A decision by Canadian Pacific Railway is impacting shippers moving grain to the Pacific Northwest, including Full Circle Ag at Forman, North Dakota. Grain Division Manager Justin Ostby said CP will not match the BNSF freight prices at neighboring elevators. The elevator is seeking other options, but the PNW is a critical market. “For us, this is a huge deal,” said Ostby. “This is keep the lights on or shut ’em off kind of a deal.” CP is honoring the contracts for May delivery. Once those train commitments are full, Ostby said the elevator’s basis level will widen by 30 cents.
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