Reading Time: 2 minutes CNS Canada — It’s so far, so good with grain shipments to the three major Canadian ports according, to a spokesperson with Quorum Corporation, which compiles weekly performance updates on Canada’s grain handling sector. The spokesperson said there not have been any big problems recently, only a few sporadic instances in rail shipments. There has […] Read more
No big problems seen in grain transportation so far
Federal rail freight legislation clears Senate
Reading Time: 2 minutes Canada’s Senate has passed federal legislation that grain grower groups have hoped will help improve rail freight service for the sector this year. Bill C-49, the Transportation Modernization Act, passed third reading in the Senate on Tuesday following a 41-31 vote to approve a message that the Senate “does not insist on its amendments” to […] Read more
Canada trade deficit jumps as rail problems cut grain exports
Reading Time: 2 minutes Ottawa | Reuters — Canada’s trade deficit in February jumped to $2.69 billion from $1.94 billion in January as rail transport problems slashed exports of wheat and canola, Statistics Canada said on Thursday. The deficit was larger than the $2 billion shortfall predicted by analysts in a Reuters poll. Canada has only recorded two monthly […] Read more
Crop outlook 2015
Country Guide attended Wild Oats GrainWorld to hear what the industry said about grain and oilseed crops
Reading Time: 11 minutes With all the day-by-day and minute-by-minute noise that rocks today’s grain and oilseed trading, it can seem impossible to pick out the vital messages that the market is actually sending. Country Guide sent veteran ag reporter Richard Kamchen to Wild Oats GrainWorld in Winnipeg this winter to listen for the home truths about 2015’s grain […] Read more
Larger grain handle helps boost CN’s Q3
Reading Time: 2 minutes A markedly larger grain and fertilizer handle in the three months ending Sept. 30 has helped pump up the third-quarter bottom line for Canadian National Railway (CN). Montreal-based CN on Tuesday reported third-quarter net income of $853 million on $3.118 billion in total revenue, up from $705 million on $2.698 billion in the year-earlier period. […] Read more
Prairie grain revenue up as CP books record Q3 profit
Reading Time: 2 minutes An increased grain handle for the three months ending Sept. 30 has helped boost Canadian Pacific Railway (CP) to its highest third-quarter profit ever. Calgary-based CP released its Q3 results Tuesday, reporting record net income of $400 million on record total revenue of $1.67 billion for the quarter, up from $324 million on $1.534 billion […] Read more
A message from April Stewart, Country Guide's Associate Editor
