Bank of Canada Rate Hike

[bucket]

you guys realize the railways get mandatory rubber stamped indexed increases for their freight rates.....the less they move and the more they push into the next crop year the more they make....

they will also be passing on any government imposed carbon tax to customers...

when Raitt tried to impose fines the railways laughed because the less they did the next years increase in freight rates would pay for the fines anyway....not one politician could figure that out,

[farming101]

Canadian dollar rallying as a result, canola getting hammered . . . .

Canola has been getting hammered for days, not sure it is because of a rising CAD

[bucket]

Canola has been getting hammered for days, not sure it is because of a rising CAD

just a guess... but a lot of canola being dumped so guys don't have to deal with it later?????

[Oliver88]

just a guess... but a lot of canola being dumped so guys don't have to deal with it later?????

Likely the case. The majority came off very tough this year and having a surprise in March is overrated...

[bucket]

Likely the case. The majority came off very tough this year and having a surprise in March is overrated...

you gotta think it will be a great year for milligan to recover??????

[farming101]

Not a continuous yearly increase but up is the general direction. One factor that has an influence on per tonne rates is what percentage of crop comes from the highest freight rate areas.

[bucket]

Not a continuous yearly increase but up is the general direction. One factor that has an influence on per tonne rates is what percentage of crop comes from the highest freight rate areas.

So when they are hauling from Butt**** saskatchewan their revenues are higher plus the yearly increase plus gifted well maintained railcars....