Grain prices are in that seasonal rut thanks to #harvest14 selling pressure and favourable planting conditions as South America starts its seeding season. On the speculation side, hedge funds are starting to increase their optimism that grain and oilseed prices will begin to rise. That being said, in the last four decades, an ounce of… Read More
Staff at Cargill crop input retail sites in Manitoba are letting customers know that the company will no longer sell anhydrous ammonia (NH3) fertilizer after next spring. Due to its hazardous nature and the strict regulations surrounding the handling of NH3, it’s become harder to find reliable transportation, says the company. “Our decision was based on several factors including the increasing… Read More
Heading past the halfway point of September, the pace of the North American harvest picked up with excellent weather allowing crops to dry out from late growing-season rains. That being said, the quality of the crop coming off is quite variable with reports of fields next to each other swaying a few grades one way… Read More
Canadian Pacific Railway (CP Rail) has filed a lawsuit against the Government of Canada, appealing changes to rail regulations brought forward in Bill C-30 — The Fair Rail for Grain Farmers Act. CP Rail names the Canadian Transportation Agency and the Attorney General of Canada in the suit, which was filed with the Federal Court… Read More
While oat supplies will be tighter than normal this year, problems getting the crop to market continue to put downward pressure on cash bids in Western Canada. “Oats is going to remain a tight supply, tight shipping market,” says Lorne Boundy, a Winnipeg-based oat merchandiser with Paterson Grain, in the following interview. The federal government’s… Read More
Western grains and oilseeds producers who have been unable to market their crops due to rail transportation challenges and flooding have been granted more time to repay their 2013 cash advances under the Advance Payments Program (APP), the federal government has announced. A stay of default on the repayment of advances for producers who received… Read More
Agriculture Minister Gerry Ritz and Transport Minister Lisa Raitt announced details of Bill C-30, the “Fair Rail for Grain Farmers” Act today, in Saskatoon, Saskatchewan. The measures, announced on this first day of the new crop year, include some which are hoped to improve the accountability for grain companies in contracts with an aim to… Read More
We’re about to embark on our third adventure in Brazil with Rob Saik, host of Agri-Treks and founder of Agri-Trend. We’ve explored Brazil’s Carnaval celebrations in São Paulo and Rio De Jainero, the favelas in Rio and now, we will experience the Port of Paranaguá. Located in the state of Paraná, the Port of Paranaguá has a long history, dating back to colonial times, as it was through Paranaguá that settlers first… Read More
Many grain market participants are blaming the end of the calendar month as the reason for some sharp losses this week, as funds try to shore up their books and withdraw cash to pay off clients requesting their investment back. It’s interesting to note that managed money went net short in Chicago last week and… Read More
Bill C-30, the Fair Rail for Grain Farmers Act, received Royal Assent yesterday, May 29, 2014. The bill was introduced into the House of Commons on March 27 as a means to address level of service issues in Canada’s rail transportation system. The Fair Rail for Grain Farmers Act includes amendments to the Canada Transportation… Read More
There’s a right way and a wrong way to get rid of treated seed. Using up most of what you have is a logical first step, but even the few kernels left in bins, trucks or augers could cause you major headaches down the line. Canada’s grain handling system has a zero tolerance level for… Read More
The Canadian Canola Growers Association (CCGA) announced today that it has filed a Level of Service Complaint with the Canadian Transportation Agency, contending that Canadian National Railway and Canadian Pacific Railway did not fulfill their common carrier obligations for the movement of Western Canadian grains and oilseeds this crop year. “The breakdown of the Western… Read More
The National Energy Board has published some interesting numbers as data tallies were finalized for 2013’s fourth quarter. The data shows drastic increases in rail movement of crude oil from 2012 to 2013. In 2012, October to December rail movement of crude oil was tallied at a little over 1.1M cubic metres (12.6K m³ per day). In… Read More
Agriculture Minister Gerry Ritz and Transport Minister Lisa Raitt announced Monday, May 5, 2014, that the Fair Rail for Grain Farmers Act (Bill C-30) passed third reading in the House of Commons and has been referred to the Senate. This legislation aims to put into law measures for Canada’s logistics system to move agricultural products,… Read More
The federal government’s proposed Bill-30, dubbed the “Fair Rail for Grain Farmers” act, hit a snag while moving through the legislative process yesterday, as the bill was sent back to committee over an amendment being deemed “out of order.” At issue was the amendment proposing railways compensating shippers over poor service — what some have… Read More
Register for a RealAgriculture account to manage your Shortcut menu instead of the default.