GFM Network News


File photo of the Port of Montreal. (Guy Banville/iStock/Getty Images)

Baltic Dry Index hits 12-year high

Canadian grain exports slow either way

MarketsFarm — Strong demand to move cargo coupled with weather-related shipping constraints in a number of key corridors has helped take ocean freight rates to their highest levels in more than a decade. The Baltic Dry Index (BDI), a major indicator of shipping rates, settled Friday at 4,275 points, marking its highest level since November […] Read more



A live Google map from the evening of March 30, 2021 showing vessels currently at Thunder Bay. (Portofthunderbay.com)

Port of Thunder Bay opens for season

MarketsFarm — The 2021 navigation season is officially underway at the Port of Thunder Bay, as the tugboat Sharon M1 and barge Huron Spirit arrived late Friday. The tug-barge combo discharged a calcium chloride brine solution, used as a stabilizer and dust suppressant. The same combo also opened the season 2020, one year ago to […] Read more




A demonstrator stands at a blockade on CN track west of Edmonton on Feb. 19, 2020. (Photo: Reuters/Codie McLachlan)

Grain vessels backing up at West Coast

MarketsFarm — Vessels waiting to ship grain off Canada’s West Coast are backing up as blockades across the country slow rail traffic, according to reports tracking grain movement. Railway blockades have sprung up at a number of locations across the country over the past two weeks, as protestors express solidarity with Wet’suwet’en hereditary chiefs opposing […] Read more


A CN freight train remains halted as train tracks are blocked two km away at Tyendinaga, Ont., east of Belleville, on Feb. 14, 2020. (Photo: Reuters/Chris Helgren)

Canada rules out sending police in on rail protests

Superior Propane expects supply shortages soon

Ottawa | Reuters — Canada’s Liberal government said on Friday it was deeply concerned about protests by aboriginal activists that are blocking some key railway lines but rejected a call to send in the police. Indigenous communities opposed to the construction of a gas pipeline project in British Columbia started interrupting rail traffic last week. […] Read more

A canola field blooms in Manitoba’s Interlake on July 11, 2019.  (Greg Berg photo)

Canola supplies in commercial pipeline hit fresh high

MarketsFarm — Visible canola supplies in the commercial pipeline hit their highest level in more than three years in the latest Canadian Grain Commission data, with the slow pace of export movement likely to keep those stocks at burdensome levels. Total visible Canadian canola supplies as of Sunday were pegged at 1.6 million tonnes. That’s […] Read more