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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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Wheat Supply Is Down… So Why Aren’t Prices Rising? - Market Monitor

Video: Wheat Supply Is Down… So Why Aren’t Prices Rising? - Market Monitor

Wheat prices are staying unexpectedly low—even after the latest USDA June Crop Production report showed lower-than-expected hard red winter wheat production. So what’s really driving the market?