Photo: CN

Railways blast past revenue cap

Grain moved was up 60 per cent from last season on drought recovery

Reading Time: < 1 minute Canada's two big railways will have a $7.1 million Christmas present for the Western Grains Research Foundations following a ruling they exceeded their revenue caps in 2022-23.



(Photo courtesy Canada Beef Inc.)

More local barley destined for rations, but U.S. corn still moving

Prior to drought year 2021/22, Canadian corn imports had rarely topped two million tonnes

Reading Time: < 1 minute Recently revised supply/demand tables from Agriculture and Agri-Food Canada raised the forecast for domestic barley usage in the current crop year to 6.155 million tonnes. That compares with an earlier forecast of 5.471 million tonnes. If realized, that would be up by roughly 200,000 tonnes from the previous year.



A farmer in China piles wheat.  Photo: Reuters/File

China to push for higher grain yields to ensure food security

Chinese corn breeders are preparing to double the amount of GMO corn planted next year

Reading Time: 2 minutes China, the world's top buyer of soy and corn, will push for higher grain yields across large areas of farmland as it seeks to ensure food security for its huge population, state media reported on Wednesday, citing an annual rural policy meeting.