Ordered to hand over more than $7 million in Prairie grain handling revenue and related fines for the 2014-15 crop year, Canadian National Railway now plans to challenge the bill […] Read more
Oilseeds
CN to challenge latest grain revenue penalty
U.S. grains: Wheat sags on ample global supplies
Chicago | Reuters –– U.S. wheat futures closed lower on Monday amid plentiful global inventories and poor export demand for U.S. supplies, traders said. Corn and soybeans also fell as […] Read more
Egypt to launch ag commodities bourse by year-end
Cairo | Reuters –– Egypt plans to launch an agricultural-focused commodities trading exchange, the first of its kind in the Middle East, by the end of 2016, Supplies Minister Khaled […] Read more
Louis Dreyfus ring-fences some units, considers options
London | Reuters — Louis Dreyfus Commodities is ring-fencing its crop inputs, metals, juice and dairy units and is considering options ranging from joint ventures to the sale of certain […] Read more
U.S. grains: Soybeans, corn close strong on bargain buying
Chicago | Reuters — U.S. soybean futures ended strong on Friday, rallying on month-end buying a day after cancellations of U.S. soybean sales to China sent the market to a […] Read more
German regulator investigates possible tractor cartel
Duesseldorf | Reuters –– Germany’s anti-trust regulator said Friday it was investigating a possible cartel of companies making agricultural machinery, particularly tractors. It did not name any targets of the […] Read more
Baltic Dry Index trolls new depths, again
CNS Canada — The ocean floor remains one of the few unexplored mysteries of the world — but commodity shippers are now exploring how much lower the floor can go […] Read more
PotashCorp forecasts bleak year ahead
Reuters — PotashCorp has forecast its bleakest year in a decade and slashed its dividend, due to tanking fertilizer prices. Shares of PotashCorp, which also reported lower-than-expected quarterly profit on […] Read more
U.S. grains: Soybeans fall amid global export setbacks
Chicago | Reuters — U.S. soybean futures tumbled on Thursday, with the most-active March contract down 1.6 per cent, the largest drop for soybeans in more than a month, after […] Read more
CP cuts raise worry over potential slowdown
CNS Canada –– Canadian Pacific Railway’s decision to cut 1,000 jobs has caught the attention of two Prairie farm leaders. Norm Hall, president of Agricultural Producers Association of Saskatchewan, worries […] Read more