CNS Canada — Ocean freight rates are trending down, but are still well off the record lows seen exactly a year ago. The Baltic Dry Index (BDI), compiled daily by […] Read more
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Tag Archives grain exports
Ocean freight rates pointed down, but well off year-ago lows
U.S. grain exports slide after Trump win batters peso
Chicago | Reuters — Mexican demand for U.S. grain imports has slumped along with the country’s sinking peso as buyers withdrew from the market amid soaring costs in the week […] Read more
U.S. grains: Strong exports support corn, soybeans
Chicago | Reuters — U.S. soybean futures rose to their highest in nearly three weeks on Monday, supported by technical buying and signs of stronger-than-expected export demand, traders said. Overseas […] Read more
Ocean freight index bobs up from recent floor
CNS Canada –– The Baltic Dry Index is finally starting to show some stability after setting fresh record lows on a near-daily basis for the past few months. The BDI […] Read more
StatsCan stocks numbers confirm rapid export pace
CNS Canada — Canada’s grain and oilseed exports appear to be in fine form, based on the latest stocks figures on Thursday morning from Statistics Canada. Stocks of wheat, canola […] Read more
Lower loonie helps farmers, but only so much
CNS Canada — The slumping price of oil continues to weigh on the Canadian dollar, while at the same time providing a boost to Canadian grain prices. Out-of-country buyers tend […] Read more
Devalued Argentine peso seen spurring grain exports
Buenos Aires | Reuters — The currency devaluation set to kick off in Argentina on Thursday is expected to pump millions of tonnes of pent-up grains supply into the international […] Read more
Baltic Dry Index hits record low
The Baltic Dry Index fell to its lowest levels ever on Friday, which bodes well for the competitiveness of Canadian grain exports. The BDI, a gauge of global ocean freight […] Read more
U.S. grains: Wheat eases off four-week high on export slump
Chicago | Reuters — U.S. wheat eased off a four-week high on Thursday amid disappointing export sales and forecasts for more rain relief in dry U.S. growing belts, which offset […] Read more
Russia, Ukraine may cut grain crop forecasts as temperatures rise
Moscow/Kiev | Reuters — Major Black Sea wheat exporters Russia and Ukraine may cut their official 2015 grain crop forecasts as recent hot weather has raised the risks to plants […] Read more
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