freight rates Archives | Alberta Farmer Express

Loading grain on a vessel at a Burrard Inlet terminal. (Maxvis/iStock/Getty Images)

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 highest levels in over a decade. The Baltic Dry Index (BDI), a major indicator of shipping rates, hit a high of 3,266 points on Wednesday. […] Read more

Crops, Markets

Baltic Dry Index at four-month lows

Declining demand seen from China

By MarketsFarm Team, GFM Network News November 6, 2020

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 the spring when global markets first started reacting to the COVID-19 pandemic. The Baltic Dry Index (BDI), a major indicator of shipping rates, has moved […] Read more

A freighter is loaded with grain from a terminal at Vancouver’s Burrard Inlet. (Maxvis/iStock/Getty Images)

Crops, Markets

Ocean freight rate index moving higher

By MarketsFarm Team, GFM Network News June 15, 2020

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 the COVID-19 pandemic. The Baltic Dry Index (BDI), a major indicator of shipping rates, has moved higher for 12 straight sessions, hitting 973 points on […] Read more

A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)

Barley, Crops, Markets

Feed weekly outlook: Softening barley market to stabilize

By Phil Franz-Warkentin, GFM Network News February 20, 2020

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 to push this thing much higher, and I don’t think the bottom will fall out either. What you see is what you get,” Matt Froehlich, […] Read more

Crops, Markets

Ocean freight rates trending lower

By Phil Franz-Warkentin - MarketsFarm January 6, 2020

MarketsFarm — The Baltic Dry Index has fallen sharply over the past four months, dropping below 1,000 points to start the New Year. A slowdown in iron-ore activity, as high prices have had Chinese mills buying up domestic inventories rather than importing from overseas, accounted for much of the general weakness in the freight sector, […] Read more

Crops, Markets

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, Machinery & Shop, Markets

Baltic Dry Index near 2-1/2-year lows

By Phil Franz-Warkentin - MarketsFarm February 21, 2019

The Baltic Dry Index (BDI) has dropped sharply over the past two months, as declining global demand for commodities — especially from China — weighed on the economic indicator. The BDI, compiled daily by the London-based Baltic Exchange, provides an assessment of the price of moving major raw materials by sea, including grain. The BDI […] Read more

A CN locomotive near Jasper, Alta. (Photo courtesy CN)

Crops, Machinery & Shop

Grain handle drops in CN’s first quarter

By Alberta Farmer Staff April 24, 2018

Reduced traffic in grain, fertilizers and petroleum, against increased costs from “challenging operating conditions,” ate into the first-quarter bottom line for Canadian National Railway (CN). Montreal-based CN on Monday booked net income of $741 million on total revenues of $3.194 billion for its quarter ending March 31, down from $884 million on $3.206 billion in […] Read more

Crops, Machinery & Shop

Senate hands back transport bill, with changes

By Alberta Farmer Staff March 29, 2018

Federal legislation sought by farm groups wanting improvements to rail service for the grain sector is on its way back from the Senate to the House of Commons. Senators on Thursday afternoon passed Bill C-49, the Transportation Modernization Act, on third reading — but with several amendments proposed Wednesday by the standing Senate committee on […] Read more

(Commercial Port of Vladivostok, vmtp.ru)

Crops, Markets

Baltic Dry Index nears four-year highs

By Phil Franz-Warkentin - MarketsFarm December 4, 2017

CNS Canada –– The Baltic Dry Index has climbed sharply over the past two weeks, rising to its highest levels in nearly four years. The BDI settled at 1,662 points on Friday, having gained 300 points since the middle of November. The index was last above 1,600 in January 2014. The BDI is compiled daily […] Read more

U.S. livestock: Live cattle hit two-month high

U.S. ag secretary backs proposed meatpacking investigator

U.S. grains: Soy eases on improved weather view

GFM Network News

U.S. livestock: Live cattle hit two-month high

U.S. ag secretary backs proposed meatpacking investigator

U.S. grains: Soy eases on improved weather view

Tag Archives freight rates

Ocean freight rates at decade highs

Baltic Dry Index at four-month lows

Ocean freight rate index moving higher

Feed weekly outlook: Softening barley market to stabilize

Ocean freight rates trending lower

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

Baltic Dry Index near 2-1/2-year lows

Grain handle drops in CN’s first quarter

Senate hands back transport bill, with changes

Baltic Dry Index nears four-year highs

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