freight Archives - Page 3 of 4

Barley. (Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Rally likely to end soon

By GFM Network News January 30, 2020

MarketsFarm — After a bit of a rally for feed grain prices over the last three to four weeks, the feedlots are on the full side, said Brandon Motz of CorNine Commodities at Lacombe, Alta. “That normally means we back off a little bit,” he said, noting there hasn’t been an uptick in deliveries with […] Read more

Barley, Crops, Markets, Spring Wheat, Weather

Feed weekly outlook: Firm undertone to Prairie grains

By GFM Network News January 9, 2020

MarketsFarm — Solid demand from cattle feeders and ongoing logistic issues across the Prairies should keep a firm undertone in the feed grain market for the time being, according to an Alberta broker. “The feed market has definitely moved higher,” said Brandon Motz of CorNine Commodities at Lacombe, Alta., adding “demand is strong through feedlot […] Read more

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Tight logistics underpin barley in Feedlot Alley

By GFM Network News November 21, 2019

MarketsFarm — The adverse 2019 harvest across Western Canada may have left more grain grading as feed than normal, but issues in getting that barley and wheat to livestock continue to prop up prices for the time being. “We’ve seen a rally in the feed barley market the last four weeks,” said Brandon Motz, of […] Read more

CN locomotives in Winnipeg. (Photo courtesy CN)

Crops, Markets, Reuters

CN to cut management, union jobs

By Reuters, GFM Network News November 15, 2019

Reuters — Canadian National Railway said on Friday it would cut management and union jobs, as the largest Canadian railroad operator grapples with an economic slowdown. The company will lay off 1,600 employees in the U.S. and Canada, according to a report by the Globe and Mail. The announcement comes amid declining freight volumes as […] Read more

File photo of cattle on pasture. Several drought-stricken rural municipalities in Manitoba have declared an agriculture disaster, in an effort to kickstart action by senior levels of government. (MikeEntertainment/iStock.Getty Images)

Livestock, Weather

RMs declare ag disaster in Manitoba’s Interlake

By GFM Network News August 29, 2019

Twelve rural municipalities in Manitoba’s Interlake and WestLake regions have declared a state of agricultural disaster due to severe dry conditions. The RMs of Alonsa, Armstrong, Bifrost-Riverton, Coldwell, Ethelbert, Fisher, Grahamdale, Lakeshore, McCreary, Ste. Rose, West Interlake and Woodlands announced the motion in a news release Thursday. The municipalities are calling on the province to […] Read more

Crops, Machinery

Railways book higher grain freight revenue for Q1

By GFM Network News May 6, 2019

Canada’s big two railways reported somewhat higher revenue from handling grain during their fiscal quarter ending March 31, despite both companies reporting winter weather woes. Canadian Pacific Railway (CP) on April 23 reported grain segment revenue of $380 million for the quarter, up six per cent from the year-earlier period, on about 92,800 grain carloads, […] Read more

A freighter is loaded with grain from a terminal at Vancouver’s Burrard Inlet. (Maxvis/iStock/Getty Images)

Crops, Machinery

Regulator rips CN’s use of freight embargoes at West Coast

By GFM Network News April 15, 2019

Canadian National Railway has been found in breach of its service obligations on grain and other traffic by a federal regulator aiming to crack down on the company’s use of freight embargoes. The Canadian Transportation Agency on Monday released its determination on “possible freight rail service issues in the Vancouver area” last fall. The regulator […] Read more

Chickpeas. (CalypsoArt/iStock/Getty Images)

Crops, Reuters

India to reimburse freight for some ag exports

By Reuters, GFM Network News March 5, 2019

New Delhi | Reuters — India will provide federal support for the transportation of some farm products to make Indian goods more competitive in foreign markets, the government said in a statement Tuesday. The scheme will be applicable for a year, to March 2020. The government will reimburse the freight paid by Indian exporters through […] Read more

Crops, Machinery

Federal rail freight legislation clears Senate

By Grainews Staff, GFM Network News May 22, 2018

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

Campbell Soup Co. plans to close its 87-year-old Toronto soup plant by mid-2019. (Campbell Soup Co. via BusinessWire)

Crops, Machinery, Reuters

Moving freight to get more expensive for food companies

By GFM Network News February 2, 2018

Reuters — U.S. food companies called out rising freight costs as a reason for lower profit margins in the holiday quarter, with more pain seen in 2018 as a dearth of drivers and higher diesel prices make it even more expensive to transport products to stores. Hershey, Mondelez International, J.M. Smucker and Campbell Soup said […] Read more

GFM Network News

Huge crops in South America says analyst

U.S. livestock: ‘Cattle on feed’ report supports prices

U.S. grains: Wheat trades near contract lows under ample global supply

Tag Archives freight

Feed weekly outlook: Rally likely to end soon

Feed weekly outlook: Firm undertone to Prairie grains

Feed weekly outlook: Tight logistics underpin barley in Feedlot Alley

CN to cut management, union jobs

RMs declare ag disaster in Manitoba’s Interlake

Railways book higher grain freight revenue for Q1

Regulator rips CN’s use of freight embargoes at West Coast

India to reimburse freight for some ag exports

Federal rail freight legislation clears Senate

Moving freight to get more expensive for food companies

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