Reading Time: < 1 minute MarketsFarm — Solid offshore demand for Canadian barley remains the key driver in the domestic feed market, keeping prices high. “It’s certainly not driven by southern Alberta, it’s driven by Vancouver and the export business,” said Allen Pirness, of Market Place Commodities in Lethbridge, on the continued strength in barley bids. Typically, arbitrage opportunities would […] Read more
Tag Archives grain
Feed weekly outlook: Offshore demand still lifting Prairie barley
Port of Thunder Bay wraps up 21st-century-best year
Reading Time: < 1 minute MarketsFarm — The last vessel of the 2020-21 shipping season left the Port of Thunder Bay on Tuesday, wrapping up the busiest year at the port since 1997. Annual cargo volumes through came in at 10.2 million tonnes, which marked the first time the tonnage topped 10 million since 1997. A total of 9.3 million […] Read more
InVivo in talks to acquire French agribusiness Soufflet
Firms see limited overlap outside grain trading
Reading Time: 2 minutes Paris | Reuters — Co-operative group InVivo has entered exclusive talks to acquire family-controlled Soufflet in a deal that would create one of Europe’s biggest agricultural businesses with 10 billion euros (C$15.5 billion) in sales, the French firms said on Wednesday. The potential consolidation comes as France, the European Union’s largest agricultural producer, is trying […] Read more
Railways overshoot grain revenue limits for 2019-20
Grain revenues run $5.3 million over caps, CTA rules
Reading Time: 2 minutes Canada’s big two railways have about two more weeks to hand over about $5.6 million in Prairie grain revenue overages and related penalties for the 2019-20 crop year. The Canadian Transportation Agency (CTA) on Dec. 22 ruled Canadian National Railway (CN) and Canadian Pacific Railway (CP) each overshot their maximum revenue entitlements (MREs) for the […] Read more
Feed weekly outlook: Prairie prices remain strong
Exports, domestic use both up on year
Reading Time: 2 minutes MarketsFarm — Feed grain prices in Western Canada held steady during the first week of December as solid export demand from China continues to underpin the domestic feed market. “Demand has backed off a little bit for December. We’ve seen a flattening [of prices], but I think that’s just a step back for now,” said […] Read more
Thunder Bay port on pace for largest season in over 20 years
Reading Time: < 1 minute MarketsFarm — Shipping activity through the Port of Thunder Bay remained strong during November, with just over a million tonnes of grain moving through the facility on the northern shore of Lake Superior. Increased demand for Canadian grain in Europe, the Middle East and Africa has led the port to a 20-year high for cargo […] Read more
Export demand keeps Thunder Bay grain traffic solid
Reading Time: < 1 minute MarketsFarm — Grain movement out of Thunder Bay continues to run at a very strong pace, with shipments to Europe, the Middle East and North Africa behind much of the increased movement. As of Saturday, more than two million metric tonnes of grain have been directly exported from Thunder Bay elevators by ocean-going (saltie) vessels […] Read more
Southwestern Ontario elevator to handle Scoular grain
Martin Farming to take grain at new elevator
Reading Time: < 1 minute Scoular Co. has set up a new delivery point for southwestern Ontario growers from whom it buys grain. The Omaha-based, privately-held grain firm announced Thursday it has made a deal with Martin Farming — which operates at Paris, just northwest of Brantford — that will direct grain to Martin’s new 22,000-tonne-capacity elevator. The agreement “allows […] Read more
Trump issues permit for Alaska-to-Alberta railway
Reading Time: 2 minutes Washington | Reuters — U.S. President Donald Trump has issued a presidential permit for a private-sector proposal to build a railway from northeastern Alberta’s oil sands to ports in Alaska, a project that still faces numerous hurdles. Trump said over the weekend on Twitter he would issue the permit, which he signed on Monday but […] Read more
Trump-backed Canadian railway to Alaska faces high hurdles
Proponents say line could move grain, fertilizer as well as oil
Reading Time: 2 minutes Winnipeg/Washington | Reuters — A private-sector proposal endorsed by U.S. President Donald Trump to build a railway from Canada’s oil sands to ports in Alaska would free landlocked crude but faces numerous steep challenges. Trump wrote on Twitter over the weekend that he would issue a permit for the Alaska-Alberta Railway Development Corporation (A2A Rail) […] Read more
GFM Podcasts
Special Podcast
Farmtario is committed to providing information that matters to farmers in Ontario. Backed by leading and experienced farm journalists and content creators, Farmtario is a new source of insights for farming in Ontario including news, crop and livestock production, markets and ag tech. Receive your free eNewsletter today!