GFM Network News


(CPR.ca)

CP, Kansas City lock in new deal as CN steps out

More efficient flow of grain, perishables, machinery parts touted

Canadian Pacific Railway and U.S. railway Kansas City Southern on Wednesday again formalized their engagement after competing suitor Canadian National Railway walked away from the table. CP and KCS, which reported “unanimous” support from both companies’ boards, have entered a merger agreement committing CP to pay about $31 billion in cash and stock, or about […] Read more

(File photo by Dave Bedard)

Kansas City Southern plans to accept CP’s bid

Deal would create new lanes for Prairie freight, CP says

Reuters — U.S. railway Kansas City Southern said on Sunday it planned to accept Canadian Pacific Railway’s US$27.2 billion cash-and-stock acquisition offer as superior to its US$29.6 billion deal to sell itself to Canadian National Railway. CN now has until the end of Friday to submit a better offer or lose its deal with KCS. […] Read more


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Thunder Bay reports rare inbound grain shipment

MarketsFarm — Grain movement at the Port of Thunder Bay included a rare inbound cargo of feed wheat, according to the port’s latest monthly report. A 12,000-tonne shipment of feed wheat was delivered to Richardson’s Current River elevator from the company’s facility in Hamilton, Ont. The wheat was said to be destined for Manitoba feedlots, […] Read more

A Kansas City Southern (KCS) rail car at Toluca, Mexico on Oct. 1, 2018. (File photo: Reuters)/Edgard Garrido)

U.S. regulator rejects CN’s voting trust to buy Kansas City Southern

CP rips CN's play as 'illusory and not achievable'

Reuters — The U.S. rail regulator on Tuesday rejected a voting trust structure that would have allowed Canadian National Railway (CN) to proceed with its US$29 billion proposed acquisition of U.S. peer Kansas City Southern. The decision was a blow to the deal that would create the first direct railway linking Canada, the U.S. and […] Read more


AFSC wants a grain sample before you sell to an unlicensed buyer

AFSC wants a grain sample before you sell to an unlicensed buyer

A proper sample is key to a payout on an insured crop — here are the rules governing that

Reading Time: 2 minutes Producers who are thinking about selling their grain through an unlicensed grain buyer need to consider a variety of factors, especially if they have production insurance through Agriculture Financial Services Corporation (AFSC). “If you’re thinking about selling grain to a grain dealer, a private buyer, a feedlot or even straight off the combine, it’s very […] Read more

Grain is loaded onto ships for export at a port on the Parana River near Rosario, Argentina on Jan. 31, 2017. (File photo: Reuters/Marcos Brindicci)

Argentina forms agency to manage cargo river, grain exporters worry

Added bureaucracy in grain shipping feared

Buenos Aires | Reuters — Argentina said on Wednesday it had formed a new government agency to manage dredging operations needed to ensure navigation of the Parana River, which carries about 80 per cent of the country’s grains exports from the Pampas farm belt out to sea. For decades, cargo ships have paid tolls directly […] Read more


A Kansas City Southern (KCS) rail car at Toluca, Mexico on Oct. 1, 2018. (File photo: Reuters)/Edgard Garrido)

U.S. railway’s board sticks with CN’s bid

Kansas City Southern board spurns sweetened CP bid

The board of directors for a U.S. railway facing takeover bids from each of Canada’s big two railways is sticking with Canadian National Railway’s (CN) proposal. The board for Kansas City Southern (KCS), in a release Aug. 12, said it unanimously agrees an upgraded Aug. 10 cash-and-stock bid from Canadian Pacific Railway (CP) “does not […] Read more



Prairie barley growers can learn a few lessons on grain drying from Ireland, where the crop generally comes off at 15 to 21.5 per cent moisture, said Drew Sharp, a manager with Boortmart who outlined Irish drying methods in a webinar earlier this year.

Damp Ireland offers some grain drying tips for the dry Prairies

Farmers here can learn a few lessons about drying malt barley from the Emerald Isle

Reading Time: 3 minutes What can malt barley producers on the Prairies learn about grain drying and storage from a country like Ireland, where the climate almost couldn’t be more different? Quite a bit, says an expert familiar with both. The weather is very different but Ireland and the Prairies share some similar challenges, notably dealing with high-moisture malt […] Read more

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Exemptions, extensions to be granted for rail crossing upgrades

New amendments would exclude low-risk field-to-field crossings

Some farmer-owned field-to-field grade crossings over Canadian rail lines are now expected to be exempted altogether from looming federal requirements for safety upgrades. Proposed amendments to the Grade Crossings Regulations, announced June 18 by Transport Minister Omar Alghabra, this week cleared their 30-day public comment period. The amendments are expected to tweak rules which were […] Read more