Insights and Stories on Grain Exports

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

Feb. 10, 2017 at 3:24 pm CST

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 […]

U.S. grain exports slide after Trump win batters peso

Nov. 17, 2016 at 7:26 pm CST

By Karl Plume

U.S. grains: Strong exports support corn, soybeans

Feb. 22, 2016 at 4:44 pm CST

By Mark Weinraub

Ocean freight index bobs up from recent floor

Feb. 17, 2016 at 5:39 pm CST

By Phil Franz-Warkentin

StatsCan stocks numbers confirm rapid export pace

Feb. 4, 2016 at 4:15 pm CST

By Dave Sims

Lower loonie helps farmers, but only so much

Jan. 27, 2016 at 6:17 pm CST

CNS Canada — The slumping price of oil continues to weigh on the Canadian dollar, while at the same time providing a boost to Canadian grain prices. Out-of-country buyers tend to more attracted to Canadian grain and wheat when the loonie is low, as they can get more product for […]

By Dave Sims

Devalued Argentine peso seen spurring grain exports

Dec. 17, 2015 at 6:40 pm CST

Buenos Aires | Reuters — The currency devaluation set to kick off in Argentina on Thursday is expected to pump millions of tonnes of pent-up grains supply into the international market at a time when the world is already seeing record stockpiles. For the first time since 2011, Argentines have […]

By Hugh Bronstein

Baltic Dry Index hits record low

Nov. 20, 2015 at 3:59 pm CST

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 […]

By MarketsFarm Team

U.S. grains: Wheat eases off four-week high on export slump

Nov. 5, 2015 at 4:30 pm CST

Chicago | Reuters — U.S. wheat eased off a four-week high on Thursday amid disappointing export sales and forecasts for more rain relief in dry U.S. growing belts, which offset concerns about adverse harvest weather in Australia and turned traders’ attention back toward large global supplies. The firmer dollar also […]

By P.J. Huffstutter

Russia, Ukraine may cut grain crop forecasts as temperatures rise

Jul. 10, 2015 at 1:04 pm CDT

Moscow/Kiev | Reuters — Major Black Sea wheat exporters Russia and Ukraine may cut their official 2015 grain crop forecasts as recent hot weather has raised the risks to plants and rains elsewhere have delayed the harvest and dented quality, farmers and officials said. Russia and Ukraine’s agriculture ministries have […]

By Pavel Polityuk Polina Devitt