Reading Time: < 1 minute MarketsFarm — The Port of Thunder Bay reported another strong grain handling month in May, as more than 1.1 million tonnes of Canadian grain and oilseeds moved through the harbour on the northern shores of Lake Superior during the month. Increased demand from many countries stockpiling grain amidst the global COVID-19 pandemic was cited as […] Read more
Grain exports continue strong out of Thunder Bay
COVID-19 leads to increased demand, reduced oil traffic by rail
Fuel, labour to pull grain freight cost indices lower
CP's share buybacks also a factor in its VRCPI
Reading Time: 2 minutes The numbers that decide how much revenue Canada’s big two railways get to keep from Prairie grain handling have been marked downward for the 2020-21 crop year. The Canadian Transportation Agency last week announced it will set the volume-related composite price index (VRCPI) at 1.4202 for Canadian National Railway (CN) and at 1.4205 for Canadian […] Read more
Ottawa expected to ‘officially’ declare ag an essential service
The Western Grain Elevator Association says that designation will clarify things and help to keep grain moving
Reading Time: 3 minutes Canada’s grain industry expects the federal government will soon officially declare agriculture an essential service. Wade Sobkowich, executive director of the Western Grain Elevator Association (WGEA), says that designation will have a practical application. “Hopefully it ends all confusion about grain workers at elevators, railway workers and anybody else required for moving grain, as to […] Read more
Garneau re-adjusts train speed limits
New limits in place for 'key trains' with dangerous goods
Reading Time: 2 minutes Having cut speed limits for trains hauling dangerous goods following a fiery derailment earlier this month, federal Transport Minister Marc Garneau is adjusting those limits for a “more targeted” approach. Garneau announced Sunday he has pulled his Feb. 6 ministerial order on speed limits and replaced it with a new one affecting so-called “key trains” […] Read more
Prairie grain freight cost index adjusted upward
Reading Time: 2 minutes Corrected, May 6, 2019 and Jan. 7, 2021 — Canada’s big two railways can expect a small raise in the amount of revenue they get to keep from hauling Prairie grain in the coming crop year. The Canadian Transportation Agency (CTA) on Tuesday announced it will set the volume-related composite price index (VRCPI) at 1.4371 […] Read more
Railways ration space as commodity congestion problems worsen
Reading Time: 3 minutes Winnipeg | Reuters — Canada’s two major railways are rationing space on trains traveling to the country’s biggest port and recently prioritized some commodities over others to deal with congestion, the latest indication of their struggle to meet demand from new trade deals. That move prompted Canada’s transport regulator last week to start an investigation […] Read more
Senate hands back transport bill, with changes
Reading Time: 3 minutes Federal legislation sought by farm groups wanting improvements to rail service for the grain sector is on its way back from the Senate to the House of Commons. Senators on Thursday afternoon passed Bill C-49, the Transportation Modernization Act, on third reading — but with several amendments proposed Wednesday by the standing Senate committee on […] Read more
Canadian railways in catch-22 over crude shipment
Reading Time: 3 minutes Reuters — Canadian railway operators see a lucrative opportunity to transport more crude oil to the U.S. as a rise in output forces producers to find new routes to its southern neighbour. However, their need for long-term contracts and the pressure to move a surplus of grains in the country is making it hard to […] Read more
The little railway that did
These Manitoba farmers show how much can be achieved with superior leadership skills
Reading Time: 14 minutes Remember The Little Engine that Could? It’s a story about optimism, hard work and determination, which pretty much sums up the story of the Boundary Trail Railway Company (BTRC), a producer-owned, short-line railway in southern Manitoba. In 2008, a group of Manitoba farmers, with no clue how to run a railway, signed a piece of […] Read more
China to subsidize grain transportation, storage
Reading Time: < 1 minute Beijing | Reuters — China plans to subsidize grain transportation and storage facilities in the latest push by Beijing to modernize the world’s largest agriculture sector. Beijing will subsidize projects upgrading or building facilities to load and receive grains along main railways and ports for major waterways including the Yangtze and Pearl rivers, a document […] Read more
A message from April Stewart, Country Guide's Associate Editor
