At present, the shipping rate has begun to fall

Introduction: Canada's grain and oilseed exports have not been greatly affected by high shipping rates, but traders believe that the decline in freight rates will give electricity to Winnipeg on June 24: according to traders, after a year of soaring last year, the current shipping rates have begun to fall Canadian grain and oilseed exports have not been affected too much by high shipping rates, but traders believe that a drop in freight rates will provide some support to the export market After a sharp rise last year, the shipping rate has now fallen by 30% to 40% For example, the price of light freighters from Vancouver to Japan has risen from about $20 per ton to about $50 in the past year, but it has now fallen to $30 Cargill's West Coast transportation manager, Lecco Cobham, said high shipping costs did not in fact constrain the rapeseed export business He added that the drop in freight rates could help Canada win some small businesses During the period of high shipping rates, the number of canola and barley transported by rail from Canada to Mexico increased dramatically Cobham estimates that in the past few months, the number of rapeseed and wheat transported by rail has been between 200000 and 500000 tons, respectively In addition, some buyers are willing to use railway transportation, because they do not have to hire the whole cargo ship Now the buyer's mode of delivery is slowly turning back to the freighter CWB, which monopolizes barley sales in western Canada, may have lost some business at the beginning of the year as soaring shipping rates forced buyers to wait and see, according to traders But now barley and wheat business is back to normal Louis Weidman, a spokesman for the Canadian wheat board, said the high shipping rates did give the Canadian wheat board a headache when selling grains to the Asian market because Canadian products are not as competitive as Australian wheat But wheat Canada continues to sell grains to these markets Weidman said the decline in freight rates will improve grain exports Although the high freight rates in some markets put CMA at a disadvantage, it also gives CMA an advantage over its competitors when selling grains to Europe or Latin America