(Dave Bedard photo)

New environmental rules expected to further lift diesel prices

MarketsFarm — Diesel prices in Canada and the U.S. have increased marginally ahead of winter, which is expected for this time of year — but in the New Year, prices on the farm will likely be higher than normal, as the ocean freight industry adopts new environmental standards. While a farmer’s demand for diesel is

(Dave Bedard photo)

Elevator operators seek quick end to CN strike

The Western Grain Elevator Association (WGEA) wants grain shipments on Canadian National Railway (CN) to resume as soon as possible. “It has a major impact for every day that we’re not moving grain on CN,” WGEA executive director Wade Sobkowich said in an interview Tuesday. “A federal mediator has been appointed and that’s a step


CBOT December 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat futures climb on short-covering

Chicago | Reuters — U.S. wheat futures hit their highest in nearly a week on Tuesday as declining U.S. wheat condition ratings and worries about Southern Hemisphere crop prospects fueled a round of short-covering, analysts said. Corn firmed on signs of improving export prospects and soybean futures closed modestly higher. Chicago Board of Trade December

(TeamstersRail.ca)

CN conductors on strike

Unionized conductors, trainpersons and yard workers at Canadian National Railway are on strike as of Tuesday morning. The Teamsters Canada Rail Conference (TCRC), whose CTY arm represents about 3,000 unionized CN staff, announced late Monday its members would stop work at 12:01 a.m. ET Tuesday. “Unfortunately, we were unable to reach a deal with CN,”



Smoke billows during a fire in an area of the Amazon rainforest near Humaita, Amazonas State, Brazil on Aug. 14, 2019. (Photo: Reuters/Ueslei Marcelino)

Brazil Amazon deforestation soars to 11-year high

Sao Jose dos Campos, Brazil | Reuters — Deforestation in Brazil’s Amazon rainforest rose to its highest in over a decade this year, government data on Monday showed, confirming a sharp increase under the leadership of right-wing President Jair Bolsonaro. The data from Brazil’s INPE space research agency, which showed deforestation soaring 29.5 per cent


(TeamstersRail.ca)

Teamsters serve strike notice on CN

Teamster-led workers in contract talks with Canadian National Railway could be on the picket line as early as 12:01 a.m. ET Tuesday after serving strike notice on the company. The Teamsters Canadian Rail Conference – Conductors, Trainpersons and Yardpersons (TCRC-CTY), which represents about 3,200 CN conductors and railyard co-ordinators in Canada, has served 72 hours’




CN locomotives in Winnipeg. (Photo courtesy CN)

CN to cut management, union jobs

Reuters — Canadian National Railway said on Friday it would cut management and union jobs, as the largest Canadian railroad operator grapples with an economic slowdown. The company will lay off 1,600 employees in the U.S. and Canada, according to a report by the Globe and Mail. The announcement comes amid declining freight volumes as