Canada: Govt Mandated Grain Volumes for Rail Movement Extended Through Winter
Transport Canada and Agriculture and Agri-Food Canada have issued a press release stating that weekly minimum grain volumes required to be moved by Canadian railroads, which were set to expire on November 29, 2014, will be extended until March 28, 2015. The volumes are over 20 percent lower than the grain industry expected and there have been concerns expressed that these new, low volumes will be used by the railways as an opportunity to ration capacity, rather than follow market demand which is significantly higher.
Canada: Govt Mandated Grain Volumes for Rail Movement Extended Through Winter