Weather-related stalls in this fall’s Prairie grain harvest have chipped away at Canadian National Railway’s (CN) third-quarter financials, as the railway booked lower profits and revenues on “shifting traffic demands.” […] Read more
Tag Archives net income
CN feels Prairie harvest delays in Q3 revenues
Cargill profit jumps on beef demand, grain margins
Reuters — Global commodities trader Cargill reported a sharply higher quarterly net profit on Tuesday, helped by rising beef demand and stronger grain trading and processing margins. The privately held […] Read more
Input costs to chip away at farmers’ shrinking income
CNS Canada — An anticipated downturn in farm income and higher input costs mean Canadian producers will be in a tough financial position this year, the head of the National […] Read more
Farm incomes set to fall from record high
Reuters — Canadian farm incomes look set to fall in 2016 after a year of record profits, but will still reach above-average levels, according to a report from the federal […] Read more
CP books record profit, more grain revenue in 2014
Increased revenue from Canadian and U.S. grain traffic alike helped boost Canadian Pacific Railway (CP) to a record full-year profit in 2014. Calgary-based CP on Thursday reported net income of […] Read more