Grain handling Archives - Page 40 of 55

Grain storage at a Russian seaport. (Pridannikov/iStock/Getty Images)

Baltic Dry Index tops 2,000 points

MarketsFarm — Ocean freight rates have moved steadily higher over the past month, nearing some of their highest levels of the past year. The Baltic Dry Index (BDI), a major indicator of shipping rates, has moved higher most of the past month, settling above 2,000 points for the first time in five months on Tuesday,

Crops

Richardson to upgrade western Manitoba elevator

High-throughput to replace wooden crib structure at Swan River

By Dave Bedard, GFM Network News March 16, 2021

Prairie grain handler Richardson Pioneer plans to start work this spring on a new high-throughput elevator “effectively replacing” its Swan River Valley unit in northwestern Manitoba. The Winnipeg company’s current site, on Canadian National Railway (CN) track about six kilometres north of the town of Swan River, is anchored by a wooden crib workhouse and

Members of the Regina Pats during a May 20, 2018 game against New Brunswick’s Acadie-Bathurst Titan at Brandt Centre in Regina. (CHL photo by Marissa Baecker)

Other

Ag equipment maker buys WHL’s Regina Pats

Brandt takes full ownership of hockey club

By Dave Bedard, GFM Network News March 15, 2021

Regina-based machinery manufacturer the Brandt Group is levelling up from partner to full owner of the Western Hockey League’s Regina Pats. Brandt, which since 2005 has held the naming rights to the Pats’ home arena, Brandt Centre — formerly the Regina Agridome — said Friday it has approval from the league’s board of governors and

Markets, News

CN Rail sees record grain movement for 12th straight month

By Phil Franz-Warkentin March 12, 2021

Canadian National Railway (CN Rail) continues to move grain and processed grain products at a record pace, according to update data from the company. The firm reported 2.28 million tonnes moved via carload in February coming in seven per cent above the previous record for the month set in 2019. CN has moved over 19.7

Grain being loaded on a ship at the Hudson Bay port of Churchill in 2015. (MarketsFarm photo by Jade Markus)

Crops, Other

Port of Churchill moves to 100 per cent local ownership

Corporate partners step out of owner group

By GFM Network News, MarketsFarm Team March 12, 2021

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

WGEA executive director Wade Sobkowich. (Manitoba Co-operator photo by Allan Dawson)

Crops, Markets, Weather

Railways to blame for terminal shortages, WGEA says

Grain handlers take issue with MarketsFarm report

By GFM Network News, Glen Hallick - MarketsFarm March 9, 2021

MarketsFarm — The association representing the Prairies’ main grain handling companies says recent delays in loading vessels have less to do with the availability of grain and more to do with the railways hauling it to port. The Western Grain Elevator Association (WGEA), which represents major handlers such as Viterra, Richardson, Cargill and others, raised

File photo of Highway 363 near Moose Jaw, Sask. (Mysticenergy/iStock/Getty Images)

Weather

Spring road bans coming into effect across Prairies

By GFM Network News, Phil Franz-Warkentin March 6, 2021

MarketsFarm — Warming temperatures and melting snow across Western Canada may cause some disruptions to grain and livestock movement over the next few weeks as seasonal spring road restrictions come into effect across the Prairies. The annual spring road restrictions set axle weight limits for vehicles moving on certain roads in an effort to reduce

Winnipeg South Centre MP Jim Carr speaks to the Canadian Crops Virtual Convention on March 2, 2021. (CCVC video screengrab)

Crops, Weather

Carbon tax rebate on grain drying fuels coming

Jim Carr reiterates Bibeau's pledge from last week

By Allan Dawson, GFM Network News March 4, 2021

Farmers can expect a rebate on carbon taxes paid on fuels used to dry grain, Jim Carr, the federal cabinet’s special representative for the Prairies, told the Canadian Crops Virtual Convention on Tuesday. However, he didn’t provide any details. “There is promising news on this front,” Carr told the meeting, hosted by the Canola Council

Markets

Farm cash receipts up in 2020

Crop receipts and direct payments up, livestock slightly lower

By GFM Network News, MarketsFarm Team March 3, 2021

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.

Crops, Weather

Grain drying relief moving forward, one way or other

Governing Liberals telegraph plans to introduce their own measure

By D.C. Fraser, GFM Network News February 28, 2021

Despite voting against a bill to exempt certain farm fuels from the carbon tax, the governing federal Liberals say tax relief for grain drying is coming. Conservative MP Philip Lawrence’s private member’s bill C-206, An Act to amend the Greenhouse Gas Pollution Pricing Act (qualifying farming fuel), passed second reading in the House of Commons

Daily Network News

U.S. grains: Soybeans continue gains on Trump’s China comments

U.S. livestock: Cattle futures end week higher on tight supply

Pea, lentil outlooks have some positive signals – Penner

Grain handling