There have been several announcements from the Canadian grain trade recently about big new investments in grain handling infrastructure.
There have been several announcements from the Canadian grain trade recently about big new investments in grain handling infrastructure. Viterra announced last week that it intends to spend upward of $100 million in operational improvements at its Pacific Terminal in Vancouver. The Canadian Wheat Board (CWB) has made two separate announcements in recent weeks of its intent to build two new "greenfield" inland terminals, one in Saskatchewan and one in Manitoba. Word is that it will likely announce one or two additional inland terminals in the near future. The CWB has struggled to make its mark as a priva...
Key Takeaways: Milk alone has not covered the full economic cost in any year since 2021: milk revenue fell short by $4.50, $2.15, $6.50, $1.27 and $2.34 per hundredweight in 2021 through 2025. Calf and cattle prices decided whether dairies cleared cost: cattle and other income lifted total rev...
Key Takeaways: Dry bulk markets are mixed with Capesize rates seeing solid gains while Panamax values slipped on a growing tonnage list. Supramax and Handysize vessels were stronger, though all sectors remain vulnerable to the seasonal dip in rates through Q4 and into Q1. Falling water l...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...