NEWS
Canada Grain Transport Woes
Fri Feb 28, 2014 07:18 AM CST

OTTAWA (Dow Jones) -- Canada's Agriculture Minister Gerry Ritz is threatening railroads with regulations or legislation to clear the grain-shipping backlog, which he blamed partly on increased shipments of crude oil by rail.

Farmers are having a tough time finding enough railcars to transport grain after a bumper harvest last year. Orders with rail operators to pick up 4.6 million tons of oats, wheat, barley and canola have gone unfilled due a shortage of railcars. The backlog is hurting their income and sending oat-futures prices soaring in the U.S., which is heavily dependent on Canada for supplies. Railroads have blamed ...

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