ocean freight Archives - Page 2 of 3

A freighter is loaded with grain from a terminal at Vancouver’s Burrard Inlet. (Maxvis/iStock/Getty Images)

Ocean freight rate index moving higher

By MarketsFarm Team, GFM Network News June 15, 2020

MarketsFarm — Ocean freight rates have shown steady gains over the past month, rising to some of their highest levels of 2020 as world economies show signs of recovery amid the COVID-19 pandemic. The Baltic Dry Index (BDI), a major indicator of shipping rates, has moved higher for 12 straight sessions, hitting 973 points on […] Read more

Loading grain on a vessel at a Burrard Inlet terminal. (Maxvis/iStock/Getty Images)

Crops, Markets

Ocean freight rates trending lower

By GFM Network News January 6, 2020

MarketsFarm — The Baltic Dry Index has fallen sharply over the past four months, dropping below 1,000 points to start the New Year. A slowdown in iron-ore activity, as high prices have had Chinese mills buying up domestic inventories rather than importing from overseas, accounted for much of the general weakness in the freight sector, […] Read more

Crops, Markets

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

By GFM Network News 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

(Photo courtesy Canola Council of Canada)

Canola, Crops, Markets, Weather

Canadian canola could make its way into Australia

By GFM Network News 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

(Commercial Port of Vladivostok, vmtp.ru)

Crops, Machinery, Markets

Baltic Dry Index hits three-year highs

By GFM Network News 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

Baltic Dry Index hits two-year highs

By GFM Network News 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 GFM Network News 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 GFM Network News 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 GFM Network News 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, Markets

Ocean freight rate index climbs

By GFM Network News 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

U.S. grains: Soy futures set six-week low as China buys Argentine cargoes, snubs U.S.

U.S. livestock: Hogs rally ahead of USDA report

Canadian Barley Research Coalition pledges $1.8 million to USask Crop Development Centre

GFM Network News

U.S. grains: Soy futures set six-week low as China buys Argentine cargoes, snubs U.S.

U.S. livestock: Hogs rally ahead of USDA report

Canadian Barley Research Coalition pledges $1.8 million to USask Crop Development Centre

Tag Archives ocean freight

Ocean freight rate index moving higher

Ocean freight rates trending lower

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

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