Buenos Aires | Reuters — Argentine grains trucking activity has rebounded to near normal levels after a major strike last week, according to transport data and port sources, a relief to exporters in the world’s No. 1 shipper of processed soy and No. 2 for corn. Truckers agreed late last week to end a strike […] Read more
Tag Archives grain — page 8
Argentina grains truck activity rebounds after strike lifted
Argentine grain truckers strike, threatening exports amid harvest
Buenos Aires | Reuters — Truckers in Argentina began an open-ended strike on Monday to demand higher rates for transporting grain and livestock, an action that could hit grain exports during a key part of the harvest. Argentina, the world’s leading exporter of soy derivatives and second-largest corn exporter, recently started harvesting both grains, which […] Read more
Putin ally warns agriculture supplies could be limited to ‘friends’
Reuters — One of Russian President Vladimir Putin’s allies warned on Friday that Russia, a major global wheat exporter, could limit supplies of agriculture products to “friendly” countries only, amid Western sanctions imposed on Moscow over the Ukraine crisis. Dmitry Medvedev, who served as president from 2008 to 2012 and is now deputy secretary of […] Read more
Canadian and U.S. shippers brace for possible CP strike
Strike notice not yet given
Winnipeg | Reuters — Thousands of workers at Canada’s second-biggest railway, Canadian Pacific Railway, have threatened to strike this week, potentially disrupting the movement of grain, potash and coal at a time of soaring commodity prices. The strike is the latest risk to Canada’s battered supply chain, which last year weathered floods in British Columbia […] Read more
Traders consider exporting Ukraine grain by rail
Lviv | Reuters — Traders are trying to arrange the export of Ukrainian-origin grain by train through western Ukraine’s borders, but the export capacities are very limited, APK-Inform agriculture consultancy said Friday. Ukraine’s state-run railway operator said this week it was ready to organize agricultural exports by rail as a matter of urgency after closure […] Read more
W.A. Grain’s farmer suppliers to get 80 cents on dollar
CGC program to provide $5.6 million of $7.1 million owed
Farmers owed $7.1 million by W.A. Grain and Pulse Solutions, which had facilities in Alberta and Saskatchewan, will get $5.6 million, or about 80 per cent of the money owed to them, via the Canadian Grain Commission’s (CGC) Safeguards for Grain Farmers Program. “While we regret producers didn’t get 100 per cent (of what they […] Read more
Ukraine’s ports to stay closed until Russian invasion ends
London | Reuters — Ukrainian ports will remain closed until Russia’s invasion ends, the head of Ukraine’s Maritime Administration said on Monday, adding that the port of Mariupol has sustained damage from Russian shelling. Russia invaded Ukraine on Feb. 24, calling its actions a “special operation.” “The ports will be shut until the end of […] Read more
Grain exporters tap EU supplies as war shuts Ukraine ports
Hamburg/Paris | Reuters — Grain exporters are looking for alternative sources of wheat and corn as a Russian invasion cuts off Ukrainian supplies, with European Union producers Romania and France being used to cover some nearby loadings, traders said Friday. The conflict has rattled grain markets, with European wheat futures surging to a record high […] Read more
Ukraine shuts ports as conflict threatens grain supplies
Moscow/Kyiv | Reuters — Ukraine’s military has suspended commercial shipping at its ports after Russian forces invaded the country, an adviser to the Ukrainian president’s chief of staff said, stoking fear of supply disruption from leading grain and oilseeds exporters. Russia earlier ordered the Azov Sea closed to the movement of commercial vessels until further […] Read more
Year-end profits up for CN, CP despite lower grain handles
Railways' ledgers weather drought, B.C. disasters
Both of Canada’s big two railways were able to improve their overall gross and net in 2021 over 2020 despite a yield-robbing drought and disastrous track and bridge washouts in southern British Columbia. Canadian National Railway (CN) on Tuesday reported 2021 net income of $4.892 billion on $14.477 billion in gross revenue, up from $3.784 […] Read more
Cyber-Savvy Farmer
