(CPR.ca)

Absence of issues leads to January record for grain movement

CN, CP so far see 'calamity-free' 2022-23

MarketsFarm — So far this winter grain movement in Canada has yet to incur few — if any — major problems that have stymied rail shipments, according to Mark Hemmes, president of Quorum Corp., which tracks rail movement in Canada. Canadian Pacific Railway and Canadian National Railway (CP, CN) have been doing good jobs during

Dr. Digvir Jayas. (University of Manitoba photo)

Acclaimed Manitoba stored grain researcher now Alberta bound

Digvir Jayas named president at University of Lethbridge

A leading Canadian researcher and expert in safe storage of grain is headed westbound and up to the head office at another Prairie university. Dr. Digvir Jayas, currently on sabbatical as professor and vice-president (research and international) at the University of Manitoba, will become president and vice-chancellor at the University of Lethbridge effective July 1





(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Prices slip during quiet January

Shortages of trucks, drivers still trouble cattle sector

MarketsFarm — With January being a quiet time there’s isn’t a whole lot of direction for feed grains, according to Brandon Motz of CorNine Commodities at Lacombe, Alta. Prices for feed barley and wheat have been slowing slipping, he said — especially with feedlots not having to buy and farmers not needing to sell —

A container terminal at the Port of Vancouver. (FangXiaNuo/E+/Canada)

Ocean freight rates falling

Baltic index at lowest since mid-2020

MarketsFarm — Ocean freight rates are under pressure to start 2023, with the Baltic Dry Index (BDI) dipping to its lowest level since June 2020 as poor demand for vessels weighed on values. A seasonal slowdown of cargo movement ahead of the Chinese New Year was seen as contributing to the latest softness, despite easing


(File photo by Dave Bedard)

Railways over revenue cap in drought year, CTA finds

CN, CP now owe $5.7 million in overages, penalties

Despite a dramatically lower Prairie grain handle in the last crop year, the Western Grains Research Foundation can expect a $5.7 million gift card from Canada’s big two railways by the end of next month. The Canadian Transportation Agency, which sets the maximum revenue entitlements (MREs) each crop year for Prairie grain handled by Canadian

The Port of Churchill.

Comment: Is the Port of Churchill finally opening for business?

Manitoba and Canada would benefit enormously from using this gateway to the world

Manitoba Premier Heather Stefanson has finally voiced support for more energy exports out of Hudson Bay. That is excellent news because the potential is real and the reasons to refuse are illusory. “We are looking at liquefied natural gas, primarily,” Stefanson told reporters recently. “We know with the energy challenges in Europe, with the horrible


File photo of a BNSF grain train crossing the Gassman Coulee trestle near Minot, North Dakota. (Photo courtesy BNSF Railway)

Biden administration makes case for quick Senate vote to avoid rail shutdown

Bill imposing deal on workers clears House

Washington | Reuters — The Biden administration on Thursday urged the U.S. Senate to quickly pass a bill to block a railroad strike, warning that serious economic disruptions could be felt within days. The U.S. House of Representatives on Wednesday voted to approve a bill to impose a tentative contract deal reached in September on

(Mysticenergy/iStock/Getty Images)

Environment Canada sees ‘average’ Prairie winter ahead

MarketsFarm — An ‘average’ winter is in the forecast for most of the Canadian Prairies, according to the latest long-range seasonal forecast for December through February from Environment Canada, released Wednesday. The government department is calling for normal temperatures across all the agricultural areas of the three Prairie provinces — aside from the northernmost reaches