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.

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Corn Close Mixed as Ethanol Production Improves
Grain
May 13, 2026
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...
Wheat Posts Modest Correction on Wednesday
Grain
May 13, 2026
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...
Grain Spreads: Funds long 900K in Grain Complex
Grain
May 13, 2026
From 
Sean Lusk
 via 
Barchart

Grain Spreads: Funds long 900K in Grain Complex

Big Long Tested?
Davie Defense Finalizes $3.5 Billion U.S. Coast Guard Arctic Security Cutter Deal
Shipbuilding
May 13, 2026
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...
Shootin' the Bull about a lot of exceptional factors at play
Grain
May 13, 2026
From 
Chris Swift
 via 
Barchart

Shootin' the Bull about a lot of exceptional factors at play

Exceptional volatility and price expanse continued today.
Soybeans Trading with Wednesday Gains Ahead of Trump/Xi Visit
Grain
May 13, 2026
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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U.S. Navy Disables Two More Iranian Tankers as Hormuz Blockade Enforcement Intensifies
News
May 8, 2026
From 
Mike Schuler
 via 
gCaptain

U.S. Navy Disables Two More Iranian Tankers as Hormuz Blockade Enforcement Intensifies

U.S. forces disabled two additional Iranian-flagged oil tankers in the Gulf of Oman on Friday as Washington expanded enforcement of its maritime blockade targeting vessels entering or leaving Iranian ports....
Historic Cold Pushed U.S. Coast Guard Icebreaking Fleet to the Limit in 2026
News
May 8, 2026
From 
Lori Ann LaRocco
 via 
gCaptain

Historic Cold Pushed U.S. Coast Guard Icebreaking Fleet to the Limit in 2026

The icebreaking season for the U.S. Coast Guard was longer this year after a series of storms ravaged the country.
Corn Slipping Back on Friday Morning
Grain
May 8, 2026
From 
Austin Schroeder
 via 
Barchart

Corn Slipping Back on Friday Morning

Corn price action is down 2 cents in the front months so far on Friday morning. Futures posted some strength off early lows on Thursday, as contracts were steady to a penny lower in most front months. A few deferreds closed fractionally higher. Open interest showed continued long liquidation, down...
Wheat Starting Friday Action with Firmer Trade
Grain
May 8, 2026
From 
Austin Schroeder
 via 
Barchart

Wheat Starting Friday Action with Firmer Trade

Wheat is kicking of Friday with modest fractional to 3 cent gains. The wheat complex remained under pressure on Thursday, with the three markets falling into the close. Chicago SRW futures posted losses of 4 ¼ to 8 cents at the Thursday close. There were 12 deliveries issued against May...
Soybeans Showing a Modest Bounce to Start Friday
Grain
May 8, 2026
From 
Austin Schroeder
 via 
Barchart

Soybeans Showing a Modest Bounce to Start Friday

Soybeans are up 2 to 4 cents in the front months on Friday. Futures bounced off the early session lows on Thursday, with contract closing fractionally to 2 ½ cents lower. Open interest suggested a rotation of ownership, up just 165 contracts. There were 100 deliveries issued for May beans...
China Confirms Attack on Oil Tanker in Strait of Hormuz Earlier This Week
Shipping
May 8, 2026
From 
Reuters
 via 
gCaptain

China Confirms Attack on Oil Tanker in Strait of Hormuz Earlier This Week

China's foreign ministry confirmed on Friday that an oil products tanker carrying Chinese crew was attacked in the Strait of Hormuz, and expressed deep concern about vessels affected by the ongoing conflict in the Middle East.
EU Russian Arctic LNG Imports Hit $4.4bn Record Despite Sanctions Measures
News
May 8, 2026
From 
Malte Humpert
 via 
gCaptain

EU Russian Arctic LNG Imports Hit $4.4bn Record Despite Sanctions Measures

European Union imports of Russian Arctic liquefied natural gas from the Yamal LNG project hit a record high in the first four months of 2026, despite the bloc introducing measures intended to curb purchases of Russian fuel.
US, Iran Clash Near Hormuz as Response on Proposed Deal Awaited
Shipping
May 8, 2026
From 
Bloomberg
 via 
gCaptain

US, Iran Clash Near Hormuz as Response on Proposed Deal Awaited

The US and Iran clashed near the Strait of Hormuz, an escalation that threatens to further fracture a fragile ceasefire as the two sides discuss a permanent end to the war.
U.S. Confirms Iranian Attack on U.S. Navy Destroyers in Strait of Hormuz
News
May 7, 2026
From 
Mike Schuler
 via 
gCaptain

U.S. Confirms Iranian Attack on U.S. Navy Destroyers in Strait of Hormuz

Three U.S. Navy destroyers came under missile, drone and small-boat attack while transiting the Strait of Hormuz on Thursday, according to U.S. Central Command. In a statement released Thursday morning,...
Corn Comes Back to Close Near Unchanged
Grain
May 7, 2026
From 
Austin Schroeder
 via 
Barchart

Corn Comes Back to Close Near Unchanged

Corn futures posted some strength off early lows on Thursday, as contracts were steady to a penny lower in most front months. A few deferreds closed fractionally higher. The CmdtyView national average Cash Corn price was down a penny on the day to $4.25 1/2. Despite early talk of easing...
Wheat Holds onto Losses into Thursday’s Close
Grain
May 7, 2026
From 
Austin Schroeder
 via 
Barchart

Wheat Holds onto Losses into Thursday’s Close

The wheat complex remained under pressure on Thursday, with the three markets falling into the close. Chicago SRW futures posted losses of 4 ¼ to 8 cents at the Thursday close. KC HRW futures led the downside charge, down 19 ½ to 21 cents. MPLS spring wheat was down 13...
Soybeans Recover Late on Thursday to Close with Marginal Losses
Grain
May 7, 2026
From 
Austin Schroeder
 via 
Barchart

Soybeans Recover Late on Thursday to Close with Marginal Losses

Soybeans bounced off the early session lows on Thursday, with contract closing fractionally to 2 ½ cents lower. The cmdtyView national average Cash Bean price was down 2 1/4 cents at $11.24 1/4. Soymeal futures were up $1.60 in the front months to 40 cents lower, with Soy Oil futures...