GFM Network News


Parrish and Heimbecker’s existing grain elevator at Yorkton, Sask. (ParrishandHeimbecker.com)

P+H to replace eastern Saskatchewan elevator

New facility, loop track to be on line in mid-2022

Agrifood company Parrish and Heimbecker (P+H) plans to build a new and leaner grain elevator at Yorkton, Sask. to replace its 41-year-old facility there. The privately-held Winnipeg grain firm said Wednesday it has already started work on the new build, which it expects to have ready to receive grain in June next year. The existing

(JJ Gouin/iStock/Getty Images)

IGC expects larger world grain crop but tighter stocks

MarketsFarm — World grain production is forecast to hit a new record in 2021-22, but increasing demand should still cause ending stocks to tighten to their lowest level in seven years, according to updated projections from the International Grains Council. Total grain production — which includes wheat, corn and other coarse grains — is forecast






canadian grain commission

Editor’s Take: Coming and going

Farmers and the grain trade may have many common interests, but they are not perfectly aligned

What’s the right amount of oversight in Canada’s grain quality assurance system? That’s the fundamental question at the heart of an ongoing review of the Canadian Grain Commission and Canada Grain Act. As our Allan Dawson reports, many in the grain trade want to see the regulatory burden lighten. The Western Grain Elevator Association, which

(Dave Bedard photo)

Cost index up for CN, down for CP in grain revenue formula

CP expects lower labour costs, CN higher

Expected labour costs were the major difference in a new ruling on the index that determines how much revenue each of Canada’s big two railways get to keep in the coming crop year from hauling Prairie grain. The Canadian Transportation Agency (CTA) on Thursday announced its decisions on the volume-related composite price index (VRCPI) for

A live Google map from the evening of March 30, 2021 showing vessels currently at Thunder Bay. (Portofthunderbay.com)

Port of Thunder Bay opens for season

MarketsFarm — The 2021 navigation season is officially underway at the Port of Thunder Bay, as the tugboat Sharon M1 and barge Huron Spirit arrived late Friday. The tug-barge combo discharged a calcium chloride brine solution, used as a stabilizer and dust suppressant. The same combo also opened the season 2020, one year ago to


(File photo by Dave Bedard)

Canadian Pacific to buy Kansas City Southern in bet on trade

Biggest North American rail deal ever valued at US$25 billion

Reuters — Canadian Pacific Railway (CP) agreed on Sunday to acquire Kansas City Southern in a US$25 billion cash-and-stock deal to create the first railway spanning the United States, Mexico and Canada, standing to benefit from a pickup in trade. It would be the largest ever combination of North American railways by transaction value. It

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,