Agricultural legislators from Canada, the U.S. and Mexico met in Chicago last week for the Tri-National Accord — an annual meeting of provincial, state and national delegates to discuss agricultural trade issues. U.S. country of origin labeling (COOL), the impact of PED virus on North American hog production and challenges with grain logistics were three… 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

CWB today announced the construction of its fourth state-of-the-art grain elevator located half a mile south of Glenlea, near St. Adolphe, Manitoba. Situated off Highway 75, CWB’s newest elevator will feature 34,000 tonnes (mT) of storage and is scheduled to open in early 2016. The geotechnical survey for the elevator is complete and construction is scheduled… Read More

The Canadian Transportation Agency (CTA) has decided it will not hear the Canadian Canola Growers Association (CCGA) Level of Service Complaint originally filed on May 26, 2014. In its decision, which responds to motions to dismiss from both railways, the CTA concluded there was not sufficient evidence to proceed with the complaint, according to a… 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

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

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

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

 

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