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CN Rail is lowering its earnings forecast for the year after falling profits and revenue last quarter and a sluggish economic environment. Canada’s largest railway says it now expects flat to slightly negative adjusted diluted earnings in 2023, instead of the mid-single-digit growth it predicted three months ago. CN reports net income fell by 12 per […]

A labour movement researcher says more large-scale disputes like the industrial action at British Columbia’s ports may be on the horizon. Sociology professor Barry Eidlin (IDE’-lyn) says port workers are facing “existential” questions about their jobs related to automation and maintenance jurisdiction, while also dealing with rising cost of living. Eidlin says the issues facing […]

The B-C government says drought conditions and wildfires in the province are making it difficult for farmers and ranchers to feed their animals.  The province now says it’s launching a program that matches farmers to those who have hay and grain, going to other jurisdictions including the United States to source feed and hay for B-C farmers.  […]

Saskatchewan Agriculture Minister David Marit believes the recent meeting of his federal, provincial, and territorial counterparts, was the most productive one. The meeting in Fredericton, New Brunswick was his 5th one, and is back home after missing the wrap up news conference on Friday to catch a flight back to the province. There were no […]

The European Union will look at helping fund the costly transportation of grain out of Ukraine after Russia halted a deal that allowed Black Sea exports vital to global food security. The EU’s Agriculture Commissioner says they will investigate transport funding after a meeting of agriculture officials in Brussels. The thorny issue of how to get grain […]

Saskatchewan farmers forced to write off drought-afflicted crops are being asked to consider ways to turn those crops into cattle feed instead. According to Agriculture Canada’s most recent drought monitor report, 76 per cent of the country’s agricultural landscape is either abnormally dry or experiencing moderate to severe drought this summer. Cattle producers in the […]

Farm Credit Canada (FCC) is offering support to customers in British Columbia, Alberta, Saskatchewan and Manitoba facing financial hardship as a result of dry conditions that are impacting crop quality and grazing lands. Crops are at a critical state with extremely dry and hot weather creating adverse conditions in parts of all four provinces. Depending on […]

A group of Saskatchewan farmers say they’re draining water in a way that doesn’t harm others downstream. The farmers recently provided a tour of their land to show that the contentious practice doesn’t cause flooding if it’s done properly.  They are part of the Tetlock drainage network near Grenfell.  The farmers work together to move […]

Canadian wheat ending stocks for both the current marketing year and 2023/24 were revised lower by Agriculture and Agri-Food Canada’s market analysis division in its updated supply/demand estimates, released Friday, with tighter oats and pulse stocks also expected.  Wheat ending stocks for 2022/23 were lowered to 3.540 million tonnes by AAFC, from an estimated 3.980 million tonnes […]

Russia destroyed Ukrainian grain warehouses on the Danube River in a drone attack today (Mon), targeting a vital export route for Kyiv in an expanding air campaign that Moscow began last week after pulling out of the Black Sea grain deal. Last week’s attacks mostly struck the sea ports of Odesa but today’s pre-dawn strikes hit […]