Chicago oats rally with Prairie rains, for now

CNS Canada — Oat prices at the Chicago Board of Trade have advanced as rain soaks Canada’s crops, but one U.S. analyst doesn’t expect those gains to hold. Close to half of Canada’s seeded oat area is in Saskatchewan, Statistics Canada data shows, and some parts of the province have seen heavy rains and flooding. […] Read more



Cash oats disconnect from falling futures

CNS Canada — Oat futures at the Chicago Board of Trade may be trending lower, but any further losses in the futures will only cause basis levels in the Canadian countryside to widen further, as farmers are reluctant to sell below their targeted levels. The delivery specs against CBOT oats futures are not milling quality, […] Read more

(Dave Bedard photo)

Saudi Arabia boosts stake in G3 Canada

Winnipeg | Reuters — Saudi Arabia’s agriculture company has taken control of the majority investor in grain handler G3 Canada Ltd., according to a filing, reducing Bunge Ltd.’s stake and strengthening the kingdom’s efforts to secure food supplies. G3 Global Holdings, the joint venture of U.S. agribusiness Bunge and Saudi Agricultural and Livestock Investment Co. […] Read more



Luc Jobin. (CN.ca)

CN promotes CFO as CEO resigns

Canadian National Railway’s (CN) chief financial officer Luc Jobin will become its chief executive on July 1, as incumbent CEO Claude Mongeau steps down for health reasons. Mongeau announced Tuesday he will resign as CN’s CEO at the end of June, after leading the railway company for six and a half years. “I was filled […] Read more


Boundary Loading Group’s producer car loading facility at Darlingford, Man., about 20 km west of Morden, loads 120-130 producer cars per year. (Manitoba Co-operator photo by Allan Dawson)

Window open wider for comment on CGC licensing moves

Facing “requests from stakeholders,” the Canadian Grain Commission has granted them a 12-week extension on its deadline for comments on plans to license feed mills, producer car loading sites and grain agents. The deadline, previously June 3, is now Aug. 31, the commission said in a release Friday. Input is being sought from producer railway […] Read more




(Richardson.ca)

Richardson books record port handle during expansion

Prairie grain firm Richardson International has wrapped up construction of a major new expansion at its Port Metro Vancouver export terminal and reported a record grain handle for the year while doing so. The Winnipeg company on Tuesday reported its North Vancouver terminal shipped 5.2 million tonnes of grain and oilseeds in 2015, which it […] Read more