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Canola

(Photo courtesy CN)
Crops, Machinery, Reuters

Transport review urges scrapping railway grain revenue cap

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Reading Time: 2 minutes Winnipeg | Reuters — Ottawa should phase out over seven years its cap on the amount of revenue railways can earn transporting grain, a study for the Canadian government recommended Thursday, a move long urged by railways and opposed by farmers and grain handlers. A review of Canadian transportation laws, aimed at modernizing the system, […] Read more
(Cia.gov)
Canola, Crops, Markets, Reuters

China tightens dockage rules on Canadian canola

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Reading Time: < 1 minute Reuters — The Canadian government confirmed Wednesday that China has toughened its standard for canola shipments, an action that traders say may discourage sales to the country. China, Canada’s top canola export market, notified Ottawa on Tuesday of the new measures, Canadian Food Inspection Agency (CFIA) spokeswoman Tammy Jarbeau said in an email statement. Reuters […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

ICE weekly outlook: ‘Time will tell’ for canola after drop

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Reading Time: < 1 minute CNS Canada — Canola contracts on the ICE Futures Canada platform dropped sharply during the week ended Wednesday, falling below major support as some stops were hit on the way down. While damage was done from a chart standpoint, end-user demand remains solid and “time will tell” if the downtrend continues or if canola manages […] Read more
(File photo courtesy Canola Council of Canada)
Canola, Crops

Stacked LL/RR canola off the menu for 2016

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Reading Time: 2 minutes The first canola hybrid to stack Genuity Roundup Ready and LibertyLink traits in one seed won’t be on the market for this growing season. Just weeks after its Jan. 22 announcement of a limited launch for InVigor Choice LR250 for the 2016 season, Bayer CropScience Canada now says concerns over seed quality and export market access have […] Read more
(RBAuction.com)
Crops, Machinery

Ritchie Bros. buys Mascus online equipment sites

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Reading Time: 2 minutes The Canadian operators of the world’s biggest equipment auctioneer have bought worldwide online equipment listing service Mascus. Burnaby, B.C.-based Ritchie Bros. announced Friday it has bought 100 per cent of the equity in Amsterdam-based Mascus for 24 million euros (C$36.8 million), plus up to 3.4 million euros (C$5.2 million) more, pending certain performance targets being […] Read more
(Gov.sk.ca)
Crops, Machinery, Weather

Saskatchewan to halt winter weights early in southwest

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Reading Time: < 1 minute Weight allowances that let heavier grain trucks roll on more southwestern Saskatchewan highways over the winter will end a week early, thanks to recent mild weather. The province’s highways ministry announced Friday it will remove the winter weight allowances on secondary-weight highways in the southwest region effective Monday (Feb. 22). “While frozen roads provide a […] Read more
(PortoDoItaqui.ma.gov.br)
Crops, Machinery, Markets, Reuters

Smaller vessels bump up ocean freight index

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Reading Time: < 1 minute Reuters — The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, marginally rose on Friday on improved rates for smaller vessels. The overall Baltic Dry Index (BDI), which gauges the cost of shipping resources including iron ore, cement, grain, coal and fertilizer, rose for the sixth consecutive session by […] Read more
DuPont’s headquarters in Delaware. (DuPont.com)
Crops, Reuters

DuPont, Dow set home towns for merged spinoff units

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Reading Time: < 1 minute Reuters — DuPont and Dow Chemical said two of the three units to be created and spun off following the companies’ mega-merger will be based in DuPont’s home town, and one in Dow’s home town. The two chemical companies agreed to combine in an all-stock merger in December, valued at US$130 billion at the time, […] Read more
(Dave Bedard photo)
General, Markets, Reuters

Farm incomes set to fall from record high

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Reading Time: 2 minutes Reuters — Canadian farm incomes look set to fall in 2016 after a year of record profits, but will still reach above-average levels, according to a report from the federal government. Rising receipts for crops and livestock have boosted incomes in recent years, due to greater demand in developing countries and a weak Canadian dollar, […] Read more

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