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CP CEO says unlikely to pursue hostile bid for CSX

By Allison Martell, GFM Network News October 21, 2014

Toronto | Reuters — Canadian Pacific Railway (CP) is still open to a merger with one of the two bigger eastern U.S. carriers even after talks with CSX Corp. failed, though a hostile bid is unlikely, CEO Hunter Harrison said Thursday. CP, Canada’s No. 2 railway with extensive operations in the U.S., said on Monday

Crops, Markets

CP, CSX no longer talking merger

By GFM Network News, Manitoba Co-operator Staff October 20, 2014

Canadian Pacific Railway (CP) has shut down last week’s media buzz about any possibility of a merger with the third biggest railway in the U.S. The Wall Street Journal and other media recently reported Calgary-based CP and Jacksonville-based CSX had held “exploratory talks” about combining their operations. [Related story] CP on Monday confirmed it had

Crops, Markets

U.S. senator raises concerns over potential CP, CSX deal

By GFM Network News October 17, 2014

Chicago | Reuters — The head of a U.S. Senate subcommittee raised concerns in a letter Thursday to the U.S. Attorney General and head of the top U.S. rail regulator about a potential merger between Canadian Pacific Railway and CSX Corp., and called on them both to fully review the antitrust implications of any such

Crops, Markets

As clock winds down, CP’s CEO hunts for his dream deal

By Allison Martell, GFM Network News October 17, 2014

Toronto/Chicago | Reuters — Veteran railroad boss Hunter Harrison has won over many critics since taking over as chief executive of Canadian Pacific Railway (CP), but he still has unfinished business — creation of a consolidated North American railway — and is running out of time to do it. That might explain why CP, Canada’s

Cereals, Grain Markets, Oilseeds, US Markets

U.S. Cash Grains-Corn, soy bids mostly steady in light trading

By Reuters November 29, 2013

Nov 29 (Reuters) - Spot cash basis bids for corn and soybeans held mostly steady around the U.S. Midwest on Friday, supported by light offerings from farmers and commercial elevators, grain merchants said. * Soy bids eased at a processor in Sioux City, Iowa, while bids for both soybeans and corn were largely unchanged elsewhere

Cereals, Grain Markets, Oilseeds, US Markets

U.S. Cash Grains-Soy bids mostly weak after farmer sales

By Reuters November 27, 2013

Nov 27 (Reuters) - Soybean cash basis bids were mostly steady to lower around the U.S. Midwest on Wednesday, pressured by a spike in farmer sales following a two-month high in futures prices at the Chicago Board of Trade, dealers said. * Bids eased at an elevator in Ohio, processor in Ohio and along Midwest

Cereals, Grain Markets, Oilseeds, US Markets

U.S. Cash Grains-Corn/soy bids flat; some corn bids roll to March

By Reuters November 26, 2013

Nov 26 (Reuters) - Spot cash basis bids for corn and soybeans were mostly steady in the U.S. Midwest interior on Tuesday and country selling was quiet as producers wrapped up the harvest, dealers said. * Farmers have enough income that many are delaying additional grain sales until the new year for tax purposes, dealers

Cereals, Grain Markets, Oilseeds, US Markets

U.S. Cash Grains-Soy bids weak in western Midwest as futures rise

By Reuters November 25, 2013

Nov 25 (Reuters) - Soybean spot basis bids were steady to lower at processors, elevators and river terminals in the western U.S. Midwest on Monday as the highest futures levels in two months sparked light farmer sales, dealers said. * Farmers sold small portions of their freshly harvested soybeans for the second straight session as

Cereals, Grain Markets, Oilseeds, US Markets

US Cash Grains-Soy bids mixed after rally spurs sales, corn flat

By Reuters November 22, 2013

Nov 22 (Reuters) - Soybean cash basis bids were steady to mixed across the U.S. Midwest on Friday as a 2 percent jump in futures sparked the largest volume in cash sales this week, dealers said. * The rally at the Chicago Board of Trade brought cash prices for soybeans above $13 per bushel at

Cereals, Grain Markets, Oilseeds, US Markets

U.S. Cash Grains-Most corn, soy bids steady; farm sales slow

By Reuters November 20, 2013

Nov 20 (Reuters) - Spot cash basis bids for corn and soybeans were mostly steady in the U.S. Midwest on Wednesday, and farmer selling remained slow due to low prices and plentiful storage, dealers said. * Last year's drought-reduced corn crop and a buildup in storage capacity in most areas over the past three years

Daily Network News

U.S. livestock: Cattle slip back, hogs gain

U.S. grains: Soy futures post biggest monthly gain in nearly five years on China trade optimism

Farm gate milk price to rise in 2026

Tag Archives CSX

CP CEO says unlikely to pursue hostile bid for CSX

CP, CSX no longer talking merger

U.S. senator raises concerns over potential CP, CSX deal

As clock winds down, CP’s CEO hunts for his dream deal

U.S. Cash Grains-Corn, soy bids mostly steady in light trading

U.S. Cash Grains-Soy bids mostly weak after farmer sales

U.S. Cash Grains-Corn/soy bids flat; some corn bids roll to March

U.S. Cash Grains-Soy bids weak in western Midwest as futures rise

US Cash Grains-Soy bids mixed after rally spurs sales, corn flat

U.S. Cash Grains-Most corn, soy bids steady; farm sales slow

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