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Walter Moebis took this photo of parked empty grain cars near Rycroft, Alta., on Jan. 19.
Cereals, News

Too many grain cars left out in the cold?

Ag Transport Coalition reports CP rail car performance drops

By
Walter Moebis came across a strange sight while visiting family near Rycroft, Alta., in mid-January.  A line of Canadian National (CN) hopper cars, which he estimated to be four to five miles long, sat on the tracks west of Rycroft. Moebis’ father-in-law said the cars had been there a week or so earlier. When Walter […] Read more
Getting better at what you do is the first step.
Columns, Crops, Markets

Staying competitive in a new world

Production is up in the Former Soviet Union and South America. Are you ready?

By
Up until about the last decade the advantage North American farmers had over those in Russia, Ukraine and South America was the use of machinery, technology, genetics and agronomics to produce higher yields. This kept per acre costs low enough to generate profits. Over the last 10 years farming in these other regions has caught […] Read more
Guarding Wealth: The alternative minimum tax
Columns, Guarding Wealth

Guarding Wealth: The alternative minimum tax

Passing on the farm can trigger an unpleasant surprise: 
an unexpected tax alternative minimum tax


By
The Alternative Minimum Tax is yet another wrinkle in preparing and paying income taxes. It’s particularly relevant to farmers going through succession planning where capital gains of six figures or more may be realized. The Alternative Minimum Tax (AMT) may apply to you even if you have not reached the limit of your Lifetime Capital […] Read more
Simpler regulations for hemp growers
Crops, Features

Simpler regulations for hemp growers

Life for farmers planting hemp will be littler simpler in 2017, thanks to regulatory changes

By
Hemp growers must obtain a licence from Health Canada each year to grow industrial hemp, but recent changes to the regulations have made the process slightly easier and more efficient. As of November 21, 2016 growers can apply for their industrial hemp cultivation licence electronically via email, which will speed up the process. A common […] Read more
Cargo ship loading grain
Canola, Cereals, Columns

Imports and exports by the numbers

Russia is rising and South American beans are finding easier pathways to the ports

By
Changes to grain handling and transportation infrastructure in two key regions of the world will impact Canada’s competitiveness. These areas are the Black Sea region and South America. Russia’s overall grain production (wheat, barley and corn) has grown 70 per cent in the last 10 years to 94.5 million tonnes. Exports have had their ups […] Read more
Grain transportation mostly smooth in January
Canola, Cereals, News

Grain transportation mostly smooth in January

CN hopper car demand up, while CP car demand down from previous year

By
Grain movement has been relatively smooth for much of January, according to the latest numbers from the Ag Transport Coalition. Canadian National (CN) has supplied over 90 per cent of hopper cars order between January 8th and 21st, according the Coalition’s reports for grain weeks 24 and 25. Canadian Pacific (CP) filled 73 per cent […] Read more
Guarding Wealth: Changes ahead for 2017
Columns, Guarding Wealth

Guarding Wealth: Changes ahead for 2017

Rising interest rates and the Trump Effect 
bring uncertainties in the New Year

By
If investing were easy, we’d all be rich. Today, capital markets have many new uncertainties. Top of the list: the Trump Effect. That is, what the new President may do after his inauguration on January 20. Also worrisome is where Europe is going if other members of the EU follow the United Kingdom out of […] Read more
Bags Of Money On A Farm Field
Crops, Features

The 2017 crop input rebate roundup

Different input companies offer widely different rebate programs. Use the one that suits your needs

By
Some of the companies Grainews contacted for our annual “rebate roundup” feature say they don’t offer rebates — they prefer to stick to simple prices. Other farm input suppliers have plans so elaborate you’ll need a calculator to figure out how much cash you’re getting back. Whether you prefer simple up-front pricing or that “just […] Read more
one dollar banknote among wheat grains
Columns

World events will change prices

In the first of a two-part series, Brian Wittal looks at market forces

By
Looking out the window at -20 C and eight inches of snow I can hear that old proverb repeating in my head. “If you can’t say something nice, don’t say anything at all.” I am going to take some creative license with this saying and replace the word “nice” with the word “informative,” in hopes […] Read more
Magnifying glass on newspaper
Columns, Guarding Wealth

Guarding Wealth: Canadian interest rates to rise

But don’t hold your breath — any big rate moves are at least 18 months ahead

By
To quote the most recent winner of the Nobel Prize for literature, Bob Dylan, “the times, they are a-changin’.” In capital markets, the U.S. Federal Reserve Board is likely to raise the interest rate it charges banks to borrow money overnight to maintain reserves — a key indicator for all other interest rates in the economy. This increase […] Read more

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