Insights and Stories on Grain Exports

Jan. 22, 2018 at 6:07 pm CST

CNS Canada — Canadian grain exports are moving out of the country at a similar pace as they were a year ago, but there are still some challenges along the logistical chain. “Right now we’re looking at the second largest supply of grain that we’ve ever had to move,” said […]

By Phil Franz-Warkentin

Dec. 7, 2017 at 6:37 pm CST

Moscow | Reuters — Russia will spend two billion roubles (C$43 million) in grain transportation subsidies to help to speed exports in 2018, the deputy agriculture minister said on Thursday. Already among the world’s largest wheat exporters, Russia is trying to step up a gear after this year’s record crop, […]

By Reuters

Dec. 4, 2017 at 5:19 pm CST

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. […]

By Phil Franz-Warkentin

Sep. 12, 2017 at 6:47 pm CDT

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 […]

By Phil Franz-Warkentin

Mar. 28, 2017 at 5:49 pm CDT

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. […]

By Phil Franz-Warkentin