ocean freight Archives | Alberta Farmer Express

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

By Phil Franz-warkentin 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

Canola, Crops, Markets, Weather

Canadian canola could make its way into Australia

By Ashley Robinson - MarketsFarm September 28, 2018

CNS Canada — A potential shortage of canola on Australia’s east coast has the oilseed industry there musing about the potential of importing Canadian canola to keep processing plants going. A story Tuesday on the Australian website Farm Online quoted Australian Oilseeds Federation CEO Nick Goddard as explaining the potential for Canadian canola to make […] Read more

Crops, Machinery & Shop, Markets

Baltic Dry Index hits three-year highs

By Phil Franz-Warkentin - MarketsFarm September 12, 2017

CNS Canada — The Baltic Dry Index has seen some strength over the past two months, rising to its highest levels in nearly three years. The BDI settled Monday at 1,355 points, having gained roughly 500 points over the past two months. The index was last this high in November 2014. The BDI is compiled […] Read more

Crops, Machinery & Shop

Baltic Dry Index hits two-year highs

By Phil Franz-Warkentin - MarketsFarm March 28, 2017

CNS Canada — Ocean freight rates are trending higher, with the Baltic Dry Index (BDI) hitting its highest level of the past two years on Tuesday. 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. It was quoted Tuesday at […] Read more

Crops

Ocean freight rates pointed down, but well off year-ago lows

By Phil Franz-Warkentin - MarketsFarm February 10, 2017

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 the London-based Baltic Exchange, provides an assessment of the price of moving major raw materials by sea, including grain. The BDI was quoted at 702 […] Read more

Crops, Markets

Baltic Dry Index hits highest levels in nearly two years

By Phil Franz-Warkentin - MarketsFarm November 18, 2016

CNS Canada — The Baltic Dry Index has posted sharp gains over the past month, rising to its highest levels in nearly two years. The BDI settled at 1,257 points on Friday, having gained roughly 400 points over the past two weeks. The index was last this high in November 2014, and has shown steady […] Read more

Crops, Markets

Baltic Dry Index edging higher

By Phil Franz-Warkentin - MarketsFarm July 6, 2016

CNS Canada — The Baltic Dry Index is edging back to levels not seen in over two months, and could be due for more strength, as seasonal trends often see the index rise during the summer and fall. The BDI settled at 694 points on Wednesday, having gained over 100 points over the past two […] Read more

Crops, Machinery & Shop, Markets

Ocean freight rate index climbs

By Phil Franz-Warkentin - MarketsFarm March 29, 2016

CNS Canada — Ocean freight rates have shown some steady strength over the past two months, with the Baltic Dry Index (BDI) back above 400 points. The BDI set a record low of 290 points on Feb. 10-11, but has since posted steady gains, settling at 409 on Tuesday. While that’s still a far cry […] Read more

Crops, Machinery & Shop, Markets, Reuters

Smaller vessels bump up ocean freight index

By Reuters February 19, 2016

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

Crops, Machinery & Shop, Markets

Ocean freight index bobs up from recent floor

By Phil Franz-Warkentin - MarketsFarm February 17, 2016

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 set a record of 290 points on Feb. 10, but has since posted gains for the past four sessions, settling at 301 on Tuesday. It […] Read more

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Tag Archives ocean freight

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

Canadian canola could make its way into Australia

Baltic Dry Index hits three-year highs

Baltic Dry Index hits two-year highs

Ocean freight rates pointed down, but well off year-ago lows

Baltic Dry Index hits highest levels in nearly two years

Baltic Dry Index edging higher

Ocean freight rate index climbs

Smaller vessels bump up ocean freight index

Ocean freight index bobs up from recent floor

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