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Tag Archives grain elevators

Crops, Reuters

Bunge to sell 35 U.S. elevators to Zen-Noh Grain

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Reading Time: 2 minutes Chicago | Reuters — Agricultural commodities trader Bunge said on Tuesday it will sell 35 of its interior U.S. grain elevators to Zen-Noh Grain, dramatically reducing its grain origination network in the United States. Financial details of the sale with the subsidiary of Japan’s Zen-Noh Group were not disclosed, and the deal is subject to […] Read more
Crops

Safety protocols in place for farmers’ grain deliveries

Grain moving as normal, but farmers need to practice social distancing when delivering to elevators

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Reading Time: 3 minutes Grain deliveries to country elevators should continue without any disruptions, the executive director of the Western Grain Elevator Association says. “All of the members of the Western Grain Elevator Association are doing everything in their power to keep the grain supply chain functioning” during the COVID-19 coronavirus pandemic, Wade Sobkowich said Tuesday. “That means we’ll […] Read more
Crops

Handlers focus on keeping grain moving despite COVID-19

Grain companies, Canadian Grain Commission working but unsure of future

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Reading Time: 3 minutes Canada’s grain companies are committed to keeping grain moving to domestic and export customers, but how the spread of COVID-19 might affect business is still an unknown, says Wade Sobkowich, executive director of the Western Grain Elevator Association. “We are are going to do everything in our power to keep grain moving at this time,” […] Read more
Crops

P+H to challenge regulators’ request for elevator sale

Case to be heard sometime at later end of fall

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Reading Time: 3 minutes Grain firm Parrish and Heimbecker aims to keep its now-expanded Prairie elevator network intact against a proposed order from federal antitrust regulators. Winnipeg-based, privately-held P+H in September announced a deal to buy all 10 of the primary Prairie grain elevators built by agrifood giant Louis Dreyfus Co. between 1998 and 2003. The two companies have […] Read more
Crops, Markets

Elevator operators seek quick end to CN strike

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Reading Time: 2 minutes The Western Grain Elevator Association (WGEA) wants grain shipments on Canadian National Railway (CN) to resume as soon as possible. “It has a major impact for every day that we’re not moving grain on CN,” WGEA executive director Wade Sobkowich said in an interview Tuesday. “A federal mediator has been appointed and that’s a step […] Read more
General, Markets, Reuters, Weather

U.S. farm belt slammed by floods, heavy snow from bomb cyclone

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Reading Time: 2 minutes Reuters — A harsh late-winter storm broadsided a vast swath of the U.S. agriculture industry this week as heavy snow closed roads and buried cattle in the Plains while excessive rain flooded Midwest fields and swamped grain elevators. A “bomb cyclone” hurled hurricane-force winds, sparked tornadoes and dumped heavy snow and rain across the Plains […] Read more
Crops, Machinery

Grain elevators brace for high-volume shipping season

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Reading Time: 3 minutes CNS Canada — Grain companies in Western Canada are bracing for another high-volume year, as questions about the system’s ability to handle that amount continue to plague the industry. Wade Sobkowich, executive director of the Western Grain Elevator Association, said despite the heat stress that has hit many crops this year, grain companies expect this […] Read more
Crops, Machinery

Larger elevators, smaller rail cars seen in grain’s future

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Reading Time: 2 minutes Winnipeg | CNS Canada –– Heading into the future, elevators will be more efficient and trains will carry more grain, according to industry professionals at the Grain World conference in Winnipeg. “I think there’s a real shift happening from low efficiency to the higher-efficiency facilities,” Karl Gerrand, CEO of G3, said Wednesday during the What […] Read more
Crops, Markets, Reuters, Weather

U.S. grain prices soar as floods shut waterways, threaten crops

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Reading Time: 3 minutes Chicago | Reuters — U.S. grain farmers scrambled to find shelter for their crops and handlers hunted for alternative transportation routes, as widespread floods shut waterways from Illinois to Missouri and spurred a surge in physical prices of corn and soybeans. The sudden jump in prices could complicate a months-long stand-off between farmers who are […] Read more
Crops, Markets

Grain deliveries hit record high in September

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Reading Time: < 1 minute CNS Canada — September was a very busy month for grain handlers in Western Canada, as farmer deliveries into the commercial pipeline hit their highest levels ever. Producers made deliveries of 5.879 million tonnes of the major grains and oilseeds during the month, topping the previous monthly record of 5.819 million tonnes set two years […] Read more

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