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Railways criticize Ottawa's extension of grain shipment quotas

2014-08-02 00:11:31| Railroads - Topix.net

Canadian National Railway Co. says the federal government's extension of an order requiring the country's major railways move a minimum amount of grain in the coming harvest is a "burdensome and ill-advised regulatory intervention."

Tags: extension grain shipment criticize

 

Tax-forfeited grain elevator weighs on Hennepin County

2014-07-27 05:43:32| Agriculture - Topix.net

Hennepin Co. can't seem to get rid of an unused, hulking grain elevator forfeited to the state in 2013.

Tags: county grain elevator weighs

 
 

U.S. grain farmers resort to giant storage bags to avoid cheap sales

2014-07-23 13:32:15| Agriculture - Topix.net

As U.S. farmers turn in record grain crops this autumn, many will have a powerful new tool - giant sausage-shaped storage bags - to help them avoid the lowest prices in years and gain more control over trade with giants such as Cargill Inc. Demand has surged this summer for the white polyethylene bags the length of a football field and the ... (more)

Tags: sales storage avoid cheap

 

Can soybean demand keep grain prices afloat?

2014-07-22 22:41:00| Corn & Soybean Digest

I suspect with Chinese demand staying strong, some definite uncertainties remaining in Argentina and the entire month of August still ahead of our U.S. crop, the trade may take a bit slower approach to reducing price-risk. Producers should continue to keep hedges in place. Any rally back towards the $11.00 to $11.30 range must be viewed as an opportunity to reduce longer-term risk. Grain Market Viewpoint read more

Tags: prices demand grain soybean

 

CN moves record grain in second-quarter, anticipates growth into next year

2014-07-22 08:43:38| Railroads - Topix.net

Canadian National Railway is predicting continuing strong results in 2014 after delivering second-quarter earnings Monday that beat expectations amid higher freight volumes generated by a record Canadian grain crop, strong energy markets and market share gains, particularly in intermodal traffic.

Tags: next year record growth

 

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