A back-to-work rule making its way through the British Columbia legislature will be scrapped after container truckers serving Port Metro Vancouver reached an agreement Wednesday to end their work stoppage. […] Read more
Markets/Business
Vancouver truckers reach agreement, return to work
CN rips feds’ planned rail interswitching expansion
Mandatory extension of rail car interswitching and tighter grain freight regulations may “placate a vocal constituency” but will do little to move more grain and may harm Canadian businesses, Canadian […] Read more
Saputo to shut two Alta. powdered milk plants
Two plants producing powdered and condensed milk in Alberta are set to close by the end of next year as Montreal dairy giant Saputo folds their operations into other facilities. […] Read more
U.S. grains: Wheat falls one per cent on forecast for U.S. Plains
Chicago | Reuters — U.S. wheat futures fell more than one per cent for their second straight session of declines on Wednesday in a selloff sparked by forecasts for rain […] Read more
U.S. livestock: Bargain hunters help CME hogs pare losses
Chicago | Reuters –– Chicago Mercantile Exchange hog futures turned higher on Wednesday, supported by bargain hunting and short covering after 2-1/2 days of losses, traders and analysts said. Investors […] Read more
Ottawa tightens rail service agreements, boosts rail switching range
Federal legislation tightening the terms of grain freight service agreements between shippers and railways — and allowing some captive shippers a wider radius in which to shift cars to another […] Read more
U.S. grains: Corn, wheat edge lower in consolidation ahead of report
Chicago | Reuters –– U.S. corn futures eased for the first time in three sessions on Tuesday while wheat prices also lost ground as investors took profits ahead of a […] Read more
Grain firms warn railways swamping ports with grain
Canada’s big two railways, under mandatory federal performance targets for grain freight, are now flooding the West Coast and Thunder Bay with grain, the Western Grain Elevator Association warns. Prairie […] Read more
Pricier beef ‘here to stay’ as food costs seen higher: USDA
Washington | Reuters — U.S. food prices are expected to rise more rapidly this year after a very tame 2013, led by gains in beef, poultry and egg prices, the […] Read more
Mosaic lays off 51 Sask. staff on industry woes
Winnipeg | Reuters — U.S.-based fertilizer company Mosaic Co. said Tuesday it has laid off 51 workers at its Canadian potash operations, as the industry struggles to recover from low […] Read more
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