Australian company GrainCorp has rejected a US$2.7 billion offer from U.S.-based Archer Daniels Midland Company (ADM) on the heels of releasing its annual profit statement and lifting its share dividend. GrainCorp claims the ADM deal “materially undervalues” the company, as it announced a 19% increase in net profit for the 2011-12 fiscal year. GrainCorp’s shares… Read More

Farm auctions have long been a gathering place, a chance to meet with old friends and maybe even make new ones over a round of spirited bidding. While auctions have changed some, with many people attending via Internet, they’re still a great place and sometimes the only place to find much-needed items. In Western Canada,… Read More

Utter the words “supply management” and those involved in the agriculture industry are likely to have strong opinions for and against. The same can be said for the U.S., where an expired Farm Bill and recent run-ups in feed costs have converged to make a whole lot of farmers and industry folk nervous about the… Read More

In September, Bernard Tobin, RealAgriculture.com’s Ontario correspondent, explained in this interview that the Slots-at-Racetrack program was ending and ending quickly. As of March 31, 2013, the slot machines would be pulled from Ontario racetracks, and the revenue generated by the slots (and shared with the province) would walk out the door with the machines. The… Read More

Dow AgroSciences has offically confirmed today that Helen Choquette’s PIN number was drawn for the Nexera Canola Keys to the Combine Contest yesterday at Red Deer’s AgriTrade – giving her full ownership of a 2012 New Holland CR 9090 combine, valued at $331,000. In 15 months almost 50,000 keys were unlocked in the Nexera Canola… Read More

Viterra Inc. announced today that Glencore International PLC’s purchase of the company is on hold until at least December 10th. The deal is hung up on regulatory approval from the Ministry of Commerce of the People’s Republic of China. Industry Canada has approved the $6.1 billion deal that will see Winnipeg-based Richardson International buy up… Read More

After a very dry growing season, farmers in eastern Canada are hurting for hay. Western Canadian farmers know all to well what that’s like, having experienced a similar situation in 2002. Farmers, private companies and governments have come together to form Hay East — a program to send much-needed forage from the west to the… Read More

13.4 million tonnes of canola is, historically, a big canola crop. For 2012, however, it’s a total tonnage figure that disappointed many Western Canadian farmers. As we reported earlier this year, the swaths looked like a 35 bushel crop but yielded closer to 20. Many were shocked by the significantly lower Statistics Canada production number… Read More

A web-based crop protection selection tool, AgChemExpert, launched this week. AgChemExpert is a custom designed software program that helps farmers and agronomists alike understand what chemicals do what, how and when to use them and even what they are made up of, according to the company’s release. Developed by agronomist Chris Hawkins, A-C-E is an… Read More

Maple Leaf Foods has announced it will buy the Puratone Corporation, the cash-strapped Manitoba hog production company, for approximately $42 million. The purchase includes Puratone’s livestock, facilities and interests in some joint ventures. The transaction is expected to close within a month, subject to court and regulatory approvals, according to a news release. . “This… Read More

Earlier this year the CWB (as it was still named) rolled out handling agreement announcements at Canada’s Farm Progress Show at Regina, Sask. During and after the press conference, more than a few weighed in on what percentage of the grain handle the monopoly-less board could possibly attract. Some estimated as much as 30% to… Read More

 

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