Canada has an enormous transportation problem that is likely unprecedented, and it might rival Brazil in terms of shipping delays before all is said and done.
Canada has an enormous transportation problem that is likely unprecedented. Because the interior rail logistics are so snarled, it could be six months or more before any semblance of normalcy returns. Canada might rival Brazil in terms of shipping delays before all is said and done. What's the problem?
Canada blew away previous wheat and canola production records by 17 percent and 23 percent, respectively. Depending on whose numbers you believe, crude oil shipments by rail in Canada have surged from basically none in 2009 to somewhere around 150,000 cars in 2013. That takes an...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...