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(G3.ca)
Crops

G3’s new Vancouver terminal clears commissioning phase

Formal grand opening ceremony not happening

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Prairie grain handler G3’s new West Coast port terminal has passed its commissioning run and is now in “commercial operation,” but don’t wait for a ceremonial grand opening. Winnipeg-based G3 announced Wednesday its new 180,000-tonne capacity terminal at the Port of Vancouver is officially open, but the company has “set aside” plans for a ceremony
(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
South West Terminal’s Antelope facility, about 45 km southwest of Swift Current, Sask., last month set the record for the largest grain train loaded and launched on the Prairies from a single point of origin, with this 224-car train of durum wheat. (SWT.ca)
Crops

Solid grain exports continue through Thunder Bay

June's handle includes record-large CP grain train

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MarketsFarm — Grain shipments through the Port of Thunder Bay continue to run at a strong pace, with season-to-date volumes of 3.2 million tonnes, up 35 per cent from the five-year average, according to an update from the port. A total of 866,066 tonnes of grain were shipped through the port, located on the northern
A freighter is loaded with grain from a terminal at Vancouver’s Burrard Inlet. (Maxvis/iStock/Getty Images)
Crops, Markets

Ocean freight rate index moving higher

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MarketsFarm — Ocean freight rates have shown steady gains over the past month, rising to some of their highest levels of 2020 as world economies show signs of recovery amid the COVID-19 pandemic. The Baltic Dry Index (BDI), a major indicator of shipping rates, has moved higher for 12 straight sessions, hitting 973 points on
(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
Riding Mountain National Park in western Manitoba. (Mysticenergy/E+/Getty Images)
Weather

Manitoba eases load limits for grains, livestock, vegetables, fertilizer

'Essential' commodities allowed at normal axle weights on more roads

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Springtime load limits on certain Manitoba highways will be lifted early this year for transport of crops, livestock, fertilizer and other “essential” goods. Provincial Infrastructure Minister Ron Schuler announced Tuesday that certain essential goods may be trucked at “normal loading” axle weights on highways usually subject to Level 1 road restrictions during spring thaw. Essential
Gordon Harrison. (Manitoba Co-operator file photo by Allan Dawson)
Cereals, Crops

Lots of flour to go around, millers’ association says

System is 'doing extremely well' and should have no problem keeping up with demand, CNMA's Gordon Harrison says

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The grain supply chain is working as it should during the COVID-19 pandemic, says the president of the Canadian National Millers Association. “From the milling industry vantage point, the movement of grain from farm to the producer to the elevator systems to mills is doing extremely well,” Gordon Harrison said Tuesday. “The grain supply chain

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