U.S. grain trader and processor Bunge Global recently reported a smaller-than-expected drop in second-quarter profit on improved oilseed processing margins.
Tag Archives grain handling
Bunge surpasses quarterly profit estimates
Better-than-expected results helped by improved oilseed processing margins, grain and oil merchandising
Grain movement success goes beyond volume
Moving more grain year over year is a good thing, but it is only one of the metrics that helps Canada keep our customers.
North West Terminal continues to sit idle
A founding shareholder questions why the board approved raises for executives while the terminal incurred $28 million in cumulative losses since 2016
A founding shareholder of North West Terminal Ltd, near Unity, Sask. questions why the board approved raises for executives while the terminal incurred $28 million in cumulative losses since 2016
A new grain bag baler from Loftness
Loftness adds new model to handle up to 12-foot diameter bags
Minnesota-based Loftness introduced a 12-foot grain bag baler earlier this year that can make disposing of used grain bags a simpler and less labour-intensive process.
New 2,500-bushel grain cart from Unverferth
The new unit offers more capacity and sophisticated data gathering via new digital features
Unverferth has just introduced the new model 2520 grain cart, which pushes at the upper capacity limits of its cart line with a 2,500-bushel load rating.
Bartlett to buy Ceres Global Ag Corp
Kansas City-based grain buyer Bartlett has agreed to buy Ceres Global Ag Corp.
Canadian Transportation Agency announces railway price indices for 2025-2026 crop year
The Canadian Transportation Agency has set its volume-related composite price indices (VRCPI) for Canada’s national railways—key metrics used to determine the railways’ revenue caps for movement of Western Canadian grain.
Grain monitor raises alarm about railway performance
Mark Hemmes of Quorum Corp said railways have to do better, as CN points to new volume records the company set this year
Canadian National Railway announced last week it established two new monthly grain movement records, even as Canada’s grain monitor says railway performance continues to be inconsistent.
ADM cuts jobs in grain trading division, sources say
SAO PAULO (Reuters) – U.S. grains merchant Archer-Daniels-Midland is making a fresh wave of job cuts this week at its largest unit, the grain trading and oilseed processing division, according to three sources briefed on the matter. Chicago-based ADM said in February it would cut up to 700 jobs and reduce costs by $500 million […] Read more
Port expansion’s long timeline example of stifling regulation
The Vancouver Fraser Port Authority handled record cargo in 2024, highlighting its vital role in the country’s trade infrastructure, but when its efficiency is compared to other global ports, its grades are dismal.
