Canada’s Labour Minister Kellie Leitch said Wednesday the federal government plans to introduce back-to-work legislation to deal with a potential strike at Canadian National Railway (CN). “Today, our Conservative government is taking action to protect Canada’s economy and Canadian grain farmers by indicating our intention to introduce legislation to make sure CN stays on track,” […] Read more
Back-to-work legislation planned against possible CN strike
U.S. feedlot cattle placements rise as feed costs decline
The number of cattle placed in U.S. feedlots in September increased one per cent from a year earlier, a government report showed Oct. 31. Analysts attributed the rise to lower-priced corn, which reduced the cost of fattening cattle in feedlots. Also, higher prices for slaughter-ready cattle improved margins and drew more animals into feedlots. The […] Read more
Ukraine loads first maize cargo to China
Ukraine’s state-run grain firm GPZKU is loading a 70,000 tonne maize cargo for China, the first ever Ukrainian maize shipment to the Chinese market, a government source said Oct. 31.The source said about 40,000 tonnes of maize has been loaded as of Oct. 31 onto a vessel in Ukraine’s Black Sea port of Yuzhny.Ukraine’s Agriculture […] Read more
During shutdown, China and others quietly binged on U.S. grain
China and other big grain importers embarked on a corn and soybean buying spree during the U.S. government’s 16-day shutdown this month, taking advantage of a lapse in mandatory reporting of their deals, data showed on Thursday. Figures from the U.S. Department of Agriculture, which had halted collection of required weekly grain export sales information […] Read more
CN Rail reaches tentative deal with Teamsters Union
Canadian National Railway Co , the country’s largest rail operator, agreed to a new labour contract for some 3,300 conductors, trainmen, yardmen and traffic coordinators represented by the Teamsters union, the railway said Thursday. The tentative three-year deal, the details of which were withheld pending ratification, comes after a week of talks with government-appointed mediators. […] Read more
Cargill bans Zilmax from beef supply until issues resolved
Agribusiness giant Cargill Inc said on Wednesday that it will not buy cattle fed Merck & Co Inc’s controversial cattle-feed additive, Zilmax, and will not feed it to its own cattle, until it is “100 per cent confident” the animal welfare issues are resolved. “Cargill will not use it until we are 100 per cent […] Read more
India cuts floor price for wheat exports to boost shipments
India has finally cut the floor price for exports of wheat from government warehouses by 13 percent, a government source said on Wednesday, to help boost stalled shipments from the world’s second-biggest producer of the grain. Higher supplies from India, struggling with massive stocks of the staple, could dampen benchmark prices in Chicago which have […] Read more
Grains: CBOT wheat, corn and soy end higher
U.S. wheat futures closed mostly higher on Tuesday, supported by bargain buying after prices fell to their lowest in nearly one month, traders said. Some buyers stepped into the market after the Chicago Board of Trade December soft red winter wheat contract, the most actively traded, slipped below the low end of its 20-day Bollinger […] Read more
CN talks with union stretch on, still optimistic for deal
Canadian National Railway Co said late Tuesday afternoon that it still hopes to negotiate a new deal with the Teamsters union and avoid a labour disruption, after talks assisted by government-appointed mediators stretched into the early morning. Canada’s largest railway and the Teamsters Canada Rail Conference union, which represents some 3,300 conductors and other workers, […] Read more
Canada Bread agrees to sell pasta business to Spain’s Ebro
Canada Bread Co, which is majority-owned by Maple Leaf Foods, said on Thursday it agreed to sell its Olivieri Foods fresh pasta and sauce business to Spanish food processing company Ebro Foods SA for about $120 million. The move comes days after Canadian food processor Maple Leaf said it might sell its controlling stake in […] Read more
Canadian Cattlemen Presents: Depth of Field
