The federal government is extending — but also reducing — the weekly minimum grain shipping requirements for Canada’s two national railways, as it aims to resolve the remainder of the grain backlog in Western Canada. A new Order in Council will take effect on Sunday, November 30th and require CN and CP Rail move between 200,000 and 465,000 tonnes of grain… Read More

Canada’s two major railways have changed they way they process requests for grain cars in Western Canada. To deter shippers from ordering more cars than they can handle, both Canadian National and Canadian Pacific are capping the number of outstanding orders a grain shipper can have in their systems. As of September 14th, the total… Read More

Following the end of the Canadian Wheat Board’s single desk, there was strong interest in growing wheat varieties from classes other than the traditional Canada Western Red Spring wheat that Canada is known for. There was plenty of talk about producing more high-yielding CPS (Canada Prairie Spring) wheat, but two years later, that buzz seems… Read More

Corn and wheat futures moved higher, while soybean values dropped following the release of the U.S. Department of Agriculture’s November crop production and supply/demand estimates on Monday morning. The numbers were not as bearish as many traders and analysts were expecting, says Mike Krueger, president of The Money Farm, in the interview above. “People thought… Read More

Almost four years after ordering them, CWB has taken delivery of the first of two ships for moving grain from Thunder Bay across the Great Lakes. CWB Marquis, an Equinox class laker, is currently crossing the Pacific Ocean from China, and is expected to reach the St. Lawrence Seaway via the Panama Canal by the end… Read More

Farmers of North America is urgently seeking farmers willing to invest in acquiring a majority stake in CWB (formerly the Canadian Wheat Board.) The “farmer business alliance” has hosted dozens of farmer meetings across Western Canada over the last few weeks — right in the middle of harvest for most potential investors. While the plans that… Read More

The organization representing major grain elevator companies in Western Canada says it believes both Canadian National Railway (CN) and Canadian Pacific Railway (CP) have failed to meet weekly grain shipping requirements for extended periods of time since the weekly minimum thresholds were implemented back in March. The federal agriculture minister confirmed last week that the… Read More

 

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