Higher grain revenue on Canada’s Prairies helped lead to record full-year revenues and offset a lower fourth-quarter gross for Canadian Pacific Railway (CP), as the company warned of substantial job […] Read more
Flax
CP books more Prairie grain revenue at year-end
Ocean freight cost index breaks another floor
CNS Canada — The Baltic Dry Index (BDI) continues its downward slide, dropping below 400 points for the first time ever as ocean freight rates struggle to find their bottom. […] Read more
Flax prices see upward bump on increased demand
CNS Canada –– Foreign demand has picked up in the flax market, according to a grain brokerage firm — and despite increased competition, Canadian prices have seen a slight uptick […] Read more
Salford buys tillage equipment maker AerWay
Southwestern Ontario vertical tillage and pasture equipment maker AerWay has become part of another well-known Ontario ag equipment manufacturer. Salford Group announced in December it has bought the AerWay advanced […] Read more
Campbell Soup to label U.S. products for GMOs
Reuters — Campbell Soup said it will label all its U.S. products for the presence of ingredients derived from genetically modified organisms, becoming the first major food company to respond […] Read more
CN, CP both over revenue limits for 2014-15 grain haul
Canada’s big two railways will both be required to hand over seven figures in Prairie grain revenue from the 2014-15 crop year after taking in more than their federally-allowed maximums. […] Read more
Trends for 2016: Pulses expected to steal acres from cereals
CNS Canada — Canadian farmers are expected to seed more pulse crops at the expense of cereals in 2016, according to early projections from industry experts looking at current market […] Read more
Wild bees seen dwindling in main U.S. crop regions
Washington | Reuters — Wild bees, crucial pollinators for many crops, are on the decline in some of the main agricultural regions of the U.S., according to scientists who produced […] Read more
Saskatchewan farmland off limits for pension plans next month
Reuters/Staff — New rules for buying farmland in Saskatchewan, Canada’s biggest wheat- and canola-growing province, will take effect Jan. 4, and toughen its ban on pension plans investing, the provincial […] Read more
CP revises hostile bid for Norfolk Southern, again
Reuters — Canadian Pacific Railway slammed railway Norfolk Southern on Wednesday, accusing it of misleading investors even as CP executives rolled out a new bid with increased shareholder protections to […] Read more