GFM Network News


Canada to cut speed limits for trains hauling dangerous goods

New curb follows another Saskatchewan crash, fire

Ottawa/Winnipeg | Reuters — The federal government said Thursday it would impose temporary speed limits on trains hauling dangerous goods after a Canadian Pacific Railway (CP) crude oil train derailed and caught fire. The accident, which happened in the early hours of Thursday near Guernsey, Sask., about 40 km south of Humboldt, was the second […] Read more

Trump administration scales back U.S. water protections

Washington | Reuters — The Trump administration finalized a rule on Thursday to pare back the types of waterways protected from pollution under federal law, easing burdens on industries such as agriculture and mining but angering environmental groups. The Navigable Waters Protection Rule could win political points ahead of the November election for Republican President […] Read more


Third-quarter grain handle down for CN, CP

Canada’s Big Two railways both booked reduced traffic but increased their revenue per carload in their grain handling segments for their third fiscal quarters ending Sept. 30. Canadian National Railway on Tuesday reported third-quarter net income of $1.195 billion on $3.83 billion in total revenues, up from $1.134 billion on $3.688 billion in the year-earlier […] Read more

The 4R program encourages using the right type of fertilizer at the right rate in the right place at the right time.

4R nutrient stewardship key to climate change fight

Politicians need to recognize proper fertilizer use can cut greenhouse gases and should make 4R Nutrient Stewardship part of their climate change strategy, says Fertilizer Canada. The 4R program encourages using the right type of fertilizer at the right rate in the right place at the right time. It “not only increases economic performance for […] Read more


Agricultural plastics not part of federal ban

The federal government’s plan to halt Canada’s consumption of single-use plastics such as shopping bags, straws and stir sticks over the next couple of years won’t extend to farm chemical containers and grain bags. Cleanfarms, the national industry stewardship body operating waste management and recycling programs for agricultural packaging, said Thursday that plastic products such […] Read more

CP books higher Q4 grain revenue on reduced handle

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


Chinese firm buys stake in miner SQM from Nutrien

Santiago | Reuters — China’s Tianqi Lithium Corp. has bought a 23.77 per cent share in Chilean miner SQM from Canadian fertilizer giant Nutrien, the Chilean stock exchange said on Monday, for a total sale price of US$4.066 billion. The sale to Tianqi comes as Chinese companies increasingly scour the globe for the raw materials […] Read more

CN’s grain handle up in record quarter

Traffic in Canadian National Railway’s grain and fertilizers segment rose eight per cent in its latest quarter, helping the company to record quarterly revenue. Montreal-based CN on Oct. 23 reported net income of $1.134 billion on $3.688 billion in revenues for its quarter ending Sept. 30, up from $958 million on $3.221 billion in its […] Read more


Stony Plain producer Albert Wagner has profited by buying fertilizer well ahead of time — and that looks like a winning strategy again this year as fertilizer prices look set to climb this winter.

Horrible harvest could impact fertilizer prices

Prices are already rising, but the late harvest is limiting the ability to apply or buy fertilizer now

Poor harvest conditions this fall could drive up fertilizer prices next spring. “For many producers right now in Alberta, fertilizer isn’t top of mind. They’re focused on getting the harvest off,” said Craig Klemmer, principal agriculture economist at Farm Credit Canada. “So when we look at the pricing side of things, demand wasn’t as strong […] Read more