MarketsFarm — A renewed agreement between Russia and Ukraine to allow the latter’s grain to be shipped out of the Black Sea has recently been putting pressure on corn and […] Read more
Tag Archives railways
CBOT weekly outlook: Renewed agreement puts pressure on corn, wheat
Soy trade focused on Brazil's crop potential
U.S. grains: Futures slip on rail strike threat, EU wheat talk
U.S. winter crop ratings at lowest since at least 1986
Chicago | Reuters — Chicago Board of Trade grain futures fell on Tuesday, amid growing concern over a possible U.S. rail strike and market speculation that U.S. grain buyers were […] Read more
U.S. grains: Corn, wheat ease on firm U.S. dollar, export concerns
U.S. rail union votes against tentative contract deal
Chicago | Reuters — Chicago Board of Trade grain futures eased on Monday as a stronger dollar and worries about U.S. exports weighed on prices, analysts said. The dollar advanced […] Read more
Biggest U.S. rail union rejects tentative deal, raising threat of strike
Union digs in on paid sick time
Washington/Los Angeles | Reuters — Workers at the largest U.S. rail union voted against a tentative contract deal reached in September, raising the possibility of a year-end strike that could […] Read more
Third U.S. union rejects national rail contract deal
Two major unions' decisions due next week
Washington | Reuters — A third U.S. rail union voted on Monday to reject a tentative national contract reached in September, but expects to continue negotiating to reach a deal. […] Read more
U.S. grains: Wheat futures fall from two-month highs amid broad sell-off
USDA resumes weekly export sales data
Chicago | Reuters — U.S. grain and soybean futures closed lower on Thursday, with profit-taking dragging wheat down from two-month highs, traders said. Broad-based selling added pressure on prices as […] Read more
U.S. railroad strike averted
Biden calls deal a 'win for America;' strike's impact would have reached up into Canada
Updated | Washington | Reuters — Major U.S. railroads and unions secured a tentative deal on Thursday after 20 hours of intense talks brokered by President Joe Biden’s administration to […] Read more
U.S. railways to halt grain shipments ahead of potential shutdown
Fall fertilizer traffic also at risk
Chicago | Reuters — Some U.S. railroads will start halting crop shipments on Thursday, a day ahead of a potential work stoppage, an agricultural association and sources at two grain […] Read more
U.S. government makes contingency plans for rail shutdown
Three unions represent about 60,000 rail workers
Washington/Los Angeles | Reuters — U.S. President Joe Biden’s administration on Tuesday made contingency plans aiming to ensure deliveries of critical goods in the event of a shutdown of the […] Read more
CP arbitration ends in two-year deal for engineers, conductors
Dispute led to rail service outage in March
Mediation and arbitration hearings over the weekend have ended in a two-year labour deal for engineers, conductors and train and yard service staff at Canadian Pacific Railway. The agreement puts […] Read more