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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 Close with Losses on Tariff Risks
Soybeans closed the Thursday session with losses of 18 to 20 cents after a gap lower at the open. CmdtyView’s national front month Cash Bean price is down 17 3/4 cents at $9.54 1/4. Soymeal futures were up 40 cents $2.40/ton, with Soy Oil futures back down 109 to 144...
From
Austin Schroeder
via
Barchart
Wheat Closes Mixed on Thursday
Wheat futures took back most of the overnight weakness, with contracts closing mixed across the three exchanges. Chicago SRW futures were down 2 to 4 cents to close out the day. Kansas City HRW contracts were fractionally to 2 cents in the green on the day. MPLS spring wheat posted...
From
Austin Schroeder
via
Barchart
Corn Closes With Mixed Action on Thursdays
Corn bulls pushed back on Thursday, coming off overnight lows and closing with front months fractionally mixed and new crop December down 1 ¼ cents. are well off their overnight lows. The CmdtyView national average Cash Corn price was down 1/4 cent on the day at $4.27 1/4. Wednesday’s “Liberation...
From
Ira Breskin
via
gCaptain
‘Worse Than Covid’: Trump’s Port Fee Plan Could Upend U.S. Shipping Schedules
Shipping industry executives are considering options to address Trump administration policy changes, under consideration or enacted, that could significantly disrupt operations, speakers said here this week at the 40th annual Connecticut Maritime Association annual meeting.
From
Ben DiCostanzo
via
Barchart
Cattle Markets Crash
Tariff news pressures markets as recession fears build
From
Mike Schuler
via
gCaptain
Seaspan Cuts Steel on Advanced Polar Icebreaker for Canadian Coast Guard
Seaspan Shipyards began construction today on what will become the most capable vessel in the Canadian Coast Guard’s fleet – a new heavy polar icebreaker, marking the country’s first such...
From
Chris Swift
via
Barchart
Shootin' the Bull about a great deal of volatility
A great deal of reality versus expectations will be played out over the next couple of weeks.
The APS Information Center
For detailed updates and additional resources, explore our resources section.
From
Austin Schroeder
via
Barchart
Corn Gaps Lower on Tariffs
Corn price action is starting off Thursday with early losses of 6 to 8 cents so far. Futures closed the Wednesday session with contracts fractionally lower in some new crop months to as much 4 cents in the red for nearbys as traders were preparing for the tariffs released after...
From
Bloomberg
via
gCaptain
Oil Traders Shun China-Made Ships for US Flows on Trump Levies
Oil traders looking to book ships that call at US ports are trying to avoid Chinese-built vessels, after President Donald Trump proposed hefty fees on them in a bid to revive American shipbuilding.
From
Austin Schroeder
via
Barchart
Wheat Mixed at Wednesday’s Close
Wheat posted mixed trade at Wednesday’s close, as contracts were higher in the KC market but lower in the others. Chicago SRW futures saw losses of 1 to 2 cents on the day. Kansas City HRW contracts settled with 3 to 4 cent gains on Wednesday. MPLS spring wheat was...
From
Austin Schroeder
via
Barchart
Soybeans Slip Lower on Wednesday, with Reciprocal Tariffs Announced
Soybeans pulled off the lows on Wednesday, but still closed in the red, down 2 to 5 cents. CmdtyView’s national front month Cash Bean price was down 5 cents at $9.73. Soymeal futures were down $3.20 to $5.10/ton at the close, with Soy Oil futures up another 66 to 111...
From
Austin Schroeder
via
Barchart
Corn Fall on Wednesday as Liberation Day Tariffs Announced
Corn futures closed the midweek session with contracts fractionally lower in some new crop months to as much 4 cents in the red for nearbys. The CmdtyView national average Cash Corn price was down 3 3/4 cents on the day at $4.27 1/2. President Trump’s “Liberation Day” tariffs came with...
From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
New Seasonal/Contract Highs for the Fats - Now Can It Break. Soybean Oil Making New Contract Highs as Well.
From
Mike Schuler
via
gCaptain
Trump Drops Tariff Bomb On All U.S. Imports and Higher Reciprocal Rates
President Donald Trump said on Wednesday that he would impose a 10% baseline tariff on all imports to the United States and higher duties on some of the country's biggest trading partners, in a move that ratchets up a trade war that he kicked off on his return to the White House.
From
Sean Lusk
via
Barchart
Grain Spreads: Funds Potentially Record Short Meal
Over 100K Net Short Possible
From
Mike Schuler
via
gCaptain
IMO Prepares to Finalize Decarbonization Framework That Could Reshape Global Shipping
The International Maritime Organization (IMO) is preparing to finalize crucial greenhouse gas (GHG) reduction measures at its upcoming Marine Environment Protection Committee meeting (MEPC 83) in London. The high-stakes meeting,...
From
Mike Schuler
via
gCaptain
Stena Immaculate Crew Praised After Fiery Collision at Anchor
The crew of the U.S.-flagged tanker Stena Immaculate demonstrated exceptional professionalism when their vessel was struck by the containership Solong off Britain’s east coast on March 10, preventing what could...
From
Austin Schroeder
via
Barchart
Soybeans Still Weaker on Wednesday
Soybeans are trading with midday weakness on Wednesday, as contract are down 2 to 6 cents. CmdtyView’s national front month Cash Bean price is down 6 1/4 cents at $9.72 ¾. Soymeal futures are down$4.50/ton, with Soy Oil futures up another 79 points so far on the day. USDA reported...
From
Austin Schroeder
via
Barchart
Wheat Mixed at Midday
Wheat is trading with mixed action on Wednesday. Chicago SRW futures are posting midday losses of 1 to 2 cents. Kansas City HRW contracts are trading with 3 to 5 cent gains so far. MPLS spring wheat is 1 to 2 cents lower at midday. USDA’s Export Sales report is...