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Tag Archives grain

(File photo by Dave Bedard)
Crops, Machinery

Grain handle down slightly in record quarter for CP

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Grain carloads were marginally fewer but grain revenue per carload climbed 10 per cent to help Canadian Pacific Railway to its highest quarterly revenue ever. Calgary-based CP on Oct. 18 booked net income of $622 million on $1.898 billion in revenues — its “highest ever (revenues) for any quarter” — in its third quarter ending […] Read more
Farmer checking wheat
Crops, Wheat & Chaff

Stay safe when you’re using that grain vacuum

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Grain vacs are designed to make light work of what can often be a tedious chore. These high capacity and high efficiency (and high speed) machines can move thousands of bushels an hour (an upgrade from the shovel). Alongside the advances in grain moving technolog, come entrapment and engulfment hazards. Grain vacs are just like other pieces of farm equipment — there […] Read more
Grain storage at a Russian seaport. (Pridannikov/iStock/Getty Images)
Crops, Markets, Reuters, Spring Wheat, Weather

Russian ag minister sees no need for wheat export duty, for now

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Moscow | Reuters — Russia’s agriculture minister sees no reason for now to introduce an export duty on wheat and is not considering one, he was quoted as saying by RIA news agency on Tuesday. A meeting at the agriculture ministry on Friday fuelled speculation among traders that Russia could consider grain export curbs once […] Read more
A CN locomotive near Jasper, Alta. (Photo courtesy CN)
Crops, Machinery

Grain handle drops in CN’s first quarter

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Reduced traffic in grain, fertilizers and petroleum, against increased costs from “challenging operating conditions,” ate into the first-quarter bottom line for Canadian National Railway (CN). Montreal-based CN on Monday booked net income of $741 million on total revenues of $3.194 billion for its quarter ending March 31, down from $884 million on $3.206 billion in […] Read more
(CPR.ca)
Crops, Machinery

Grain handle down, costs up in CP’s Q1

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Increased traffic in potash and intermodal containers offset an eight per cent drop in grain carloads in Canadian Pacific Railway’s first quarter, against higher costs and “challenging” conditions. Calgary-based CP on Wednesday booked net income of $348 million on gross revenues of $1.662 billion for the quarter ending March 31, down from $431 million on […] Read more
(Photo courtesy CN)
Crops, Machinery

CN’s Q4 grain handle down in ‘challenging conditions’

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U.S. income tax reform more than offset “challenging” conditions, including reduced grain handle, in Canadian National Railway’s fourth fiscal quarter. Montreal-based CN on Tuesday reported net income of $2.611 billion on total revenues of $3.285 billion for its fourth quarter ending Dec. 31, up from $1.018 billion on $3.217 billion in the year-earlier Q4. The […] Read more

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