(Dave Bedard photo)

Farmers seek ‘urgent’ action from Senate on rail service

Groups representing Canadian grain growers touched down in Ottawa Thursday to urge quick passage of legislation to avoid a sequel to the grain handling logjam of 2013-14. Representatives from the Canadian Federation of Agriculture, Grain Growers of Canada, Keystone Agricultural Producers, Agricultural Producers Association of Saskatchewan, Alberta Federation of Agriculture and B.C. Agriculture Council went […] Read more



Plunging shipping rates could help Canadian exporters

Reading Time: < 1 minute The recent drop in bulk ocean shipping costs strengthens Canada’s ability to compete with other countries, particularly those closer to Canada’s export markets, says provincial crops analyst Neil Blue. High rates just prior to the 2008 recession, prompted shipping firms to build new vessels and there’s now lots of shipping capacity. That’s set the stage […] Read more

(PortMetroVancouver.com)

China and vessel glut drive Baltic index to fresh low

Reuters — The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, slid to a fifth consecutive record low on Monday on economic worries about China and a surplus of vessels. The overall index, gauging the cost of shipping dry bulk cargoes including grain, iron ore, cement, coal and fertilizers, […] Read more


(PortoDoItaqui.ma.gov.br)

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 prices, was quoted Friday at 498 points — the first time the index dipped below 500 since records began in 1985. The index was trading […] Read more