Latest Newsletter

CBOT December 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Wheat futures climb on short-covering

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Chicago | Reuters — U.S. wheat futures hit their highest in nearly a week on Tuesday as declining U.S. wheat condition ratings and worries about Southern Hemisphere crop prospects fueled a round of short-covering, analysts said. Corn firmed on signs of improving export prospects and soybean futures closed modestly higher. Chicago Board of Trade December […] Read more
(TeamstersRail.ca)
Crops

CN conductors on strike

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Unionized conductors, trainpersons and yard workers at Canadian National Railway are on strike as of Tuesday morning. The Teamsters Canada Rail Conference (TCRC), whose CTY arm represents about 3,000 unionized CN staff, announced late Monday its members would stop work at 12:01 a.m. ET Tuesday. “Unfortunately, we were unable to reach a deal with CN,” […] Read more
Smoke billows during a fire in an area of the Amazon rainforest near Humaita, Amazonas State, Brazil on Aug. 14, 2019. (Photo: Reuters/Ueslei Marcelino)

Brazil Amazon deforestation soars to 11-year high

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Sao Jose dos Campos, Brazil | Reuters — Deforestation in Brazil’s Amazon rainforest rose to its highest in over a decade this year, government data on Monday showed, confirming a sharp increase under the leadership of right-wing President Jair Bolsonaro. The data from Brazil’s INPE space research agency, which showed deforestation soaring 29.5 per cent […] Read more
(TeamstersRail.ca)
Crops

Teamsters serve strike notice on CN

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Teamster-led workers in contract talks with Canadian National Railway could be on the picket line as early as 12:01 a.m. ET Tuesday after serving strike notice on the company. The Teamsters Canadian Rail Conference – Conductors, Trainpersons and Yardpersons (TCRC-CTY), which represents about 3,200 CN conductors and railyard co-ordinators in Canada, has served 72 hours’ […] Read more
(Country Guide file photo)
Crops, Markets

Prairie cash wheat: Bids steady to lower

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MarketsFarm — Wheat bids in Western Canada were lower for the week ended Thursday. Canada Western Red Spring (CWRS) wheat had larger declines, while Canada Prairie Spring Red (CPSR) and durum (CWAD) were steady to lower. The Canadian dollar dropped almost a half cent during the week. Average CWRS (13.5 per cent protein) wheat prices […] Read more
File photo of propane tanks. (Joe_Potato/iStock/Getty Images)
Crops, Machinery

U.S. propane bottlenecks not affecting Canada

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MarketsFarm — Despite ongoing shortfalls of propane in some areas of the U.S. Midwest, the situation doesn’t appear to be adversely affecting Canada, according to the Canadian Propane Association. The late harvest in the Midwest has been further hampered by wet conditions, forcing farmers to dry their grain before putting it in the bin. As […] Read more
CN locomotives in Winnipeg. (Photo courtesy CN)
Crops, Markets

CN to cut management, union jobs

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Reuters — Canadian National Railway said on Friday it would cut management and union jobs, as the largest Canadian railroad operator grapples with an economic slowdown. The company will lay off 1,600 employees in the U.S. and Canada, according to a report by the Globe and Mail. The announcement comes amid declining freight volumes as […] Read more
Agricultural exporters to Europe say the Comprehensive Economic and Trade Agreement has not lived up to its promise, but they hope the technical barriers can be resolved.
News

CETA trade deal an exercise in frustration for ag exporters

In two years since adoption, Canadian exports to Europe have dropped

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Glacier FarmMedia – This summer, French politicians spent many hours defending the Comprehensive and Economic Trade Agreement between Canada and the European Union. The French National Assembly ratified the trade deal in late July and politicians, at least those in the governing party, spoke in favour of the deal and the economic value to France. […] Read more

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