grain freight Archives | Canadian Cattlemen

Ocean freight index hits five-and-a-half year highs

By Phil Franz-Warkentin - MarketsFarm July 16, 2019

MarketsFarm — The Baltic Dry Index (BDI) has steadily increased over the past few months, hitting its highest levels in five-and-a-half years. The BDI settled Tuesday at 2,011 points, the highest level for the ocean freight rate indicator since January 2014. The BDI has been on a steady uptrend since hitting a two-and-a-half year low […] Read more

Crops, Markets

Commodities firm INTL FCStone enters Canadian market

By GFM Staff June 18, 2019

Already handling ag commodities via partners north of the border, U.S. commodities brokerage and financial services firm INTL FCStone is bringing its own name into the Canadian market. The New York firm announced Tuesday it became a member of the Investment Industry Regulatory Organization of Canada (IIROC) effective May 17, clearing the company to offer […] Read more

Crops, Machinery

CTA to bump up Prairie grain freight cost index

By Canadian Cattlemen Staff April 25, 2018

Fuel and infrastructure improvements are expected to push up the cost of railroading and, in turn, the index guiding how much money Canada’s big two railways get to keep from hauling Prairie grain in the next crop year. The Canadian Transportation Agency (CTA) on Wednesday announced it will set the volume-related composite price index (VRCPI) […] Read more

Crops, Machinery

Extensions sought for interim grain freight measures

By Canadian Cattlemen Staff May 13, 2017

Not expecting federal grain transport reforms to take effect until this fall at the earliest, several Prairie grain grower groups want to see an extension of the previous government’s interim rules and penalties for railways in the meantime. A proposed “Transportation 2030” package of rail reforms, pledged last November by Transport Minister Marc Garneau, is […] Read more

Crops, Pulses

Rail interswitching rule seen already paying dividends

By Canadian Cattlemen Staff April 19, 2016

A 2014 federal rule that expanded rail options for some Prairie grain shippers has already made for more competitive freight rates and service and should be renewed this summer, commodity groups say. Pulse Canada, Grain Growers of Canada and Alberta’s crop commissions on Tuesday called on the federal government to extend provisions from the previous […] Read more

Crops

Red pens come out for postmortem report on CWB era

By Canadian Cattlemen Staff April 16, 2016

A researcher working for a group calling for the return of single desk marketing misinterpreted data in former Canadian Wheat Board annual reports to conclude the board paid lower rates for shipping grain. Several sources, including a former Canadian Wheat Board director, say University of Saskatchewan Ph.D. candidate Laura Larsen used an inaccurate comparison in […] Read more

Crops, Machinery

CN’s 2015 grain handle down, grain revenue up

By Canadian Cattlemen Staff January 26, 2016

Canadian National Railway’s (CN) fourth-quarter and full-year ledgers show lower traffic, but increased revenue, from its grain and fertilizer business in 2015, en route to record full-year earnings. Montreal-based CN on Tuesday reported overall net income of $3.538 billion on $12.611 billion in total revenues for 2015, up from $3.167 billion on $12.134 billion for […] Read more

Crops, Markets

Ocean freight cost index breaks another floor

By Phil Franz-Warkentin - MarketsFarm January 13, 2016

CNS Canada — The Baltic Dry Index (BDI) continues its downward slide, dropping below 400 points for the first time ever as ocean freight rates struggle to find their bottom. The BDI was quoted at 394 points on Wednesday, marking a new low since records began in 1985. The index was trading above 1,200 as […] Read more

Crops, Markets

Bulk shipping cost index sinks to 30-year lows

By Phil Franz-Warkentin - MarketsFarm February 10, 2015

CNS Canada –– The Baltic Dry Index, which tracks global bulk shipping rates, has fallen to its lowest levels in 30 years, which should make North American grains and oilseeds more competitive in the international market. The index (BDI) was quoted Monday at 554 points, the lowest reading since records start in 1985. The index […] Read more

Prairie livestock vet named B.C.’s chief veterinarian

U.S. livestock: Hog futures weaken, cattle futures advance

Beef Breeds Council becomes arm of CCA

GFM Network News

Prairie livestock vet named B.C.’s chief veterinarian

U.S. livestock: Hog futures weaken, cattle futures advance

Beef Breeds Council becomes arm of CCA

Tag Archives grain freight

Ocean freight index hits five-and-a-half year highs

Commodities firm INTL FCStone enters Canadian market

CTA to bump up Prairie grain freight cost index

Extensions sought for interim grain freight measures

Rail interswitching rule seen already paying dividends

Red pens come out for postmortem report on CWB era

CN’s 2015 grain handle down, grain revenue up

Ocean freight cost index breaks another floor

Bulk shipping cost index sinks to 30-year lows

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