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Russia's 'Most Powerful' Attack On Ukraine Port City Kills Important Grain Tycoon
Monday, August 1, 2022 - 6:36am | 311Read More...Russian missiles pounded the southern Ukrainian port city of Mykolaiv on Sunday and killed one of Ukraine's wealthiest businessmen and the owner of a major grain exporter, the local governor said, according to a media report. What Happened: Oleksiy Vadatursky, founder and owner of Nibulon, an...
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Grain Shippers Seek Fluid Network In And Out Of Pacific Northwest
Tuesday, August 31, 2021 - 2:11pm | 931Read More...As the U.S. harvest season kicks into high gear over the next month, grain shippers will be watching whether freight railroads' train speeds will be able to keep up with a potentially sudden ramp-up in demand, according to shippers at the recent annual National Grain Car Council meeting hosted by...
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As Demand For Corn Grows, New Key Data Points To Watch
Tuesday, August 17, 2021 - 4:16pm | 790Read More...Over the past year, and even more so in the last few months we’ve seen a significant change in corn market fundamentals. From a year ago, the corn ending stocks to usage has gone from 13.75% to 7.4%, one of the lowest on record. Demand for U.S. grains has been at historic levels during 2021....
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Canadian Railways Boast Record Grain Volumes In 2020-2021
Wednesday, August 4, 2021 - 12:27pm | 1033Read More...Canadian Pacific and CN shattered records for hauling Canadian grain and grain products in the 2020-2021 crop year, which ran from Aug. 1, 2020, to July 31, 2021. More efficient network boosted volumes: CP CP (NYSE: CP) hauled 30.62 million metric tons (MMT), the most in its 140-year history, the...
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Competing Countries, Strong Dollar Influence US Grain Exports
Tuesday, April 14, 2020 - 4:03pm | 1061Read More...U.S. rail volumes for grain are facing ongoing headwinds in both the international and domestic markets, with factors such as a strong U.S. dollar and competition from other grain-producing countries weighing on export-bound volumes, while the coronavirus pandemic is putting pressure on domestic...
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Commentary: Steel Rivers Of Grain Continue To Flow
Wednesday, April 8, 2020 - 10:31am | 1656Read More...The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. What is the importance of grain? Any food made from wheat, rice, oats, corn or barley is a grain product. Breads, pasta, breakfast cereals, grits and tortillas are...
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Canadian National Hauled Record Grain Volumes In 2018-2019
Monday, July 29, 2019 - 3:29pm | 582Read More...Canadian National (NYSE: CNI) reached an all-time record for hauling grain in the 2018-2019 crop year. The railway moved over 27 million metric tonnes (mmt) of grain for the crop year, beating a previous record of 26 mmt in 2016-2017. Canadian National also reached an all-time monthly record in...
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How IMO 2020 Affects Transport Of Ore, Coal, Grain And Other Dry Bulk
Wednesday, July 10, 2019 - 3:48pm | 1406Read More...Much of the focus on the IMO 2020 regulation – which limits the sulfur content of fuel used on ships and their emissions to 0.5 percent starting January 1, 2020 – has been on consequences for tanker and container-ship profitability. But the fallout is much more pervasive than that. Dry bulk...
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Ocean Rate Report: U.S. Soybean Sales Could Bolster Dry Bulk
Wednesday, July 3, 2019 - 12:14pm | 1404Read More...‘Tis the season in ocean shipping when deal-making grinds to a halt – when ship owners pine for the Greek islands and their investment bankers plot sojourns in the French Riviera and Amalfi Coast. Not every year pans out the same way, however. On the transaction front, ship owners and bankers...
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Canadian Grain Volumes Set April Records; U.S. Rail Volume Slumps
Wednesday, May 8, 2019 - 5:52pm | 522Read More...Canadian Pacific (NYSE: CP) and Canadian National (NYSE: CNI) both moved record volumes of grain in April, following a harsh winter that sometimes curtailed rail shipments. Canadian National said on May 8 that it moved an all-time record 2.72 million metric tonnes in April, compared to a three-year...
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The Future Of The Panama Canal: What's Next For Grain And Coal Shipping
Friday, April 26, 2019 - 10:39am | 1041Read More...In the final installment of a three-part series, FreightWaves examines prospects dry bulk commodities transiting the Panama Canal. Part One featured the outlook for liquid bulk and Part Two focused on container shipping. Since the Panama Canal's larger ‘Neopanamax' locks...
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Grain: The Intuitive Stock Market Search Engine
Wednesday, February 8, 2017 - 9:44am | 650Read More...It's almost that time of year. The 2017 Benzinga Global Fintech Awards is a competition to showcase the companies with the most impressive technology that are paving the future in financial services and capital markets. To get you prepared for this year's awards, Benzinga will profile...
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Grain Futures Higher
Wednesday, March 11, 2015 - 2:40pm | 65Read More...Grain Futures closed higher on Wednesday after a firm trading session. May Soybeans settled at 992 3/4, up 8 3/4 cents. May Soymeal settled at 333.3, up 2.3. May Soybean Oil settled a little higher at 31.10, up 0.14. May Chicago Wheat settled at 499, up 5 3/4 cents. July Chicago Wheat settled at...
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Corn Higher
Friday, February 13, 2015 - 8:06am | 98Read More...Market talk of favorable Southern hemisphere weather and higher than expected corn production estimates coming out of Brazil kept sellers active on Thursday. The USDA reported weekly corn export sales of 1.121 million tonnes versus estimates of 725,000 tonnes. Corn futures are trading higher...
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Grain Futures lower Tuesday
Tuesday, February 10, 2015 - 3:40pm | 70Read More...U.S. Grain Futures are trading mostly lower on Tuesday as the trading session winds down. March Chicago Wheat is trading at 522 1/2, down 7 cents. March Kansas City Wheat is down 6 1/2 cents at 557. March Soybeans are down 10 cents at 968 1/2. March Soymeal is trading at 327.2, down 2.4. March...













