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Crops, Markets, Pulses

Push on to prevent strike at Port of Montreal

A work stoppage that could start March 20 would disrupt containerized grain exports

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Ottawa needs to act now to prevent a strike March 20 that would stop containerized grain from being exported from the Port of Montreal, says Jeff English, vice-president of marketing and communications at Pulse Canada. “This is something we can see off in the distance, but we are going to be there before you know
Crops, Markets, Pulses

Pulse industry watching container supply closely

One major container firm is shipping them back to Asia empty to meet a surge in demand

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Pulse Canada is keeping an eye on container supplies following the recent announcement by a major supplier it would be shipping them back empty to Asia from North America to meet a surge in demand. Why it matters: Canadian pulse crop exporters rely on shipping containers to get their products to international customers. A lack
Markets

Food exporters sign safety declarations in lieu of virus-free guarantees

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Reuters — U.S. food and feed exporters are shipping goods to China with letters assuring the safety of their cargo in lieu of official declarations requested by Chinese authorities that guarantee coronavirus-free shipments, a U.S. agricultural export group said on Friday. The commitment statements, drafted by the Agriculture Transportation Coalition (AgTC), are meant only to
Crops, Markets

Ocean freight rate index moving higher

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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
Crops, Markets

Virus fears weigh on global shipping sector

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MarketsFarm — Global shipping rates continue to decline, hitting record lows in some cases, amid declining demand and concerns over the coronavirus outbreak in China. The Baltic Dry Index (BDI), compiled by the London-based Baltic Exchange, provides an assessment of the price of moving major raw materials by sea. The BDI has fallen for 13

AgDealer offers online equipment financing, shipping tools

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Canada’s biggest used farm equipment shopper publication has added tools to link prospective buyers to options for payment plans and shipping. AgDealer on Monday announced “major enhancement(s)” at its AgDealer.com site, where each equipment listing will include buttons linking to tools from CWB National Leasing and Trusted Dispatch. The online tools allow AgDealer.com users to
Crops, Weather

Hay prices skyrocket as Prairie drought continues

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MarketsFarm — Hay prices have continued to skyrocket across the Prairies as conditions remain dry enough that many hay growers won’t produce a first cut this spring. “We’ve had a tough start here,” said Darren Chapman, chair of the Manitoba Forage and Grassland Association. “We had a cold, dry spring with frost, so first cut

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