Farms.com Home   News

CN Rail Wants Bill C-49 Passed Without Amendments

 
CN Rail has stated that it is considering purchasing 1,000 new grain hopper cars, but only if Bill C-49 is passed without amendments.
 
The railway is being blamed in part for the grain backlog that farmers dealt with over the winter.
 
Keystone Agricultural Producers President Dan Mazier isn't surprised with the request.
 
"It makes sense because these amendments, especially when it come to the interswitching, or the MRE (Maximum Revenue Entitlement), all these ones are picking away at their monopoly. So they can't gouge us in other words...It ultimately ends up with less money in their pockets, potentially."
 
Source : Steinbachonline

Trending Video

USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension


USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.