Ocean Freight...$27 to Japan

[TOM4CWB]

9999Freight rates continued sliding this week, with the Baltic Panamax Index hitting its lowest point since May 2009. The index closed at 1,944 on Friday, a decline of 58 percent since May 21 and a 21 percent drop from a week ago. Destination routes fell lower as well, with Gulf/Japan at $51/mt and PNW/Japan at $27/mt.

[bucket]

Wouldn't it be nice to link rail freight in Canada with the same formula?

Ocean freight goes up and down with demand. Boats keep getting built, product moves around the world.

In Canada we just keep on paying higher and higher rates.

Walmart, canadian tire etc freight costs keep coming down.

[furrowtickler]

Good point bucket.

[mcfarms]

One small problem the ocean has competition, we on the other hand do not.

[TOM4CWB]

Actually with the multi-spot rebate (trucking incentive) I am paying less now for west coast freight now than 10 years ago. Hopper car maintenance rebates have helped. On the rail cost we are paying much less rail cost than Montana growers!

What are you guys talking about?

[wmoebis]

We had a good deal on freight till some groups lobbied the gov't to get rid of it. It was called the crow.

Anyone care to stand up and take a bow.

[checking]

The day that Goodale signed off on the Crow for us is the day he also should have signed off on the CWB. You have much in common with Ralph. He also doesn't understand how free enterprise works.

[rockpile]

Among just about every cattlemen's organization,
the WCWGA, Western Barley Growers, the Alberta
Barley Commission and the Alberta Government -
THEY were all in favour of getting rid of the Crow
Statutory Rate. The RR's never lost a nickel hauling
grain - they were compensated by Federal
contributions - one of the very few expenditures
the Feds made that directly helped Western Farmers
earn a paycheque. The result was supposed to be
greater efficiencies and lower costs to primary grain
producers, as well as increased value added activity
and new avenues of profitability. All it did in the
end is increase RR and Grain Company revenues
while destroying roads in the rural RM's. What I find
repugnant is how some of these Organizations are
now trying to re-write history and white wash their
former policies and dumping it all on Goodale - he
did what the farm lobby groups and the RR's
wanted all along. So where is that $10/tonne
freight rate that was being promised 20 years ago?
Like coal rates?

[parsley]

Na, nah, nah, Rocky. YOU are trying to re-write history.

Goodale is the political slime who even ignored his own commissioned Western Grain Marketing Panel report.

History: BOTH CWB and CROW were supposed to be simutaneously allowed to operate in a free marketplace. The CROW was let out of the legislated pen but the CWB was not.

I cannot imagine anyone that I would more wish to send to the North Korea army for ten years, no return, than Goodale. Pars

[parsley]

Read checking's poat again. checking has a good memory. Pars