(Dave Bedard photo)

Cargill Q1 profit jumps despite commodities slump

Chicago | Reuters — Global commodities trader Cargill Inc. effectively navigated tumbling commodities markets and volatile currencies to turn in a 20 per cent gain in first-quarter profit, the privately held company said Wednesday. The Minnesota-based company’s grain and oilseed supply chain and energy businesses were standouts in the quarter ended Aug. 31, in stark

Reg Dyck, chair of KAP’s transportation committee, says most of the savings gained from a more efficient grain-handling and transportation system have gone to the railways, not farmers.

KAP seeks regulations to spur rail competition

The Manitoba farm organization submits 13 recommendations to the rail review panel

Thirty years of reforms to Western Canada’s grain-handling and transportation system (GHTS) have seen rail profits increase while farmers pay more to ship grain and get poorer service, Keystone Agricultural Producers (KAP) has told the Canada Transportation Act Review panel. KAP blames a lack of competition between the two main rail firms, Canadian National Railway



(Dave Bedard photo)

Mandatory minimum grain handle extended

A new order-in-council will extend the federal government’s mandatory minimum weekly grain handle for Canada’s big two railways through March, just as the previous order expires. Federal Transport Minister Lisa Raitt and Agriculture Minister Gerry Ritz on Saturday announced the mandatory minimums, which expired Saturday, are extended until March 28, 2015. The new order, however, adjusts the