(PortOfHalifax.ca)

Baltic Dry Index near 2-1/2-year lows

The Baltic Dry Index (BDI) has dropped sharply over the past two months, as declining global demand for commodities — especially from China — weighed on the economic indicator. The BDI, compiled daily by the London-based Baltic Exchange, provides an assessment of the price of moving major raw materials by sea, including grain. The BDI […] Read more

(Versatile-ag.com)

Buhler cutting overhead to boost margins

Tractor and farm equipment maker Buhler Industries has added financing from its majority owner to a regime of cost cuts in a bid to lift its quarterly results out of the red. Citing “depressed” sales due to “weak” commodity prices, the Winnipeg company on Thursday booked a net loss of $4.4 million on $57.3 million […] Read more



A 2013 Ford F-150. (Ford Media video screengrab via YouTube)

Ford recalls 1.48 million pickups over transmissions

Washington | Reuters — Ford Motor Co. said on Wednesday it was recalling about 1.48 million F-150 pickup trucks in North America due to a potential transmission downshift issue that could increase the risk of a crash. Ford said select 2011-2013 model year trucks with six-speed automatic transmission could experience an unintended downshift into first […] Read more


(File photo by Dave Bedard)

CP mainline through Rockies reopened after crash

Canadian Pacific Railway’s mainline through the Rocky Mountains has reopened to traffic following a grain train derailment that killed three railroaders Monday. Calgary-based CP announced late Friday its mainline through Field, B.C. was reopened at midday Wednesday “in close collaboration with Transport Canada, and upon completion of all necessary safety checks.” Meanwhile, CP said Friday, […] Read more



(ThamKC/iStock/Getty Images)

Biofuels group suing U.S. EPA over small refinery exemptions

Washington | Reuters — Biofuels group Growth Energy filed a federal lawsuit against the U.S. Environmental Protection Agency on Monday, challenging the agency’s renewable fuel mandate for 2019 as failing to address rising waived biofuel volumes. “EPA’s inaction on addressing lost gallons due to small refinery exemptions in this rulemaking is a clear violation of […] Read more

(File photo by Dave Bedard)

Three crew die in CP grain train derailment

Toronto | Reuters — Three crew members died on Monday when a Canadian Pacific Railway grain train derailed in British Columbia, a Transportation Safety Board (TSB) spokesman said. The accident occurred when a train carrying 40 to 60 grain hopper cars derailed near Field, B.C., the TSB spokesman said. TSB is investigating the cause of […] Read more


Grain handler Viterra’s system allows growers to create contracts online 24/7 via smartphone. (Paul Ketcheson photo)

Viterra offers up 24/7 online grain contracting

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

(Dave Bedard photo)

Oil sanctions on Venezuela could benefit Canada

How Canada benefits from the oil sanctions the United States plans to place on Venezuela is contingent on the country’s ability to move its Western Canadian Select crude oil to U.S. refineries, said two oil industry experts. As part of an effort to effect regime change in Venezuela, U.S. President Donald Trump announced this week […] Read more