Grain

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...

Summary Big Cannabis and several major cannabis law firms have lobbied legislators and regulators to block the sale of hemp-based cannabinoids, at the state level, in an effort to protect their adult-use and medical cannabis markets.  Citing a public safety crisis, Big Cannabis has created...

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...

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....

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...

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...

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...

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...

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...

‘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...

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...

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...

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...