A group of Prairie producer groups say the proposed merger between Bunge and Viterra is likely to cause substantial economic harm to farmers.
Prairie groups raise concerns about proposed Bunge-Viterra merger
Concentration of services at the Port of Vancouver, consolidation of crush capacity could cost producers billions, report says
Strike’s impact on grain movement yet to come
Port workers union, employers reached a tentative agreement Monday morning but backlog likely to linger
MarketsFarm, Reuters – Despite grain movement at Canada’s West Coast ports not being really affected by the British Columbia port workers strike in July, there’s a good chance for issues to arise in the coming months, according to Mark Hemmes, president of Quorum Corp. “The volume of grain that moved in the last three weeks […] Read more
CP to reopen rail corridor to Vancouver Tuesday
B.C. storm led to damage in 30 separate spots, railway says
Canadian Pacific Railway (CP) plans to have its rainstorm-battered mainline between Kamloops and Vancouver reopened to grain and other traffic around midday Tuesday. The company said Monday that out of 30 storm-damaged spots across its Thompson and Cascade subdivisions in southern British Columbia, 20 had seen “significant loss of infrastructure” in need of repair. CP […] Read more
Grain handler group seeks Vancouver port governance overhaul
The WGEA, whose members ship most of Western Canada's grain, complain the port is in a conflict of interest as both developer and regulator
Vancouver, Canada’s biggest port and the most important to Western Canada’s economy, needs major changes in how it operates, the Western Grain Elevator Association (WGEA) says. As a statutory monopoly the port authority is both a port developer and regulator putting it in a conflict of interest, according to WGEA executive director Wade Sobkowich. “We […] Read more
Rail delays have everyone ‘ripping their hair out’
Every West Coast anchorage spot is filled as ships wait for rail traffic to get back to normal
Reading Time: 4 minutes It was a cold and rainy day — a gloomy but an apt setting for producers and grain industry officials touring the Port of Vancouver and witnessing the backlog of ships anchored in Burrard Inlet. The ships were barely visible in the fog for tour attendees, delegates to the Canadian Crops Convention held here earlier […] Read more
B.C. longshoremen vote in favour of strike
MarketsFarm — Longshore workers at the Port of Vancouver have voted overwhelmingly in favour of a strike. Members of the International Longshore and Warehouse Union (ILWU) voted 98.4 per cent in favour of strike action against the member companies of the B.C. Maritime Employers Association (BCMEA), the union said Friday. In a letter to union […] Read more
B.C. longshoremen to take strike vote this week
MarketsFarm — The International Longshore and Warehouse Union (ILWU) is urging members at Canada’s West Coast ports to vote for a strike, as negotiations for a collective agreement have dragged on for over a year. The union members’ vote takes place Wednesday and Thursday (May 8-9). ILWU and the British Columbia Maritime Employers Association (BCMEA) […] Read more
Special crop boom sparks expansion for farmer-controlled company
Alberta’s Providence Grain is doubling the capacity of its container facility at the Port of Vancouver
Reading Time: 3 minutes A big jump in special crop acres in Western Canada has grain shippers looking to the future — and for Columbia Containers, that future looks bigger, better, and more high tech. “We’re replacing our existing facility on the same Port of Vancouver property and turning it into a state-of-the-art transload facility,” said Columbia Containers general […] Read more
What does your grain sell for at port?
When grain gridlock hit two years ago, the gap between the elevator and port price appears to have skyrocketed — and cost farmers billions
Reading Time: 4 minutes The jury’s still out on whether knowing the price of export grain relative to local cash prices will help producers get better prices. But the Alberta Wheat Commission intends to find out. “The port price would provide an indication of whether the system is constrained or functioning efficiently,” said Tom Steve, the commission’s general manager. […] Read more
CP to appeal federal fine on September grain handle
Citing post-Labour Day pains at the West Coast, Canadian Pacific Railway (CP) plans to appeal a $50,000 federal fine over the company’s Prairie grain handle. Transport Canada said last week it had issued notices of violation and administrative monetary penalties (AMPs) of $50,000 each against CP and Canadian National Railway (CN) for falling short of […] Read more
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