Insights and Stories on Grain Freight

Jul. 16, 2019 at 6:31 pm CDT

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 […]

By Phil Franz-Warkentin

Jun. 18, 2019 at 8:11 pm CDT

Already handling ag commodities via partners north of the border, U.S. commodities brokerage and financial services firm INTL FCStone is bringing its own name into the Canadian market. The New York firm announced Tuesday it became a member of the Investment Industry Regulatory Organization of Canada (IIROC) effective May 17, […]

By GFM Staff

Apr. 25, 2018 at 2:15 pm CDT

Fuel and infrastructure improvements are expected to push up the cost of railroading and, in turn, the index guiding how much money Canada’s big two railways get to keep from hauling Prairie grain in the next crop year. The Canadian Transportation Agency (CTA) on Wednesday announced it will set the […]

By Staff

May. 13, 2017 at 4:33 pm CDT

Not expecting federal grain transport reforms to take effect until this fall at the earliest, several Prairie grain grower groups want to see an extension of the previous government’s interim rules and penalties for railways in the meantime. A proposed “Transportation 2030” package of rail reforms, pledged last November by […]

By Staff

Apr. 19, 2016 at 6:16 pm CDT

A 2014 federal rule that expanded rail options for some Prairie grain shippers has already made for more competitive freight rates and service and should be renewed this summer, commodity groups say. Pulse Canada, Grain Growers of Canada and Alberta’s crop commissions on Tuesday called on the federal government to […]

By Staff