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Railways are moving record amounts of grain -- but that's needed because farmers keep growing so much.
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Mixed messages: Declining order fulfilment accompanies grain shipping record

Increased grain production means new records are needed to move the crop, shippers say

By
Canada’s two main railways keep breaking grain movement records, but oddly, on-time car delivery has fallen compared to the same period last crop year. It’s counterintuitive, but the explanation is simple: grain companies have ordered 13 per cent more cars this crop year, and the railways, while setting records, aren’t keeping up with the increased
(CPR.ca)
Crops, Markets, Weather

Big Two railways release plans for winter

Snow-clearing equipment among investments at CN, CP

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Canada’s major railways have filed their winter contingency plans, as they are now required by law to do. Since updates to the Canada Transportation Act in 2018, Canada’s major rail companies have been required to publish winter plans and can be forced to pay up if they fail to deliver on certain promises of railcars.
File photo outside Viterra’s downtown Regina office building. (Glacier FarmMedia photo by Dave Bedard)
Crops

Viterra to replace western Saskatchewan elevator

Grain firm going bigger at Biggar

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Grain firm Viterra’s asset investment plan has moved onto Biggar things. Regina-based Viterra announced Monday it’s starting construction “immediately” on a new “state of the art” elevator about two km northeast of its current elevator at Biggar, Sask., about 90 km west of Saskatoon. The new concrete facility will have storage capacity of 34,000 tonnes
(Dave Bedard photo)
Crops

CN, CP set third-quarter records for grain movement

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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
(Ceres Global Ag video screengrab via YouTube)
Crops

Ceres to buy further into Saskatchewan grain handling

Company taking up Cargill elevator in northeast

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Minneapolis grain dealer Ceres Global Ag has made a deal to take its Prairie elevator network a step further northwest. The company announced Thursday it has an agreement in place to buy Cargill’s elevator and “associated assets” at Nicklen Siding, about 30 km north of Tisdale in northeastern Saskatchewan. The elevator, on Canadian National Railway
(File photo by Dave Bedard)
Crops

CP, CN break records for grain shipments

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MarketsFarm — Both of Canada’s major railways moved record-breaking amounts of grain in June and set records for the most grain moved in a fiscal quarter. Canadian National Railway (CN) reported moving 2.7 million tonnes of grain to ports during the month of June, while Canadian Pacific Railway (CP) moved 2.76 million tonnes. Similarly, CN
A container terminal in Halifax. (CN.ca)
Crops

CN sees eastern network revival on supply chain diversity, ports

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Montreal | Reuters — Canadian National Railway, the country’s biggest railroad, is banking on growth in consumer products and supply-chain diversification in Asia, to revive traffic on its underutilized eastern Canadian rail lines, the company’s CEO told Reuters Friday. Coronavirus, which hit China’s industrial production, along with U.S. tariffs on Chinese goods, are further leading
(File photo by Dave Bedard)
Crops, Markets

Grain exports flow fast as pandemic lockdowns clear rail capacity

Traffic accelerates on lower coal, crude volumes

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Winnipeg | Reuters — Canadian grain exporters are boosting sales in a slumping global economy, as demand for commodities like oil weakens and frees up railway space. Brisk crop movement in a country that relies heavily on rail is a bright spot during pandemic lockdowns, which have hammered most industries. “We’ve had an almost unlimited
(PortOfThunderBay.com)
Crops, Markets

Grain exports continue strong out of Thunder Bay

COVID-19 leads to increased demand, reduced oil traffic by rail

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MarketsFarm — The Port of Thunder Bay reported another strong grain handling month in May, as more than 1.1 million tonnes of Canadian grain and oilseeds moved through the harbour on the northern shores of Lake Superior during the month. Increased demand from many countries stockpiling grain amidst the global COVID-19 pandemic was cited as
(File photo by Dave Bedard)
Crops

Fuel, labour to pull grain freight cost indices lower

CP's share buybacks also a factor in its VRCPI

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The numbers that decide how much revenue Canada’s big two railways get to keep from Prairie grain handling have been marked downward for the 2020-21 crop year. The Canadian Transportation Agency last week announced it will set the volume-related composite price index (VRCPI) at 1.4202 for Canadian National Railway (CN) and at 1.4205 for Canadian

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