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Pulses

(Dave Bedard photo)
Crops, Markets

StatsCan canola stocks numbers point to big carryout

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As two analysts looked at Statistics Canada’s latest report on total stocks of principal field crops, they immediately zeroed in on canola. Statistics Canada’s report, released Tuesday, shows canola stocks as of Dec. 31, 2018 were at 14.553 million tonnes, up 4.9 per cent from year-earlier levels, “The numbers are sort of in line with […] Read more
Grain handler Viterra’s system allows growers to create contracts online 24/7 via smartphone. (Paul Ketcheson photo)
Crops, Machinery, Markets

Viterra offers up 24/7 online grain contracting

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Prairie grain growers doing business with Glencore Agriculture’s Viterra arm can now create their own grain contracts with the company anytime online. In what it describes as the “first and only full range” of online contracting options for farmers in Western Canada, Viterra launched its new system on its myViterra platform in December. A Prairie […] Read more
(Serts/iStock/Getty Images)
Crops, Lentils, Peas

Unregistered peas, lentils to be demoted

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Any unregistered varieties of lentils or peas harvested in Canada this fall or later will be graded No. 3 Canada at best. The Canadian Grain Commission on Wednesday announced only registered varieties of peas and lentils will be eligible for the No. 1 Canada grade effective Aug. 1 this year. Deliveries of registered and unregistered […] Read more
(File photo by Dave Bedard)
Crops, Machinery

CP books higher Q4 grain revenue on reduced handle

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Increased revenue from grain handling — albeit on a slightly lower overall grain handle — helped Canadian Pacific Railway improve its fourth-quarter and year-end gross for 2018. Calgary-based CP on Jan. 23 reported overall net income of $545 million on $2.006 billion in revenues for its fourth quarter ending Dec. 31, down from $984 million […] Read more
USDA’s main home page on Jan. 11, 2019. (GFM Staff photo)
Crops, Markets, Reuters

USDA extends deadline for aid after shutdown

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Washington | Reuters — U.S. farmers now have until Feb. 14 to apply for federal aid designed to offset the impact of retaliatory Chinese tariffs on American crops, the U.S. Department of Agriculture said on Monday, after delays caused by the month-long government shutdown. The previous deadline for the aid program, officially known as the […] Read more
(PortMetroVancouver.com)
Crops, Reuters

Rail now moving fluidly through Vancouver, CN says

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Winnipeg | Reuters — Congestion at Port Metro Vancouver, Canada’s busiest port, has been resolved and rail operations are now “fluid,” Canadian National Railway said Friday. Canadian National and rival Canadian Pacific Railway were rationing space on trains travelling in the Vancouver area and prioritized some commodities over others to deal with congestion, causing complaints […] Read more
(Dave Bedard photo)
Crops, Markets, Reuters

Bunge names acting CEO, cuts 2018 guidance

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Reuters — Global grains trader Bunge appointed one of a slew of new board members as its acting CEO on Tuesday and cut its 2018 earnings forecast as the U.S.-China trade war battered soybean prices and devalued the company’s inventory in Brazil. Gregory Heckman, a founding partner of private investment firm Flatwater Partners and former […] Read more
(File photo by Dave Bedard)
Crops, Machinery, Reuters

Railways ration space as commodity congestion problems worsen

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Winnipeg | Reuters — Canada’s two major railways are rationing space on trains traveling to the country’s biggest port and recently prioritized some commodities over others to deal with congestion, the latest indication of their struggle to meet demand from new trade deals. That move prompted Canada’s transport regulator last week to start an investigation […] Read more

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