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Agriculture Roundup for Monday October 17, 2022

It’s a step towards addressing capacity constraints and infrastructure pressures at the Port of Montreal.

The federal government will provide nearly $8 million for DG CanEst Transit Inc. to update existing infrastructure and purchase new equipment for its facilities located in the port.

The project, worth a total of $18 million, will increase the number of containers stored onsite, improve the quality of the grain-cleaning service, assist with traffic flow in the yard, and increase capacity for loading and handling containers.

This will ensure Canadian goods, like grain and other agriproducts, can continue to be shipped reliably for import and export.

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Bigger Corn Yield Pressures Grain; Local Food Reaches School Lunch Trays

Video: Bigger Corn Yield Pressures Grain; Local Food Reaches School Lunch Trays

USDA raised corn and soybean yield estimates above trade expectations, sending grain futures sharply lower. Ahead of National School Lunch Week, one Iowa district shows how local farms and food hubs are helping supply school cafeterias — and the costs and logistics involved. Naomi Blohm and Ted Seifried break down the report and what it means for grain markets.