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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
Darren Carlat
via
Barchart
Soybean Oil calendar spread and a Robusta Coffee calendar spread
Soybean Oil has a maximum score of 10, indicating that CTAs are fully invested and have little trading capital to add to existing longs. In addition, the RSI score is 63 and amongst the strongest in the ag complex. Scores approaching 70 have a high likelihood of reversal.
From
Brady Sidwell
via
Barchart
Easter rains are a welcome blessing
USDA Cattle-on-Feed released Thursday
From
Mike Schuler
via
gCaptain
USTR Proposes 100% Tariffs on Chinese Ship-to-Shore Cranes and Cargo Handling Equipment
Alongside sweeping action on port fees for Chinese-built and operated ships, the United States Trade Representative has announced potential significant measures targeting China’s dominance in maritime infrastructure, proposing tariffs of...
From
Mike Schuler
via
gCaptain
Trump Launches Ambitious New Offshore Oil and Gas Leasing Program, Establishes High Arctic Planning Area
The Department of the Interior has initiated the development of the 11th National Outer Continental Shelf (OCS) Oil and Gas Leasing Program, marking a significant shift in U.S. offshore energy...
From
Bloomberg
via
gCaptain
Trump Moves to Levy Chinese Vessels in Widening Trade War
The Trump administration took steps to impose levies on Chinese vessels docking at US ports, threatening to shake up global shipping routes and escalate the trade war between the world’s two biggest economies.
From
Reuters
via
gCaptain
U.S. Launches Deadliest Strike on Yemen’s Ras Isa Fuel Terminal
ADEN/WASHINGTON, April 17 (Reuters) – U.S. strikes on Yemen’s Ras Isa fuel terminal on the Red Sea coast have killed at least 74 people in the deadliest attack since the U.S. started its...
From
Mike Schuler
via
gCaptain
USTR’s New Maritime Fee Regime Sparks Industry Pushback
Liner shipping association the World Shipping Council (WSC) has raised significant concerns about the newly announced U.S. Trade Representative port fee regime, warning of potential adverse effects on American trade...
The APS Information Center
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From
Austin Schroeder
via
Barchart
Corn Sneaking Out Gains on Friday Morning
The corn market is showing 2 to 3 cent gains across most contracts on Friday morning. Corn futures continued to rally on Thursday after the USDA data released, with front months leading the way with 7 to 9 cent gains. New crop was up 3 to 4 cents. Preliminary open...
From
Darin Newsom
via
Barchart
Is New Buying Driving the Rally in Soybean Futures?
While this week's rally in the soybean futures market has been impressive, and certainly got a lot of folks excited, has the market actually turned bullish?
From
Nick Ehrenberg
via
Barchart
Corn Short Term Trend Turns Positive, New 504.75 Target
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
From
Austin Schroeder
via
Barchart
Wheat Falls as USDA Raises Stocks Estimate
The wheat complex gave into the bears on Thursday, falling lower across the three exchanges, as the USDA was a little more bearish this morning. Chicago SRW futures were back down 2 to 5 cents in the front months. Kansas City HRW contracts were 7 to 10 cents lower on...
From
Austin Schroeder
via
Barchart
Soybeans Extend Rebound on Thursday
The soybean market posted Thursday gains of 7 to 17 cents across most contracts at the close, following the USDA data release. CmdtyView’s national front month Cash Bean price was up 17 cents at $9.76 3/4. Soymeal futures were up $2.10to $3.50/ton, with Soy Oil futures closing 4 to 13...
From
Austin Schroeder
via
Barchart
Corn Rallies As USDA Cuts Stock Estimate
Corn futures continued to rally on Thursday post-USDA data released, with front months leading the way with 7 to 9 cent gains. New crop was up 3 to 4 cents. The front month CmdtyView national average Cash Corn price was up 9 1/4 cent at $4.55 3/4. Export Sales data...
From
Mike Schuler
via
gCaptain
U.S. Treasury Exposes UAE-Based Iranian Oil Smuggling Fleet, Sanctions 30 Tankers
The U.S. Department of the Treasury has unveiled sanctions against a sophisticated maritime network responsible for smuggling hundreds of millions of dollars worth of Iranian petroleum, targeting UAE-based shipping magnate...
From
Chris Swift
via
Barchart
Shootin' the Bull about Feed Yards
Finally, feed yards and cattle feeders may be taking matters into their own hands. Lower bids are surfacing at sale barns. This will help, but if some rumors of feed yards cutting a percentage of capacity is true, that would do more good than anything to lower the price of feeder cattle.
From
Oliver Sloup
via
Barchart
Grain Markets Rally Post WASDE, While Cattle Retreat with Outside Markets
Grain markets were mostly higher in Thursday’s trade following a fairly friendly report, for corn in particular. Cattle futures continued to struggle in the midst of a risk off trade in the outside markets
From
Mike Schuler
via
gCaptain
Trump Executive Order Echoes SHIPS Act in Bid to Reclaim Maritime Dominance
President Donald Trump signed an executive order on Wednesday aimed at revitalizing the U.S. maritime and shipbuilding industries to counter China’s dominance in the sectors. The executive order aligns with...
From
Austin Schroeder
via
Barchart
Soybeans Extending Gains on Thursday
Soybeans are holding onto the Thursday gains, as contracts are up 6 to 12 cents so far at midday. CmdtyView’s national front month Cash Bean price is up 11 cents at $9.70 3/4. Soymeal futures are up $1.30/ton, with Soy Oil futures 9 points lower. USDA reported 2024/25 soybean sales...
From
Austin Schroeder
via
Barchart
Wheat Leaking Lower as USDA Boosts US Carryout
The wheat complex is falling lower across the three exchanges on Thursday, as the USDA was a little more bearish on the wheat side of their data this morning. Chicago SRW futures are back down 3 to 5 cents in the front months at midday. Kansas City HRW contracts are...