Grain handling Archives - Page 28 of 55

After several banner years, suddenly the railways can’t spot cars at elevators in time.

Railways struggle to move smallest western crop in years

Car cycle times are the lowest in almost 40 years and demurrage charges are through the roof

By Allan Dawson February 24, 2022

[UPDATED: Feb. 25, 2022] After five consecutive years of record western Canadian grain movement, grain shipping has slowed to a trickle and poor railway service, not the 2021 drought, is getting most of the blame. The railways recovered relatively quickly from floods in British Columbia late last fall and grain shippers were expecting an upswing

A CNH manufacturing plant at Sorocaba, west of Sao Paulo in southeastern Brazil. (Photo courtesy CNH Industrial)

Crops, Markets

CNH sees revenues rising to 2024 on precision agriculture plans

Margin at agricultural unit seen at 14.5 to 15.5 per cent

By GFM Network News, Reuters February 22, 2022

Milan | Reuters — Italian-American vehicle maker CNH Industrial on Tuesday gave guidance for a total revenue growth of up to 24 per cent through 2024 as it presented a new business plan after spinning off its truck, bus and engine units. In a bid to focus on its higher-margin agriculture and construction machine businesses,

Accumulated precipitation in Western Canada from Nov. 1 to Feb. 15. (AAFC)

Weather

Expect Prairie temperatures below normal until month’s end

By GFM Network News, Glen Hallick - MarketsFarm February 17, 2022

MarketsFarm — The Prairie weather outlook for the rest of February is likely to remain below normal, according to Scott Kehler, chief scientist for Weatherlogics in Winnipeg. “[But] not as cold as it has been for most of the winter,” he added. Much of January and February have been highlighted by temperatures well below normal.

An image created by Nexu Science Communication, together with Trinity College in Dublin, shows a model structurally representative of a betacoronavirus, the type of virus linked to COVID-19. (Nexu Science Communication via Reuters)

Other

Canada to ease travel requirements as COVID cases decline

By GFM Network News, Steve Scherer February 15, 2022

Updated — Ottawa | Reuters — Canada will ease entry for fully vaccinated international travelers starting Feb. 28 as COVID-19 cases decline, allowing a rapid antigen test for travelers instead of a molecular one, officials said Tuesday. Antigen tests are cheaper than a molecular test and can provide results within minutes. The new measures, which

Protestors’ vehicles block the route leading from the Ambassador Bridge, linking Detroit and Windsor, on Feb. 8, 2022. (Photo: Reuters/Carlos Osorio)

Markets

More government action likely as border blockades hit trade

Manitoba's main crossing now also blocked

By David Shepardson, GFM Network News February 10, 2022

Reuters — The shutdown of a vital U.S.-Canada trade route is knocking out automakers’ operations as the business impact from the two-week-old protests against Canada’s pandemic measures ramp up pressure on authorities to quell the demonstrations. The protests started as a “Freedom Convoy” occupying downtown Ottawa, opposing a vaccinate-or-quarantine mandate for cross-border truckers mirrored by

File photo of a view near the Canadian end of the Ambassador Bridge, which connects Windsor and Detroit and is considered one of North America’s busiest trade routes. (Steven_Kriemadis/iStock/Getty Images)

Pandemic border protests strand cattle and car parts

By GFM Network News, Julie Gordon, Rod Nickel February 8, 2022

Ottawa | Reuters — Protests in Canada against vaccine mandates have disrupted two key U.S. border crossings, and are snarling hundreds of millions of dollars daily of trade, ranging from cattle to car parts. Demonstrations who at first demanded an end to federal COVID-19 vaccine mandates for cross-border truck drivers began Jan. 28 in the

A supplied aerial photo of vehicles blocking through traffic on Feb. 1, 2022 at the Canada-U.S. border crossing between Coutts, Alta. and Sweet Grass, Montana. (Photo courtesy Alberta RCMP)

Single lanes opened at Alberta border crossing, Mounties say

RCMP 'acknowledges the work that is being done'

By Dave Bedard, GFM Network News February 3, 2022

Single lanes have reopened in each direction at Alberta’s busiest Canada-U.S. trade window, allowing cross-border supply chains to resume, RCMP report. In response to “concerned citizens in the area of Coutts,” participants in a blockade of vehicles in place at the local border crossing “made the decision to open a lane going northbound and southbound

Markets, News

Widespread rains bring relief to Argentina’s grain crops

By Maximilian Heath January 31, 2022

Reuters – Heavy rainfall brought relief to Argentina’s main agricultural areas over the weekend of Jan. 15, interrupting several weeks of dry weather that led the Rosario grains exchange to trim its forecasts for both soybean and corn production. German Heinzenknecht, meteorologist at the Applied Climatology Consultancy (CCA), said the weekend showers came as expected,

Crops, Markets

Feed weekly outlook: Markets facing uncertainty

By GFM Network News, Phil Franz-Warkentin January 28, 2022

MarketsFarm — Feed grain markets in Western Canada are facing some uncertainty amid tight domestic supplies and reports of transportation issues bringing up corn from the United States. “It’s very strange,” said Susanne Leclerc of MarketMaster Ltd. in Alberta. “You see stories like that (reporting on feedlots running low on grain), then you talk to

Crops

CN names new CEO, easing tussle with investor

Former CP executive Tracy Robinson returns to rail

By GFM Network News, Reuters January 26, 2022

Reuters — Canadian National Railway on Tuesday named industry veteran Tracy Robinson as its new chief executive officer, soothing a months-long tussle with its second-largest shareholder over leadership at the railroad operator. Robinson will replace Jean-Jacques Ruest, who announced his decision to step down from the role in October following investor demands for his exit

Daily Network News

U.S. livestock: Cattle rally, hogs rise

Extreme heat can overcome honeybees’ ability to regulate hive temperature Arizona study shows

U.S. grains: Soybeans, wheat, corn end lower on broad commodities slump

Grain handling