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Crops, Machinery, Markets

Grain freight cost index hiked for pensions, capital costs

Reading Time: 3 minutes Reviews of pension and capital costs at Canada’s two main railways will be factored into a substantial hike in the index that governs how much the railways can charge each year to haul Prairie grain. The Canadian Transportation Agency on Monday announced a 9.5 per cent increase in its volume-related composite price index (VRCPI) to […] Read more
Crops, Machinery

Shell scrubs plans for Man. straw ethanol plant

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Reading Time: 2 minutes Fuel company Shell Canada "will not pursue" its plans for a straw-based ethanol plant in southern Manitoba. Monday’s announcement from Shell was its first formal acknowledgement that it in fact had plans for such a project, though company spokesmen had openly confirmed its interest in the region through other media outlets late last year. Shell’s […] Read more
Crops, Machinery, Markets, Weather

FREE DRAW! Seeding underway in southern Sask.

Reading Time: 3 minutes Seeding is semi-officially underway in Saskatchewan as farmers in some southern areas of the province have begun seeding peas and lentils in the past week. “Warm and favourable weather” has allowed field work to proceed, the provincial ag ministry said in a release Thursday. “However, the majority of producers will be waiting a few more weeks […] Read more
Crops, Machinery, Weather

Clubroot DNA turns up in Manitoba soils

Reading Time: 2 minutes Manitoba’s canola growers have been served notice that a particularly noxious soil-borne disease may have arrived in their province. The provincial agriculture department, in a release Thursday, reported that soil samples taken from two unrelated fields in 2011 are now confirmed to contain traces of DNA from the clubroot pathogen at "extremely low levels." These […] Read more
Crops, Machinery

Teamsters at CP approve possible strike

Reading Time: < 1 minute Unionized engineers, conductors, traffic controllers, trainmen and yardmen at Canadian Pacific Railway have voted in favour of a potential strike. The workers, represented by the Teamsters Canada Rail Conference (TCRC), have voted 95 per cent in favour of authorizing their bargaining committee to launch a strike "if necessary," the union said in a release Thursday […] Read more
Crops, Machinery, Markets

CN’s Q1 grain handle drops

Reading Time: 2 minutes Improved revenue and profits in Canadian National Railway’s first three months of 2012 came from nearly all its business segments except grain and fertilizers. Montreal-based CN on Monday reported net income of $775 million on $2.346 billion in revenues for its first fiscal quarter ending March 31, up from $668 million on $2.084 billion in […] Read more
FREE to good home: FARM PROGRESS tickets
General, Machinery

FREE to good home: FARM PROGRESS tickets

Reading Time: 2 minutes Editor’s Note: Well, that was quick. This contest is now closed. Ticket winners will be notified in the next few days by email, with tickets to follow by mail. Thanks to everyone who entered, and we hope to see you at the show. Haven’t got your tickets yet for Canada’s Farm Progress Show? We might. […] Read more
Crops, Machinery

CP books jump in Q1 profits under pressure

Reading Time: 2 minutes Canadian Pacific Railway, under continued pressure from an activist shareholder to boost its performance, has obliged by quadrupling its first-quarter profit. Ahead of a shareholder vote of confidence at its annual meeting next month, Calgary-based CP on Friday booked net income of $142 million on $1.376 billion in revenues for its first quarter ending March […] Read more
Livestock, Machinery

Man. plans farm fuel tax, manure system tax credit

Reading Time: 3 minutes CORRECTED, April 18, 2012 — A new three-cent-per-litre tax on marked gasoline, and a new tax credit for manure management systems, are in the first budget by Manitoba’s former agriculture minister. Line items in provincial Finance Minister Stan Struthers’ budget, delivered Tuesday, included ongoing support for Manitoba Hydro projects, such as Bipole III, and an […] Read more
Crops, Machinery, Markets, Weather

Grain traffic backed to take Hudson Bay route

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Reading Time: 3 minutes The move to deregulate nearly the only user of the Hudson Bay port of Churchill, Man. will come with per-tonne incentives for shippers who continue to ship grain on that route. Speaking Friday in Tisdale, Sask. to the annual meeting of the Hudson Bay Route Association, Agriculture Minister Gerry Ritz formally launched a five-year, $25 […] Read more

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