(PortoDoItaqui.ma.gov.br)

Smaller vessels bump up ocean freight index

Reuters — The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, marginally rose on Friday on improved rates for smaller vessels. The overall Baltic Dry Index (BDI), which gauges the cost of shipping resources including iron ore, cement, grain, coal and fertilizer, rose for the sixth consecutive session by […] Read more




(Dave Bedard photo)

Crude’s slide hampers demand for Canadian biofuel

CNS Canada — The trickle-down effect of slumping crude oil prices is being felt in the Canadian biofuel market and softening demand for corn and soybeans. Traditionally, ethanol is cheaper than gasoline, which encouraged processors to blend more than the mandated amount, according to Andrea Kent, president of the Canadian Renewable Fuels Association (CRFA). “When […] Read more


VIDEO: e-QuipTV: “Big Roy” 2, the restoration continues

VIDEO: e-QuipTV: “Big Roy” 2, the restoration continues

Soon-to-be-completed restoration will see the big Versatile returned to the Manitoba Agricultural Museum in Austin

Grainews returns to Versatile’s R&D shop in Winnipeg to check in on Big Roy’s progress, and we talk to Adam Reid, Versatile’s marketing manager, about what else the company has in store for its 50th anniversary celebrations. Video editing by Greg Berg.

(Commercial Port of Vladivostok, vmtp.ru)

Baltic index slips to fresh low, demand concerns persist

Reuters — The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, slipped to another all-time low Tuesday on worries about vessel oversupply and slowing global demand. The overall index, which gauges the cost of shipping dry bulk including iron ore, cement, grain, coal and fertilizer, fell four points or […] Read more


The Big River Resources ethanol plant at West Burlington, Iowa, about 120 km southwest of Davenport. (Steven Vaughn photo courtesy ARS/USDA)

Cruz’s Iowa victory could show Big Corn’s waning influence

New York | Reuters — U.S. Republican presidential candidate Ted Cruz’s victory on Monday in corn-rich Iowa could represent a major blow to the country’s controversial biofuels program, reflecting its waning influence over politicians even in the U.S. farm heartland. Cruz, a conservative senator from Texas and outspoken opponent of the Renewable Fuel Standard (RFS), […] Read more

(CN.ca)

CN to challenge latest grain revenue penalty

Ordered to hand over more than $7 million in Prairie grain handling revenue and related fines for the 2014-15 crop year, Canadian National Railway now plans to challenge the bill in court. Montreal-based CN on Monday filed in the Federal Court of Appeal, seeking leave to appeal the Canadian Transportation Agency’s (CTA) Dec. 29 finding […] Read more


(Baywa.com)

German regulator investigates possible tractor cartel

Duesseldorf | Reuters –– Germany’s anti-trust regulator said Friday it was investigating a possible cartel of companies making agricultural machinery, particularly tractors. It did not name any targets of the probe. German agricultural trading group Baywa said the cartel office had searched its headquarters earlier this week on suspicion that some of its employees were […] Read more

(Dave Bedard photo)

CP cuts raise worry over potential slowdown

CNS Canada –– Canadian Pacific Railway’s decision to cut 1,000 jobs has caught the attention of two Prairie farm leaders. Norm Hall, president of Agricultural Producers Association of Saskatchewan, worries the move is short-sighted and may catch up with the railway in months and years to come, when commodity prices catch fire again. “You dump […] Read more