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Grain is loaded onto ships for export at a port on the Parana River near Rosario, Argentina on Jan. 31, 2017. (File photo: Reuters/Marcos Brindicci)
Crops

Argentina forms agency to manage cargo river, grain exporters worry

Added bureaucracy in grain shipping feared

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Buenos Aires | Reuters — Argentina said on Wednesday it had formed a new government agency to manage dredging operations needed to ensure navigation of the Parana River, which carries about 80 per cent of the country’s grains exports from the Pampas farm belt out to sea. For decades, cargo ships have paid tolls directly
File photo of wheat being loaded onto a bulk vessel at port in Russia. (YGrek/iStock/Getty Images)
Crops, Markets

Russia’s agriculture ministry pauses grain harvesting data

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Moscow | Reuters — Russia’s agriculture ministry has paused its daily publication of grain harvesting data while it refines the reporting format used by the country’s growing regions, the ministry said Wednesday. Russia is the world’s largest wheat exporter, supplying it mainly to Africa and the Middle East. It competes with the European Union and
The Andersons Grain Group’s Toledo-area elevator at Maumee, Ohio. (AndersonsGrain.com)
Crops

The Andersons to pay debt, invest in core units after rail business sale

Renewable fuels, specialty foods investments considered

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Chicago | Reuters — U.S. grain handler The Andersons plans to use US$550 million from the sale of its rail leasing business to pay down debt and invest in sustainable farming and low carbon initiatives in its core grain and fertilizer units, CEO Pat Bowe told Reuters on Tuesday. Maumee, Ohio-based Andersons sold its rail
Parrish and Heimbecker’s existing grain elevator at Yorkton, Sask. (ParrishandHeimbecker.com)
Crops

P+H to replace eastern Saskatchewan elevator

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

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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)
Crops, Markets

IGC expects larger world grain crop but tighter stocks

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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
Editorial, Op/Ed

Editor’s Take: Coming and going

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

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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)
Crops

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

CP expects lower labour costs, CN higher

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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

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