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Canola

(CN.ca)
Crops, Machinery

CN’s 2015 grain handle down, grain revenue up

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Canadian National Railway’s (CN) fourth-quarter and full-year ledgers show lower traffic, but increased revenue, from its grain and fertilizer business in 2015, en route to record full-year earnings. Montreal-based CN on Tuesday reported overall net income of $3.538 billion on $12.611 billion in total revenues for 2015, up from $3.167 billion on $12.134 billion for […] Read more
(Jack Dykinga photo courtesy ARS/USDA)
Crops, Reuters

Environment commissioner criticizes neonic registrations

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Ottawa | Reuters — Canada’s official environmental watchdog on Tuesday expressed concern that authorities were allowing the long-term use of pesticides linked to bee deaths despite not having enough information about the products. Health Canada’s Pest Management Regulatory Agency (PMRA) can grant a five-year provisional license to some products to give manufacturers time to provide […] Read more
(Photo courtesy Agrium)
Crops, Reuters

Russia considering export duties on fertilizers

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Stavropol | Reuters –– Russia’s government is looking into introducing duties on exports of mineral fertilizers to make them more affordable for the country’s farmers, President Vladimir Putin said Monday. Meeting his loyalists from the pro-Kremlin public movement, the All-Russia People’s Front, Putin heard compalints from a farmer saying that massive exports of mineral fertilizers […] Read more
(PortMetroVancouver.com)
Livestock, Reuters

Canada to sign TPP, but undecided on ratification

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Ottawa | Reuters –– Canada’s new Liberal government will take the “technical step” of signing a 12-nation trade deal next week but has not yet decided whether to formally ratify the agreement, Trade Minister Chrystia Freeland said Monday. Canada is one of 12 nations that initialed the Trans-Pacific Partnership (TPP) in early October after years […] Read more
(PortoDoItaqui.ma.gov.br)
Crops, Machinery, Reuters

Vessel demand concerns extend Baltic index fall

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Reuters — The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, extended its record low run to a 14th straight session on Friday on persistent vessel glut and weak demand. The overall Baltic Dry Index, which gauges the cost of shipping dry bulk including iron ore, cement, grain, coal […] Read more
(NSCorp.com)
Crops, Machinery, Reuters

CP’s Norfolk bid riles U.S. railroads

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Chicago | Reuters –– A legal protest by Canadian Pacific Railway (CP) over a meeting among big U.S. railroads about mergers in their industry has highlighted manoeuvring in the sector to cope with a rapid downturn and possible consolidation. Calgary-based CP on Tuesday asked the U.S. Justice Department to look into statements by U.S. railroads, […] Read more
(CPR.ca)
Crops, Machinery

CP books more Prairie grain revenue at year-end

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Higher grain revenue on Canada’s Prairies helped lead to record full-year revenues and offset a lower fourth-quarter gross for Canadian Pacific Railway (CP), as the company warned of substantial job cuts ahead. The railway on Thursday reported overall net income of $1.352 billion on record revenue of $6.712 billion for 2015, down from $1.476 billion […] Read more
(CaseIH.com)
Crops

Feds scrap ‘conditional’ pesticide approvals

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Federal crop chemical regulators this summer will stop granting “conditional” registrations for new pesticides — a practice already largely on the way out, they note. Health Canada, which oversees the federal Pest Management Regulatory Agency (PMRA), said Tuesday it plans to stop granting new conditional registrations starting June 1, describing the move as an “important […] Read more

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