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Oats

(CPR.ca)
Crops, Machinery

CN, CP both over revenue limits for 2014-15 grain haul

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Reading Time: 2 minutes Canada’s big two railways will both be required to hand over seven figures in Prairie grain revenue from the 2014-15 crop year after taking in more than their federally-allowed maximums. The Canadian Transportation Agency on Tuesday ruled Canadian National Railway and Canadian Pacific Railway (CN, CP) exceeded their grain revenue entitlements for the crop year […] Read more
Green peas. (PulseCanada.com)
Crops, Markets

Trends for 2016: Pulses expected to steal acres from cereals

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Reading Time: 2 minutes CNS Canada — Canadian farmers are expected to seed more pulse crops at the expense of cereals in 2016, according to early projections from industry experts looking at current market trends. “Definitely we’ll see an increase in pulse crop acreage,” said Bruce Burnett, weather and crop specialist at G3 Canada. Lentils and peas are seeing […] Read more
(NSCorp.com)
Crops, Machinery, Reuters

CP revises hostile bid for Norfolk Southern, again

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Reading Time: 2 minutes Reuters — Canadian Pacific Railway slammed railway Norfolk Southern on Wednesday, accusing it of misleading investors even as CP executives rolled out a new bid with increased shareholder protections to acquire the U.S.-based railroad. Executives from Canada’s second-largest railroad said the deal is now in the hands of Norfolk Southern’s shareholders, and urged its board […] Read more
(NSCorp.com)
Crops, Machinery, Reuters

Norfolk Southern rejects CP’s revised offer

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Reading Time: < 1 minute Reuters — U.S. railroad operator Norfolk Southern has formally rejected a revised offer from Canadian Pacific Railway (CP), raising the prospect of a proxy battle. CP shareholder Bill Ackman said last week that CP CEO Hunter Harrison and he have both been sounded out by activists interested in a proxy fight with Norfolk Southern. Ackman […] Read more
(Doug Wilson photo courtesy ARS/USDA)
Crops, Markets, Oats

Oat prices move higher to spur farmer selling

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Reading Time: 2 minutes CNS Canada — Prairie oat prices are ticking upward as buyers try to coax farmers into a slow market — but prices, most notably in Saskatchewan, may need to move further before that happens. “Prices are below expectations, and in some instances quality is below what the market is willing to accept at this point,” […] Read more
(Dave Bedard photo)
Crops, Markets, Reuters

Glencore shares jump on debt reduction moves, spending cuts

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Reading Time: 3 minutes Johannesburg | Reuters –– Glencore has increased its debt reduction target and deepened its capital spending cuts, stepping up its response to lower commodity prices and boosting its battered shares by 12 per cent on Thursday. The mining and commodities trading firm and owner of Canadian grain handler Viterra said it was targeting net debt […] Read more
A big step for small grains
Cereals, Crops

A big step for small grains

New market opportunities will come with research and advocacy

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Reading Time: 5 minutes For several years now, there have been questions about adding crops to the Grain Farmers of Ontario (GFO). Beyond the charter commodities of corn, wheat and soybeans, for instance, there have been murmurs about bringing in edible beans. But early this past July, it was farmers who grow oats and barley who became the latest […] Read more
(BHPBilliton.com)
Crops, Reuters

BHP Billiton to cut 76 Sask. potash jobs

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Reading Time: < 1 minute Reuters — Anglo-Australian miner BHP Billiton will cut 76 jobs from its Canadian potash operations due to low commodity prices, a company spokesperson said on Friday. Work continues on sinking and lining shafts at BHP’s potash mine near Jansen, Sask., about 60 km southeast of Humboldt, according to the spokesperson. The mine would be the […] Read more
(NSCorp.com)
Crops, Machinery, Reuters

U.S. railway Norfolk Southern rejects CP offer

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Reading Time: 3 minutes Reuters — U.S. railroad operator Norfolk Southern said Friday its board had rejected Canadian Pacific Railway’s US$28.4 billion offer, calling it “grossly inadequate” and could face substantial regulatory hurdles. A struggling coal transportation market, suppressed by weak market demand and global oversupply, has weighed on the earnings of Norfolk, making it more vulnerable as a […] Read more

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