GFM Network News


Canadian grain exports up 35 per cent on the year

Canadian grain companies continue to do brisk business moving grains and oilseeds out of the country, with movement of canola, wheat, barley and many other crops running well ahead of the year-ago pace. Crop-year-to-date exports of Canada’s major grains and oilseeds as of Jan. 17 came in at 26.4 million tonnes, according to Canadian Grain



(PortMetroVancouver.com)

Baltic Dry Index at four-month lows

Declining demand seen from China

MarketsFarm — Ocean freight rates have fallen off of their highs of the past year over the course of the past month, but remain well above the lows hit in the spring when global markets first started reacting to the COVID-19 pandemic. The Baltic Dry Index (BDI), a major indicator of shipping rates, has moved

Ukraine grain exports down so far in 2020/21 season

Ukraine’s grain exports fell 11.2 per cent in the first three months of the 2020/21 July-June season to 11.78 million tonnes, the economy ministry said Sept. 30. The volume included 4.258 million tonnes of grain exported in September, the ministry’s data showed. The data showed that the overall export volume included 8.2 million tonnes of

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

Wheat, canola exports ahead of year-ago pace

MarketsFarm — Canadian grain and oilseed exports are running well ahead of the year-ago level eight weeks into the 2020-21 marketing year, according to the latest data from the Canadian Grain Commission. Total bulk exports of the major grains and oilseeds, as of Sunday, of 7.17 million tonnes compare with the six million exported during


Less French wheat outbound of EU

Reuters – French soft wheat shipments outside the European Union fell to a four-year low for the month of August, despite a large volume sent to China, as activity eased after a poor harvest, Refinitiv data showed. Soft wheat exports to destinations outside the EU totalled 644,000 tonnes in August, the second month of the

(Former) Editor’s Take: Our most important customer

It will take a couple of weeks until the final figures are out, but now that the 2019-20 crop year is over, it’s interesting to note how well grains and oilseeds have been moving, and to where. As of Week 50 with two weeks left to go, producer deliveries were a whopping 60.7 million tonnes,

(File photo by Dave Bedard)

Grain exports flow fast as pandemic lockdowns clear rail capacity

Traffic accelerates on lower coal, crude volumes

Winnipeg | Reuters — Canadian grain exporters are boosting sales in a slumping global economy, as demand for commodities like oil weakens and frees up railway space. Brisk crop movement in a country that relies heavily on rail is a bright spot during pandemic lockdowns, which have hammered most industries. “We’ve had an almost unlimited


Bulk wheat being loaded on a ship in a Russian port. (YGrek/iStock/Getty Images)

Russia will suspend grain exports for six weeks if quota runs out mid-May

Several supplies to Egypt might be affected, traders say

Moscow | Reuters — Russia, the world’s biggest wheat exporter, will suspend grain exports until July 1 once its export quota is exhausted, which is currently expected to happen in mid-May, its deputy agriculture minister Oksana Lut said on Friday. Russia last fully banned wheat exports in 2010 when drought hit its harvest, rocking global

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

Handlers focus on keeping grain moving despite COVID-19

Grain companies, Canadian Grain Commission working but unsure of future

Canada’s grain companies are committed to keeping grain moving to domestic and export customers, but how the spread of COVID-19 might affect business is still an unknown, says Wade Sobkowich, executive director of the Western Grain Elevator Association. “We are are going to do everything in our power to keep grain moving at this time,”