They say it's not as bad as 2013....

[farmaholic]

We just "priced" all our wheat for Dec delivery. Where we sold to, they seem to be getting the trains... I think there are two to go before the wheat can get delivered. I think service is sometimes location specific and company specific. If the company doesn't allocate the cars to certain facilities.....

As much as I hate to defend the Line Cos.... sometimes it is the RRs that are holding up movement.

If it's any consolation.... the floating capacity on the West Coast may not be costing too much.

What is the BDI, in a slower world economy rates can't be too bad. Maybe demurrage isn't being charged because too many companies are looking for loads.... I have no idea, just thinking, which is dangerous.

[bucket]

True farmaholic ...the demurrage cost is small but why not work to make a better system when it's not costing as much....

[bucket]

And now some are cutting back driveway hours.....

Potash loads 24/7 when running.

And I doubt they have vessels waiting like grain.

[mcfarms]

Farm

from wikipedia FYI and also the BDI has been a very good bellwether of world economic strength and activity though one has to be aware of some of the factors within such as new tonnage being added or deleted etc.



The Baltic Dry Index (BDI) is an economic indicator issued daily by the London-based Baltic Exchange. Not restricted to Baltic Sea countries, the index provides "an assessment" of the price of moving the major raw materials by sea.[1] Taking in 23 shipping routes measured on a timecharter basis, the index covers Handysize, Supramax, Panamax, and Capesize dry bulk carriers carrying a range of commodities including coal, iron ore and grain."[2]

[farmaholic]

So what is the BDI now and is it truly an "indicator" of what it costs to move grain?


Is it only a barometer of a much larger picture?

[mcfarms]

Heres the site I have bookmarked its risen a fair amount from earlier in the year . sitting at 1202 earlier in 16 we were much lower, you will see from this chart though we are at a quarter of what it was pre 2011.



https://www.quandl.com/data/LLOYDS/BDI-Baltic-Dry-Index

[bucket]

Hate to be the graincos guys going into winter and the bdi start to hurt you when you have grain on the prairies in store and can't get it to port.

They are currently 6 weeks behind in shipping going into winter.....but hey what the **** do I know.

[Robertbarlage]

and rail companys are crying there no work

[bucket]

What's worse is they are patting themselves on the back for the little they are doing.

[Klause]

bucket, do you have access to an elevator that is not connected to any of the regulars? I.E. Viterra, Richardson, Cargil, P&H, and Patterson?