CNS Canada –– Ocean freight rates are at some of their lowest levels ever and will likely stay that way for at least the next two years, according to an […] Read more
Flax
Low ocean freight rates likely to stick around
Slimmer harvest yields faster deliveries from railways
CNS Canada –– A year ago, Western Canada’s shortline railways were struggling to meet commitments, but this year’s smaller grain production has reduced the stress on rail transporters. “There’s no […] Read more
Nufarm to shut Calgary herbicide plant
Crop chemical manufacturer Nufarm plans to make its North American business more “cost-effective” by shutting its plant in Calgary and shipping the production work to Chicago. The “rationalization” in Calgary, expected […] Read more
Canpotex sees terminal expansion decision late next year
Winnipeg | Reuters — The new chief executive of Canpotex expects the Canadian potash trader to decide around late 2016 where to expand West Coast terminal capacity, a move that […] Read more
Baltic Dry Index hits record low
The Baltic Dry Index fell to its lowest levels ever on Friday, which bodes well for the competitiveness of Canadian grain exports. The BDI, a gauge of global ocean freight […] Read more
FarmLink picks up mobile management app
A Saskatchewan-developed, cloud-based mobile app for farm management is being uploaded into Prairie grain marketing consultancy FarmLink Marketing Solutions. Winnipeg-based FarmLink announced Tuesday it will merge Farm At Hand, the […] Read more
Running rights on table in CP bid for Norfolk Southern
Canadian Pacific Railway (CP) says it hopes to unclog one of the most infamous rail traffic bottlenecks in the U.S. with a bid to buy railway Norfolk Southern. Confirming a […] Read more
Warm Prairie soils delay fertilizing ban, winter weights
Manitoba’s winter ban on nutrient application has been postponed, again, while Saskatchewan has postponed its move to winter weights on its highways, due to warmer-than-average soil temperatures. Manitoba’s water stewardship […] Read more
Japan, White House rule out re-opening TPP pact
Reuters — Japan and the Obama administration on Tuesday rejected calls from some U.S. lawmakers to consider re-opening a Pacific trade deal and said any renegotiation attempt could scupper the […] Read more
MacAulay favours TPP deal, poised for trade fight with U.S.
Winnipeg | Reuters –– Canada’s new agriculture minister said Tuesday he likely will support the Trans-Pacific Partnership negotiated by the previous government, and is inclined to retaliate against the U.S. […] Read more