GFM Network News


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

Prairie grain freight cost index adjusted upward

Corrected, May 6, 2019 — Canada’s big two railways can expect a small raise in the amount of revenue they get to keep from hauling Prairie grain in the coming crop year. The Canadian Transportation Agency (CTA) on Tuesday announced it will set the volume-related composite price index (VRCPI) at 1.4371 for Canadian National Railway […] Read more



World food prices edge up in April

Rome | Reuters — World food prices rose slightly in April, up for the third month in a row but they remained almost 10 per cent lower than a year earlier, the United Nations food agency said on Thursday. The Food and Agriculture Organization’s (FAO) food price index, which measures monthly changes for a basket […] Read more