Export demand keeps Thunder Bay grain traffic solid

MarketsFarm -- Grain movement out of Thunder Bay continues to run at a very strong pace, with shipments to Europe, the Middle East and North Africa behind much of the increased movement. As of Saturday, more than two million metric tonnes of grain have been directly exported from Thunder Bay elevators by ocean-going (saltie) vessels[...]

Grain, oilseed exports running ahead of average

MarketsFarm -- Canadian grain and oilseed exports have left the country at a rapid pace during the first 10 weeks of the 2020-21 crop year, with canola, wheat,and barley movement-to-date all up substantially on the year. Total exports of Canada's major grains and oilseeds as of Sunday came in at 9.57 million tonnes, according to[...]


CN, CP set third-quarter records for grain movement

MarketsFarm -- Canada's big two railways again reported moving record amounts of Canadian grain during the third quarter of 2020. Canadian National Railway (CN) reported Monday it had shipped 7.76 million tonnes of grain by rail, and Canadian Pacific Railway (CP) said Friday it had moved 7.72 million tonnes. For CN that not only marked[...]

Grain traffic at Thunder Bay up 27 per cent on year

MarketsFarm -- Grain movement through the Port of Thunder Bay is reported to be up 27 per cent compared to the previous year halfway through the 2020 shipping season. A total of 5.05 million tonnes of grain were shipped through Thunder Bay as of Aug. 31, port officials said in a release. That compares with[...]


USDA data show tighter U.S. grain, oilseed stocks

MarketsFarm -- Quarterly stocks data from the U.S. Department of Agriculture showed tighter-than-expected supplies of soybeans, corn, and wheat in the country. Soybean stocks, as of Sept. 1, 2020, were pegged at 523 million bushels, which was down by 42 per cent from the previous year and below average trade estimates. Corn stocks were below[...]

Port of Thunder Bay opens for season

MarketsFarm -- The 2021 navigation season is officially underway at the Port of Thunder Bay, as the tugboat Sharon M1 and barge Huron Spirit arrived late Friday. The tug-barge combo discharged a calcium chloride brine solution, used as a stabilizer and dust suppressant. The same combo also opened the season 2020, one year ago to[...]


Port of Churchill moves to 100 per cent local ownership

MarketsFarm -- The Port of Churchill is undergoing an ownership transition that will see its OneNorth community and Indigenous partners assume 100 per cent ownership of the Hudson Bay port and the rail line connecting it to northwestern Manitoba. The Churchill Marine Tank Farm and associated assets are also part of the deal, according to[...]

Long-range forecast points to cool, wet spring for northern Prairies

MarketsFarm -- Central and northern agricultural regions of Saskatchewan and Alberta are forecast to see cooler-than-normal temperatures with above-average precipitation over the next three months, according the latest long-range outlook from Environment Canada. The department's latest seasonal weather maps, dated Sunday, show a 40-50 per cent chance of above-normal precipitation across most of the northern[...]


Cattle inventories continue to decline, StatsCan says

MarketsFarm -- Canada's cattle herd in 2019 continued on its generally consistent path of declining numbers, according to new data Statistics Canada released Tuesday. Aside from a few slight increases in 2012, 2013 and 2018, Canadian cattle inventories have moved lower since 2005. At 11.2 million head, the reported number of cattle on farms in[...]

Farm cash receipts up in 2020

MarketsFarm -- New data from Statistics Canada on Tuesday showed Canadian farm cash receipts went up in 2020, despite the COVID-19 pandemic, on the strength of rising crop prices and exports. The total value of farm cash receipts in the country totalled $71.7 billion in 2020, an 8.1 per cent increase from the previous year.[...]