Global french fry giant will work with its potato growers to adopt regenerative ag practices over the next decade
Reading Time: 4 minutes Global french fry giant will work with its potato growers to adopt regenerative ag practices over the next decade
McCain Foods launches aggressive regenerative ag strategy
CP CEO rules out raising Kansas City Southern bid
CP's first-quarter profit climbs
Reuters — Canadian Pacific Railway CEO Keith Creel said Wednesday the company will not raise its bid for U.S. railroad Kansas City Southern, saying bigger rival Canadian National’s offer is “not a real deal.” The two bidding companies are locking horns to take control of a vast network of railways across North America, with CN […] Read more
Argentine truckers end strike, freeing China-bound barley
Canada, France would have been buyers' Plan B
Buenos Aires | Reuters — Argentine truckers ended a 20-day strike that had blocked access to ports in Buenos Aires province, agricultural industry sources said on Tuesday, following a deal struck with local officials to increase freight-hauling rates. Trucks owners grouped in the informal TUDA association (Transportistas Unidos de Argentina) began blocking highways last month, […] Read more
Federal work/rest rules to be updated for railway workers
More clarifications coming, Teamsters say
A perennial sticking point in work stoppages and labour disputes at Canada’s two major railways is expected to be at least somewhat addressed within the next two and a half years. Federal Transport Minister Marc Garneau on Nov. 25 announced what’s billed as the first updates to the Duty/Rest Rules for Railway Operating Employees since […] Read more
Trump-backed Canadian railway to Alaska faces high hurdles
Proponents say line could move grain, fertilizer as well as oil
Winnipeg/Washington | Reuters — A private-sector proposal endorsed by U.S. President Donald Trump to build a railway from Canada’s oil sands to ports in Alaska would free landlocked crude but faces numerous steep challenges. Trump wrote on Twitter over the weekend that he would issue a permit for the Alaska-Alberta Railway Development Corporation (A2A Rail) […] Read more
Fuel, labour to pull grain freight cost indices lower
CP's share buybacks also a factor in its VRCPI
The numbers that decide how much revenue Canada’s big two railways get to keep from Prairie grain handling have been marked downward for the 2020-21 crop year. The Canadian Transportation Agency last week announced it will set the volume-related composite price index (VRCPI) at 1.4202 for Canadian National Railway (CN) and at 1.4205 for Canadian […] Read more
CN faces grain export backlog of 10,000 carloads, CEO says
Montreal | Reuters — Canadian National Railway (CN) lost capacity equivalent to 10,000 carloads, or one million tonnes of grain exports, in February due to rail blockades by protesters opposed to a pipeline project, CEO Jean-Jacques Ruest said Tuesday. Activists disrupted passenger and freight traffic last month to show solidarity with the Wet’suwet’en people, who […] Read more
Protestors put up new rail, road barricades in wake of arrests
Ottawa/Toronto | Reuters — Protesters in Canada blocked train lines, Vancouver’s port entrance and at least one highway on Tuesday in response to the arrest of 10 indigenous activists when police dismantled a rail barricade in southern Ontario a day earlier. Ontario Provincial Police on Monday arrested some of the Tyendinaga Mohawk campaigners who had […] Read more
Passenger trains to run again, pipeline protests block freight
Ottawa | Reuters — Passenger rail operator Via Rail said Tuesday it would soon resume partial services between Quebec City and Ottawa while the government sought to end anti-pipeline protests that are blocking rail freight in Eastern Canada. Via said passenger services between the two cities would start on Thursday after it received a notification […] Read more
Feed weekly outlook: Rally likely to end soon
MarketsFarm — After a bit of a rally for feed grain prices over the last three to four weeks, the feedlots are on the full side, said Brandon Motz of CorNine Commodities at Lacombe, Alta. “That normally means we back off a little bit,” he said, noting there hasn’t been an uptick in deliveries with […] Read more
Cyber-Savvy Farmer
