MarketsFarm — Ocean freight rates have shown some strength over the past two months, with the Baltic Dry Index (BDI) at its highest level of the past year. The BDI, […] Read more
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Tag Archives freight rates
Bulk ocean freight at highest level of past year
Container freight rates seen softening
Rail interswitching expansion pilot clears Parliament
Grain handlers to press for plan to be made permanent
Last week’s passage of the 2023 federal budget starts a 90-day countdown toward an 18-month test of expanded interswitching on railways in the three Prairie provinces. Bill C-47, the government’s […] Read more
Loss of Black Sea grain deal not seen as threat to global supplies, for now
Alternate routes exist but would be more expensive
Geneva | Reuters — The end of the Black Sea grain deal would not pose an immediate threat to the world market as Ukraine would still be able to export […] Read more
Railways push back on feds’ proposed interswitching revival
Railways also oppose ban on replacement workers
With Easter less than two weeks away, an Easter egg in the federal government’s 2023 budget calls for a new pilot program to again provide Prairie grain shippers with extended […] Read more
Argentina grains truck activity rebounds after strike lifted
Buenos Aires | Reuters — Argentine grains trucking activity has rebounded to near normal levels after a major strike last week, according to transport data and port sources, a relief […] Read more
Baltic Dry Index hits 12-year high
Canadian grain exports slow either way
MarketsFarm — Strong demand to move cargo coupled with weather-related shipping constraints in a number of key corridors has helped take ocean freight rates to their highest levels in more […] Read more
Ocean freight rates at decade highs
MarketsFarm — Ocean freight rates have climbed steadily higher over the past year, recovering from the lows hit at the start of the pandemic in early 2020 to see their […] Read more
Baltic Dry Index at four-month lows
Declining demand seen from China
MarketsFarm — Ocean freight rates have fallen off of their highs of the past year over the course of the past month, but remain well above the lows hit in […] Read more
Ocean freight rate index moving higher
MarketsFarm — Ocean freight rates have shown steady gains over the past month, rising to some of their highest levels of 2020 as world economies show signs of recovery amid […] Read more
Feed weekly outlook: Softening barley market to stabilize
MarketsFarm — Feed barley bids in Western Canada have softened over the past few weeks, but should stabilize as the spring approaches. “I don’t think there’s a lot of potential […] Read more