Insights and Stories on Markets

Mar. 18, 2014 at 4:20 pm CDT

Winnipeg | Reuters — Canadian grain shipments by rail have picked up since earlier this month when Ottawa ordered Canadian National Railway and Canadian Pacific Railway (CN, CP) to improve service, CN and a grain-handling group said Tuesday. Transportation bottlenecks have left crops landlocked after a record-smashing harvest and frigid […]

By Rod Nickel

Mar. 18, 2014 at 2:45 pm CDT

Chicago | Reuters –– U.S. soybean futures soared on Tuesday as concerns about tighter supplies fueled a recovery from losses last week, and wheat and corn futures also climbed. “Soybeans continue to take the majority of their support from simple supply and demand,” said Karl Setzer, grain solutions team leader […]

By Tom Polansek

Mar. 17, 2014 at 6:08 pm CDT

Vancouver | Reuters –– A two-and-a-half week container truck driver strike at Port Metro Vancouver was set to continue Monday after a government and port authority plan to end the job action at Canada’s largest port failed to make headway on the weekend. The 14-point plan, revealed late Thursday by […]

Mar. 17, 2014 at 5:48 pm CDT

CNS Canada — The ongoing logistics problems moving grain out of the Prairies have prompted some North American cereal milling companies to temporarily halt production, according to the head of a prominent industry group. Gordon Harrison, president of the Canadian National Millers Association, says the transportation situation facing the Canadian […]

By Dave Sims

Mar. 17, 2014 at 5:41 pm CDT

CNS Canada — Western Canadian cash bids for Canada Prairie Spring Red (CPRS) and Canadian Western Red Spring (CWRS) wheat moved higher over the past week, as weather worries in the U.S. Plains and uncertainty over Black Sea grain movement boosted U.S. futures. Average spot bids on Monday for CWRS […]

By Phil Franz-Warkentin