New York | Reuters — U.S. diesel stockpiles did something this year that has never happened in the summer before: They shrank. And that was even before Hurricane Harvey landed, knocking out a quarter of U.S. refining capacity, crippling production of fuel products. Thanks to surprising summer demand, particularly from exports, inventories of diesel, jet […] Read more
Storms worsen summer slump in U.S. diesel supply
Dieci Agri Tech 35.7 VS
One of the two telehandlers Grainews put to the test this year was the Dieci Agri Tech 35.7 VS. It’s a hybrid design meant to appeal to farmers, with a rear PTO, hydraulic remotes (two on our test machine) and a three-point hitch. It comes in at a price point lower than the Merlo, with[...]
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Kubota SSV 75 skid steer
Most farmers are no strangers to a skid steer loader. There are several makes and models popular with farmers on the market now, so we included Kubota’s largest model, the SSV 75, in our test group. We wanted to see how it stacks up not only to other skids steers but where it lands in[...]
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Merlo Multifarmer 40.9
Of the two telehandlers tested in the Grainews Machinery Challenge, the Merlo Multifarmer 40.9 stood out as the most capable and highly optioned. And with that honour, as you’d expect, it had the highest MSRP of any machine in the group, $241,800 as equipped with the grapple and over $60,000 of other included options. The[...]
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Giant V761T Tele
Certainly not yet a household name here, the Dutch company Giant is looking to expand its presence in the western Canadian market, and it wants farmers to consider its machines for ag use. The machine we tested was the V761T Tele. It’s window sticker MSRP was $168,000, but was offered at a show special of[...]
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Baltic Dry Index hits three-year highs
CNS Canada — The Baltic Dry Index has seen some strength over the past two months, rising to its highest levels in nearly three years. The BDI settled Monday at 1,355 points, having gained roughly 500 points over the past two months. The index was last this high in November 2014. The BDI is compiled[...]
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Feds step in to restore rail service to Churchill
CNS Canada — The federal government says it’s prepared to restore rail service to Hudson Bay at Churchill, Man. The Hudson Bay Railway, running from The Pas to Churchill, was closed in the spring of 2017 after flooding damaged multiple sections of the route to the northern Manitoba community. U.S. rail operator OmniTrax, the line’s[...]
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New investment leads to new chief at Morris
A major cash infusion from a pair of Calgary private investment firms, among others, has put new hands at the helm of farm equipment maker Morris Industries. Morris on Tuesday announced its president, Ben Voss — a Saskatoon engineer and farmer, and one of the players in the new investment group — has also been[...]
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Diesel prices could rise further in Harvey’s wake
CNS Canada — Diesel prices in Western Canada have risen by about six to seven cents a litre since Hurricane Harvey ravaged the petroleum-rich Texas coast. An expert with the fuel industry says harvest pressure will likely keep the diesel market from correcting downward, and push prices up a bit more. “So (the market) appears[...]
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Saskatchewan rancher pleads guilty over stolen ag equipment
A western Saskatchewan cattle rancher has pled guilty on 18 charges over the discovery last year of tractors, balers and other farm equipment reported missing in the region, according to Saskatoon media. Iain Stables, 39, of the RM of Montrose entered guilty pleas in Provincial Court in Saskatoon Monday on 17 counts of possession of[...]
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