MarketsFarm — Grain movement at the Port of Thunder Bay included a rare inbound cargo of feed wheat, according to the port’s latest monthly report. A 12,000-tonne shipment of feed […] Read more
Tag Archives grain
Thunder Bay reports rare inbound grain shipment
Argentina forms agency to manage cargo river, grain exporters worry
Added bureaucracy in grain shipping feared
Buenos Aires | Reuters — Argentina said on Wednesday it had formed a new government agency to manage dredging operations needed to ensure navigation of the Parana River, which carries […] Read more
Russia’s agriculture ministry pauses grain harvesting data
Moscow | Reuters — Russia’s agriculture ministry has paused its daily publication of grain harvesting data while it refines the reporting format used by the country’s growing regions, the ministry […] Read more
The Andersons to pay debt, invest in core units after rail business sale
Renewable fuels, specialty foods investments considered
Chicago | Reuters — U.S. grain handler The Andersons plans to use US$550 million from the sale of its rail leasing business to pay down debt and invest in sustainable […] Read more
P+H to replace eastern Saskatchewan elevator
New facility, loop track to be on line in mid-2022
Agrifood company Parrish and Heimbecker (P+H) plans to build a new and leaner grain elevator at Yorkton, Sask. to replace its 41-year-old facility there. The privately-held Winnipeg grain firm said […] Read more
IGC expects larger world grain crop but tighter stocks
MarketsFarm — World grain production is forecast to hit a new record in 2021-22, but increasing demand should still cause ending stocks to tighten to their lowest level in seven […] Read more
Barge backlog starts moving as Mississippi River reopens
Over 1,000 barges waiting to pass
Chicago | Reuters — The Mississippi River reopened to vessel traffic near Memphis on Friday, the U.S. Coast Guard said, ending a shutdown of part of the waterway that caused […] Read more
U.S. barge backup worsens as Mississippi River shut near Memphis
Chicago | Reuters — A traffic jam on the lower Mississippi River swelled to 771 barges on Thursday as a fractured bridge near Memphis closed the waterway that is crucial […] Read more
Ocean freight rates at decade highs
MarketsFarm — Ocean freight rates have climbed steadily higher over the past year, recovering from the lows hit at the start of the pandemic in early 2020 to see their […] Read more
Cost index up for CN, down for CP in grain revenue formula
CP expects lower labour costs, CN higher
Expected labour costs were the major difference in a new ruling on the index that determines how much revenue each of Canada’s big two railways get to keep in the […] Read more
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