(Commercial Port of Vladivostok, vmtp.ru)

Baltic index slips to fresh low, demand concerns persist

Reuters — The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, slipped to another all-time low Tuesday on worries about vessel oversupply and slowing global demand. The overall index, which gauges the cost of shipping dry bulk including iron ore, cement, grain, coal and fertilizer, fell four points or

(Doug Wilson photo courtesy ARS/USDA)

Higher oat stocks expected, CBOT futures weak

CNS Canada — CBOT (Chicago Board of Trade) oats are relatively weak, but fairly priced from where one U.S. analyst sits — and traders are looking to an upcoming Statistics Canada report for indication on where to move next. “Just looking at the market in general, oats are somewhat cheap, but right now I think



(Dave Bedard photo)

CP cuts raise worry over potential slowdown

CNS Canada –– Canadian Pacific Railway’s decision to cut 1,000 jobs has caught the attention of two Prairie farm leaders. Norm Hall, president of Agricultural Producers Association of Saskatchewan, worries the move is short-sighted and may catch up with the railway in months and years to come, when commodity prices catch fire again. “You dump


(Country Guide file photo)

Lower loonie helps farmers, but only so much

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 their money. However, one market

(CN.ca)

CN’s 2015 grain handle down, grain revenue up

Canadian National Railway’s (CN) fourth-quarter and full-year ledgers show lower traffic, but increased revenue, from its grain and fertilizer business in 2015, en route to record full-year earnings. Montreal-based CN on Tuesday reported overall net income of $3.538 billion on $12.611 billion in total revenues for 2015, up from $3.167 billion on $12.134 billion for


(PortMetroVancouver.com)

Canada to sign TPP, but undecided on ratification

Ottawa | Reuters –– Canada’s new Liberal government will take the “technical step” of signing a 12-nation trade deal next week but has not yet decided whether to formally ratify the agreement, Trade Minister Chrystia Freeland said Monday. Canada is one of 12 nations that initialed the Trans-Pacific Partnership (TPP) in early October after years

(PortoDoItaqui.ma.gov.br)

Vessel demand concerns extend Baltic index fall

Reuters — The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, extended its record low run to a 14th straight session on Friday on persistent vessel glut and weak demand. The overall Baltic Dry Index, which gauges the cost of shipping dry bulk including iron ore, cement, grain, coal