Category: Ag Business

Canadian net farm income grew 7.6% in 2016: StatsCan

StatsCan has released its net farm income report for 2016 and the results may surprise you considering the livestock and commodity market that producers faced. According to the report, revenue held fairly stable while it was declining operating expenses that allowed net farm income to rise. A full breakdown of the report, including provincial comparisons,… Read more »

Should ‘vertical’ factory farms get a free pass?

In a recent Fast Company magazine article there was a feature on the benefits of using technology to produce food. The article praised the efficiency gains made by implementing the latest in what technology could provide. The farm in the article is located in San Francisco. That’s right, it’s a vertical farm. The company’s name… Read more »

Glencore eyeing acquisition of Bunge

Global commodity giant Glencore — the majority owner of Regina-based grain company Viterra — is looking to expand its agriculture business, and has approached Bunge about a possible takeover. In a statement on Tuesday, Glencore confirmed it has “made an informal approach to Bunge Limited regarding a possible consensual business combination.” Glencore notes “discussions may… Read more »

Canada’s 2017 first quarter ag equipment sales are stronger than a year ago

According to the Association of Equipment Manufacturers April 2017 Flash Report, Canadian tractor and combine sales are very strong when you take into account both the month to month and year to date numbers. Here are some highlights: Year to date – 4WD tractor sales are up 48.6% in comparison to 2016 Year to date… Read more »

Ontario farm leaders head south to keep U.S. ag trade flowing

Starting Wednesday, Ontario ag leaders are headed south of the border to try to mend some of the trade fences that embattled U.S. President Donald Trump has crashed through. Led by Ontario’s Ministry of Agriculture, Food and Rural Affairs minister Jeff Leal, the group – which includes representatives from the Ontario Federation of Agriculture, the… Read more »

Growing agri-food industry shaping Guelph’s OAC programs

The agri-food industry needs more highly qualified people, and the University of Guelph’s Ontario Agricultural College (OAC) is looking for ways to help meet the demand. Producing more graduates is both a challenge and tremendous opportunity, says OAC dean Dr. Rene Van Acker. A study released five years ago indicated that there were three jobs… Read more »

Watching for ‘Cow Signals’ is time well spent

Every time a cow takes a lame step or stands for a long period of time she’s sending a signal. Farmers who read those signals and respond with efforts to improve cow comfort are rewarded with increased cow longevity and more profit in their pocket. That’s the return on investing in Cow Signals, according to Agribrands… Read more »

LibertyLink is up for sale — who will buy it?

In order to get the $66 billion purchase of Monsanto finalized, Bayer has agreed to sell its LibertyLink trait and herbicide portfolio, according to Reuters. The Competition Commission of South Africa announced the stipulation earlier this week, to which Bayer has reportedly agreed. The divestiture of some traits doesn’t come as a surprise to most, with… Read more »

What’s in it for Agriculture? The Liberal Budget Breakdown

The Ontario Liberals are spending big, but there’s not a whole lot in the 2017-18 provincial budget for agri-food and rural Ontario. The Liberals are going to balance the budget but they are going to spend more than $140 billion in this fiscal year and push the provincial debt over $300 billion. There’s big money… Read more »

Creating a ‘Silicon Valley’ for Food in Ontario

Around the globe, agriculture and food systems produce about 2,850 calories per person per day. That’s enough to feed the world explains University of Guelph professor Evan Fraser, but unfortunately we still have 800 million people who are undernourished. Even more perplexing is the fact that we have 2 billion people who struggle with being… Read more »

Canadian Dairy XPO Attendance Tops 16,000

Dairy producers from across Canada and around the world helped the Canadian Dairy XPO (CDX) establish a record attendance earlier this month. Overall, attendance at the Stratford, Ont., dairy industry trade show surpassed 16,000, breaking the attendance record of 14,900, set last year. Those are huge numbers considering there are about 15,000 dairy farms in… Read more »

Farm Credit Economist Sees Possible NAFTA Status Quo

Canada’s largest agriculture lender believes predictions of a re-negotiated North American Free Trade Agreement (NAFTA) are premature and a patient strategy is the best path forward for the Canadian government and the country’s supply managed sector. Speaking at the Canadian Dairy XPO last week in Stratford, Ont., Farm Credit Canada agricultural economist Jean-Philippe Gervais told… Read more »

Branding Your Farm Can Make a Difference

What do consumers think of Canadian farmers? Recent studies tell us that consumers appreciate and respect farmers’ efforts to produce healthy, affordable, safe food for Canadians. But to maintain the strength of the Canadian farm brand and consumers’ trust, farmers must continue to be brand champions for their own farms and their industry, says Len… Read more »

Syngenta-ChemChina Deal Gets Green Light From E.U. and U.S. Regulators

ChemChina’s bid to acquire Syngenta has received a pair of major regulatory approvals on both sides of the Atlantic. The European Commission gave a conditional green light to the deal early Wednesday, less than 24 hours after the U.S. Trade Commission approved the US$43 billion takeover. Both approvals require ChemChina divest crop protection assets owned by… Read more »

Ontario CCAs Taking Lead on 4R Nutrient Management

Almost half of North American Certified Crop Advisors (CCAs) holding a new 4R Nutrient Management designation reside in Ontario. That puts Ontario’s crop advisors at the forefront of efforts to help farmers and agriculture improve water quality, environmental stewardship and sustainability, says Ontario Certified Crop Advisor Association executive director Susan Fitzgerald. Earlier this week, the… Read more »