barchart
Corn Taking Back Some Losses into Friday’s Midday
Corn futures are trading with 3 to 5 cent gains most contracts on Friday. The CmdtyView national average Cash Corn price is up 4 ¼ cents to $4.30. USDA’s Export Sales data has marketing year corn export commitments at 77.063 MMT, a 28% increase from the same period last year....
From
Austin Schroeder
via
Barchart
Soybeans Back to Higher Trade on Friday
Soybeans are trading with 16 to 17 cent gains in front months on Friday. There were 100 deliveries issued for May beans overnight. The cmdtyView national average Cash Bean price is up 17 cents at $11.42 3/4. Soymeal futures are up $1.50 to $2, with Soy Oil futures up 40...
From
Austin Schroeder
via
Barchart
Wheat Bouncing on Friday
The wheat complex is trading with gains across the three markets on Friday. Chicago SRW futures are up 4 to 7 cents higher to round out the week. KC HRW futures are 4 to 9 cents in the green so far on Friday. MPLS spring wheat is trading with 5...
From
Bloomberg
via
gCaptain
Trump’s Feud With Germany’s Merz Puts EU Trade Deal on Edge
(Bloomberg) — Donald Trump’s rift with Friedrich Merz is complicating the European Union’s push to finish its US trade deal before fresh tariffs arrive. The US president was reluctant on...
From
Mike Schuler
via
gCaptain
U.S. Import Slowdown Deepens as Retailers Pull Back Amid Iran Crisis
U.S. container imports are expected to remain weaker than last year through at least early fall despite a temporary rebound in May and June, according to new projections from the...
From
Bloomberg
via
gCaptain
Iran Detains ‘Ocean Koi’ Tanker Apparently Hauling Iranian Oil
Iran said it seized a tanker in the Gulf of Oman, which appeared to be a sanctioned vessel carrying the Islamic Republic’s own oil.