Farms.com Home   News

KAP President Concerned With Rail Strike

Keystone Agricultural Producers (KAP) President Bill Campbell is concerned about the CN Rail strike.
 
About 3,200 employees with the Teamsters Canada Rail Conference went on strike early Tuesday morning.
 
"As a producer and a farm organization, we're concerned about the situation that has arisen with the negotiations between CN and their conductors and workers," he said. "We'll be watching it closely...it's relatively early yet but hopefully it does not have a significant impact yet but we will have to watch and see."
 
Campbell talked about the timing of the work stoppage.
 
"Now is an ideal and excellent time to move as much of our commodities as we can," he said. "We're able to get around the yards a little better, the temperatures are a little better and the efficiency of the railway is probably better now than it will be say in February or March when they have to deal with cold temperatures and snow through the mountains. We're concerned a little bit about movement to the east, Thunder Bay, how much longer they will remain open but I think that we need to move as much as we can 52 weeks of the year and anytime there's a disruption in that movement, it has repercussions further down the road."
Click here to see more...

Trending Video

Funds are Long the Grain & Oilseed Complex for the 1st Time Since Feb of 2025! BULLISH PRICES!

Video: Funds are Long the Grain & Oilseed Complex for the 1st Time Since Feb of 2025! BULLISH PRICES!


The funds (managed money) crowd/spec are now net long the grain complex! The AI King Nvidia reported 4th quarter earnings that surpassed Wallstreet estimates but the stock falls? Trump retaliates against U.S. supreme court decision to impose an additional 15% global tariff. FDN (First Day Notice) and month end fund selling in March futures were absent in 2026. Crude oil futures adding more geo-politics, weather turns more active for March, plus South America weather and the latest CFTC report.