MarketsFarm — Feed grain prices have remained soft, as feedlots in Western Canada are covered for the foreseeable future. Last week, prices for feed barley and feed wheat delivered in Lethbridge were around $230 per tonne, but have come down by about $10 since then, according to Allan Pirness of Market Place Commodities. While these […] Read more
Tag Archives rail — page 4
Feed weekly outlook: Bids pressured by lower demand
CN could shut parts of network over pipeline protests
Reuters — Canadian National Railway said Tuesday it would be forced to shut down parts of its network unless rail line blockades in protest against a natural gas pipeline in British Columbia are removed. The protests of recent weeks are seen as a flashpoint for indigenous rights and reconciliation and demonstrators on Tuesday also blocked […] Read more
Carbon tax an eight per cent hit on net income, APAS says
The average Saskatchewan farmer can expect to lose about eight per cent of his or her annual net farm income to the federal carbon tax to 2020 — and 12 per cent in 2022, the province’s general ag group says. The Agricultural Producers Association of Saskatchewan on Monday released new estimates on the financial impacts […] Read more
CN, Teamsters reach deal to end strike
Montreal | Reuters — Teamsters Canada and Canadian National Railway on Tuesday said they reached a tentative deal to end a strike at the country’s largest railroad that had entered its eighth day, disrupting supply chains across the country. “We have a deal,” a CN spokesman said. The union said normal operations will resume on […] Read more
Propane-starved East’s grain growers seek end to CN strike
Farmers fighting through a soggy harvest in Eastern Canada have joined their western counterparts’ call for an end to the strike by Canadian National Railway workers — not to get grain out, but to get propane in. Restoring the supply of propane for Quebec’s farm businesses, in the wake of a Canada-wide strike launched Tuesday […] Read more
On the front lines: Trade war sinks North Dakota soy growers
Colfax, N.D. | Reuters — North Dakota bet bigger on Chinese soybean demand than any other U.S. state. The industry here — on the far northwestern edge of the U.S. farm belt, close to Pacific ports — spent millions on grain storage and rail-loading infrastructure while boosting plantings by five-fold in 20 years. Now, as […] Read more
Floods shut nearly a sixth of U.S. ethanol production
Mead, Neb./New York | Reuters — Massive flooding in the U.S. Midwest has knocked out roughly 13 per cent of the nation’s ethanol production capacity, as plants in Nebraska, Iowa and South Dakota have been forced to shut down or scale back production following the devastation. Production facilities owned by large companies like Archer Daniels […] Read more
Pulse weekly outlook: Little excitement in market
The pulse market has been largely quiet for the last couple of months, according to Adam Krieser of CanPulse Foods in Saskatoon, although rail shipments were curtailed due to weather and other issues including a fatal crash. Three Canadian Pacific Railway crew members were killed Feb. 4 when a grain train derailed on CP’s mainline […] Read more
CP mainline through Rockies reopened after crash
Canadian Pacific Railway’s mainline through the Rocky Mountains has reopened to traffic following a grain train derailment that killed three railroaders Monday. Calgary-based CP announced late Friday its mainline through Field, B.C. was reopened at midday Wednesday “in close collaboration with Transport Canada, and upon completion of all necessary safety checks.” Meanwhile, CP said Friday, […] Read more
Canadian canola demand off year-ago pace
CNS Canada — Canadian canola exports and domestic usage are both falling behind the year-ago pace, according to the latest Canadian Grain Commission data. Canada exported only 63,700 tonnes of canola during the week ended Jan. 6, according to the report. That compares with the average weekly movement during the crop-year-to-date of about 200,000 tonnes. […] Read more
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