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(PortMetroVancouver.com)
Crops, Reuters

Canada shuts ports to Russian ships over Ukraine invasion

Russian firms' Canadian holdings also under scrutiny, Freeland warns

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Toronto | Reuters — Canada ratcheted up pressure on Russia for its invasion of Ukraine by shutting ports to Russian-owned ships and saying on Tuesday that holdings of all Russian oligarchs and companies in the country are under review. Canada has announced a slew of measures to isolate Russia, including imposing sanctions on Russian President […] Read more
File photo of a Saskatchewan grid road in winter. (Daxus/iStock/Getty Images)
General, Weather

Environment Canada calls for colder-than-normal Prairie spring

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MarketsFarm — Colder-than-normal temperatures are in the long-range forecast across most of the Canadian Prairies, according to the latest long-range outlook from Environment Canada. The latest seasonal forecast from the government agency, released Monday, calls for a 40-50 per cent chance of below-normal temperatures from March through May for most of the three Prairie provinces, […] Read more
A file photo of cargo ships and harbour cranes in the Ukrainian port of Kherson on the Dnieper River. (Ioanna_alexa/iStock/Getty Images)
Crops, Markets, Reuters

Ukraine shuts ports as conflict threatens grain supplies

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Moscow/Kyiv | Reuters — Ukraine’s military has suspended commercial shipping at its ports after Russian forces invaded the country, an adviser to the Ukrainian president’s chief of staff said, stoking fear of supply disruption from leading grain and oilseeds exporters. Russia earlier ordered the Azov Sea closed to the movement of commercial vessels until further […] Read more
A CNH manufacturing plant at Sorocaba, west of Sao Paulo in southeastern Brazil. (Photo courtesy CNH Industrial)
Crops, Machinery, Markets, Reuters

CNH sees revenues rising to 2024 on precision agriculture plans

Margin at agricultural unit seen at 14.5 to 15.5 per cent

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Milan | Reuters — Italian-American vehicle maker CNH Industrial on Tuesday gave guidance for a total revenue growth of up to 24 per cent through 2024 as it presented a new business plan after spinning off its truck, bus and engine units. In a bid to focus on its higher-margin agriculture and construction machine businesses, […] Read more
Protestors’ vehicles block the route leading from the Ambassador Bridge, linking Detroit and Windsor, on Feb. 8, 2022. (Photo: Reuters/Carlos Osorio)
General, Markets, Reuters

More government action likely as border blockades hit trade

Manitoba's main crossing now also blocked

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Reuters — The shutdown of a vital U.S.-Canada trade route is knocking out automakers’ operations as the business impact from the two-week-old protests against Canada’s pandemic measures ramp up pressure on authorities to quell the demonstrations. The protests started as a “Freedom Convoy” occupying downtown Ottawa, opposing a vaccinate-or-quarantine mandate for cross-border truckers mirrored by […] Read more
File photo of a view near the Canadian end of the Ambassador Bridge, which connects Windsor and Detroit and is considered one of North America’s busiest trade routes. (Steven_Kriemadis/iStock/Getty Images)
General, Machinery, Reuters

Pandemic border protests strand cattle and car parts

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Ottawa | Reuters — Protests in Canada against vaccine mandates have disrupted two key U.S. border crossings, and are snarling hundreds of millions of dollars daily of trade, ranging from cattle to car parts. Demonstrations who at first demanded an end to federal COVID-19 vaccine mandates for cross-border truck drivers began Jan. 28 in the […] Read more
A supplied aerial photo of vehicles blocking through traffic on Feb. 1, 2022 at the Canada-U.S. border crossing between Coutts, Alta. and Sweet Grass, Montana. (Photo courtesy Alberta RCMP)

Single lanes opened at Alberta border crossing, Mounties say

RCMP 'acknowledges the work that is being done'

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Single lanes have reopened in each direction at Alberta’s busiest Canada-U.S. trade window, allowing cross-border supply chains to resume, RCMP report. In response to “concerned citizens in the area of Coutts,” participants in a blockade of vehicles in place at the local border crossing “made the decision to open a lane going northbound and southbound […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Markets facing uncertainty

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MarketsFarm — Feed grain markets in Western Canada are facing some uncertainty amid tight domestic supplies and reports of transportation issues bringing up corn from the United States. “It’s very strange,” said Susanne Leclerc of MarketMaster Ltd. in Alberta. “You see stories like that (reporting on feedlots running low on grain), then you talk to […] Read more

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