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Pulses

(Dave Bedard photo)
Crops, Machinery

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 […] Read more
(IMNATURE/iStock/Getty Images)
General, Markets

Ontario’s RMP rolling out ‘later than usual’

Details pending, Agricorp says

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Ontario farmers’ coverage under the provincial Risk Management Program (RMP) won’t be affected by ‘a bit later’ rollout this spring, the program’s handlers say. Agricorp, the province’s farm program delivery agency, reiterated in a statement Tuesday that the RMP “will be available in 2021 (and) program details will be shared with customers as soon as […] Read more
File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)
Crops, Markets, Peas

Pulse weekly outlook: StatsCan’s pea, chickpea acres short of trade expectations

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MarketsFarm — Numbers were seen as disappointing for dry peas and chickpeas in Statistics Canada’s survey-based principal field crop planting projections released Tuesday. The federal agency predicted 3.839 million acres seeded for dry peas nationwide, nearly a 10 per cent decline compared to last year. By comparison, MarketsFarm projected 4.38 million acres while Agriculture and […] Read more
(Canest-transit.ca)
Crops

Feds to legislate end to Montreal port strike

Conservatives expected to support Liberals' back-to-work bill

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A strike by longshore workers at the Port of Montreal faces federal back-to-work legislation billed Tuesday as the government’s “least desired course of action.” Labour Minister Filomena Tassi on Tuesday announced the introduction of Bill C-29, which “would end the work stoppage at the Port of Montreal and ensure the safe resumption and continuation of […] Read more
(Kansas City Southern video screengrab via YouTube)
Crops, Reuters

Rail shippers pick sides as CP, CN bid for Kansas City Southern

Richardson, Conagra among firms supporting both bids

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Winnipeg | Reuters — North America’s freight rail customers, from grain shippers to logistics companies, are choosing sides as Canadian Pacific Railway and Canadian National Railway fight to buy Kansas City Southern. A takeout of KCS would be the first major North American railroad combination in more than 20 years and create the first network […] Read more
File photo of cranes at the Port of Montreal. (Jean-Paul_Lejeune/iStock/Getty Images)
Crops, Reuters

Ottawa urged to end Montreal longshoremen’s strike

Back-to-work legislation on table; NDP, Bloc oppose it

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Montreal | Reuters — Dockworkers at Canada’s second-largest port on Monday began their second strike in less than a year, as business leaders urged Ottawa to quickly end a walkout they said could cost the economy $25 million a day. The federal Liberal government said Sunday it would introduce special legislation to end the strike […] Read more
(Canest-transit.ca)
Crops, Markets

Montreal longshore workers escalate strike

Strike to move from part-time to full-time on Monday

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Exports of containerized crops and other goods and imports of ag inputs may stall as striking longshore workers at the Port of Montreal get set to level up from part-time to full-time work stoppage. The Syndicat des debardeurs du port de Montreal (CUPE Local 375) said Friday its members, who have been striking on weekends […] Read more
(Dave Bedard photo)
Crops, Markets

More canola, less wheat expected ahead of StatsCan report

'Returns per acre are just so much stronger'

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MarketsFarm — Canadian farmers are seen as likely to plant more canola and barley and less wheat this spring, as market participants await the first survey-based estimates from Statistics Canada on Tuesday to confirm the extent of that shift. “Canola will gain acres and wheat will lose acres,” said MarketsFarm Pro analyst Mike Jubinville, pointing […] Read more
(File photo by Dave Bedard)
Crops, Reuters

CP CEO rules out raising Kansas City Southern bid

CP's first-quarter profit climbs

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Reuters — Canadian Pacific Railway CEO Keith Creel said Wednesday the company will not raise its bid for U.S. railroad Kansas City Southern, saying bigger rival Canadian National’s offer is “not a real deal.” The two bidding companies are locking horns to take control of a vast network of railways across North America, with CN […] Read more
Screenshot from an Alberta Agriculture video profiling Innisfail-based pulse and grain handler W.A. Grain and Pulse Solutions. (Alberta Agriculture and Forestry via YouTube)
Crops, Pulses

CGC suspends W.A. Grain’s licences to month-end

The firm, with facilities in Saskatchewan and Alberta, can't buy or sell grain in the interim

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Licences for Prairie grain and pulse handler W.A. Grain and Pulse Solutions and its primary elevators in Alberta and Saskatchewan have been suspended by the Canadian Grain Commission (CGC). The suspensions took effect at 12:01 p.m. Tuesday, a CGC official said in an interview. “This means for a limited period of time (until April 30) […] Read more

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