Washington | Reuters — Midwestern farmers and Amtrak passengers are among those being hurt by rail congestion caused in part by an energy boom that has spurred the massive movement […] Read more
Markets/Business
Oil-by-rail traffic hurts farmers, travelers, U.S. officials told
Viterra to boost Vancouver port terminal throughput
Canada’s biggest grain handler plans to take on a $100 million-plus list of “improvements and upgrades” to boost annual throughput at its Pacific Elevators terminal in Vancouver to as much […] Read more
U.S. grains: Wheat sags as rains target Plains; soy hit by defaults
Chicago | Reuters — U.S. wheat futures fell one per cent on Thursday on wetter forecasts for parts of the drought-hit southern Plains wheat belt as well as disappointing weekly […] Read more
U.S. livestock: CME hogs, live cattle finish mostly lower
Chicago | Reuters — Chicago Mercantile Exchange hogs settled mostly lower on Thursday following a choppy day of trading. Lead-month April hogs, which will expire on April 14, drew support […] Read more
Cargill to boost S. Manitoba grain handling capacity
Cargill’s Canadian arm is set to start work within the next month on capacity expansions at its grain elevator in southern Manitoba’s Red River Valley. The company said Thursday it […] Read more
CWB building grain elevator east of Saskatoon
The grain company formerly known as the Canadian Wheat Board has picked a site for a second high-throughput Prairie grain elevator, this time in central Saskatchewan. CWB announced Thursday it […] Read more
CBOT review: Corn underwhelms investors despite lower USDA projections
CNS Canada –– Chicago Board of Trade corn contracts saw some choppy activity during the week ended Wednesday, but finished with only small advances as the U.S. Department of Agriculture’s […] Read more
CME Group trading outage exposes weakened trading floor
Chicago | Reuters — Open-outcry traders sprang into action during an electronic trading halt in CME Group agricultural markets on Tuesday, but a better solution to the outage would have […] Read more
U.S. livestock: CME hogs settle higher after volatile session
Chicago | Reuters — Chicago Mercantile Exchange hogs finished higher on Wednesday with June up the three-cent limit as fund buying and short-covering beat back early losses, traders said. Futures […] Read more
New interswitching rules more punishment than policy: CN CEO
Given recent federal moves to regulate Canada’s major railways into moving more grain, Claude Mongeau came to Winnipeg Wednesday feeling “a little bit like a general who lost the battle.” […] Read more
Cyber-Savvy Farmer
