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Wheat Growers Pleased With Railway Movement In January

The Western Canadian Wheat Growers Association is congratulating CN and CP on January's record volume of grain and grain product movement.
 
Chair Daryl Fransoo says our international customers depend upon reliable grain delivery to move our products from the local terminal to port, which is done almost exclusively by rail.
 
"Winter months have been a transportation challenge in the past, but this year, record volumes of our grain was successfully moved."
 
The Wheat Growers say with over 20 million metric tonnes or 90% of the wheat grown in Western Canada being exported, a reliable transportation chain is paramount.
 
The Canadian grain and oilseeds market is largely offshore and with stiff competition, they say we need to be certain our product moves efficiently to those markets.
 
"To lose our competitive edge through transportation slowdowns, input costs or weather disasters means competitors take the upper hand."
 
Secretary-Treasurer Jim Wickett says we are reassured that this puts Canada back on track as a reliable shipper and grain farmers expect it to stay that way. Both rail companies deserve credit for upping the
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Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”

Video: Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”


After a week of a U.S./China trade truce, markets/trade is skeptical that we have not seen a signed agreement nor heard much from China or seen any details. There are rumors that China is buying soybean futures & not the physical. Trust in Trump?
12 MMT of U.S. soybean purchases by China by year-end is better than 0 but we all need to give it more time and give it a chance to unfold. China did lower the tariffs on Ag and is buying U.S. wheat and sorghum.
U.S. supreme court could rule against Trumps tariffs, but the Trump administration does have a plan B.
U.S. government shutdown is now the longest in history at 38 days.
But despite a U.S. government shutdown we will be getting a USDA November crop report next Friday and it could be “game changing.” If the USDA provides a bullish surprise with lower U.S. corn and soybean yields and ending stocks that are lower than expected both corn and soybean futures will break out above their ceilings at $4.35/bu and $11.35/bu respectively.
The funds continued their selling in live and feeder cattle futures on continued fears that the Trump administration want to lower U.S. beef prices. The fundamentals have not changed, only market psychology has.
Stocks markets continue to worry about a weak U.S. job market, but you can blame ChatGPT for that. In the future, we will have a more efficient, productive and growing economy with a higher unemployment rate until we have more skilled AI workers.
After 34 new record highs in the S & P 500 and 124 new records in the NASDAQ in 2025 we are back to a correction and investor profit taking as AI valuations may have gotten too stretched near-term ahead of NVDA’s 3rd quarter earnings announcement on Nov. 19th. But this is not an AI bubble.
75% of Tesla shareholders approved a $1 trillion pay package for Elon Musk!
It has rained in South America in the last 7 days, but both the American and European models agree that Central Brazil remains dry in the next 14-days!