Due to the trade war between the U.S. and China, the White House used the Market Facilitation Program (MFP) to compensate farmers from the Commodity Credit Corporation (CCC). The compensation was justified based on farmers willing to be “true patriots” for the greater good of America’s decision to call out China on its trading practices…. Read More
Category: Ag Business
The boards of directors for Huron Bay Co-operative Inc. and North Wellington Co-operative Services have put a recommendation forward to its farmer-owners to “blend” the co-ops through amalgamation. The two agriculture-based Ontario co-ops are working on a strategy on how best to merge business operations, governance, finances, assets, departments, and markets to “explore further opportunities… Read More
How is agriculture and food production impacting the planet? Many naysayers believe our farming and food system is taking its toll, linking agriculture to 10 to 15 per cent of greenhouse gas emissions, while painting it as a resource hog that gobbles up 40 percent of the earth’s land base and 70 percent of its… Read More
Agriculture and Agri-food Canada (AAFC) released its Outlook for Principal Field Crops report this week, and is predicting a slight increase in both area seeded and overall yield of field crops for the 2020-21 cropping year, compared to 2019-20. Area Seeded: AAFC is expecting to see a slight increase in area seeded, as wheat and… Read More
A familiar name in agriculture has been promoted within the Agri-Food Innovation Council (AIC), as Dr. Wilf Keller joins the organization as its vice-president of outreach. Keller was serving as AIC’s board chair. “We’re looking forward to Dr. Keller joining our team; given his background, he will serve an integral role with our organization as… Read More
By the time harvest ends this season, the Keystone Agricultural Producers (KAP) estimate Manitoba producers will have paid almost $1.7 million in carbon tax related to the cost of drying the 2019 corn crop. “We are firm in our position that there needs to be an exemption for farmers under the carbon tax framework for… Read More
The Morris Group, comprised of Morris Industries, Morris Sales and Services, and Contour Realty Inc., have been granted an order extending the stay of proceedings under the Companies’ Creditors Arrangement Act (the “CCAA”). The extension was granted until March 27, 2020, and means the company can continue to operate in an effort to restructure and… Read More
The topic of trade was heavily discussed among attendees at this year’s CropSphere conference. This comes as no surprise to most, as Canadian farmers continue to deal with trade uncertainty on the global stage. One of the keynote speakers, Globe and Mail columnist Andrew Coyne, touched on how politics relate to both trade overall and… Read More
Moving farm equipment down the road can be a scary situation. To make it safe, everyone — farmers and drivers — need to understand the rules of the road and follow them, says Matt Mitchell, an enforcement officer for the Ontario Ministry of Transportation. Speaking with farmers at the SouthWest Agricultural Conference (SWAC) last week… Read More
Protein Industries Canada (PIC) is providing its second investment into a $19.1 million project with the aim of commercializing high quality plant-based proteins. The project will focus on proprietary pea protein and canola protein isolates — including introducing the world’s first highly soluble, highly functional canola protein isolate. “This project is a great example of… Read More
With spring less than three months away, Nufarm Agriculture Inc. has unveiled its new post-emergent grass weed herbicide — Epic. The product contains pinoxaden, for spring wheat, durum wheat, and barley, and can be used as an option for the selective control of wild oats, green and yellow foxtail, Persian darnel, volunteer oats, volunteer canary… Read More
The Alberta Cattle Feeders’ Association (ACFA) and the Alberta Beef Producers (ABP) recently conducted an industry competitiveness study to evaluate the industry’s ability to profitably maintain or enhance the market share of the Alberta beef industry in relation to its American counterparts. Key highlights from the report include: Beef cattle sales in Alberta amount to… Read More
The Do More Ag Foundation has launched its second awareness campaign since forming back in 2017. It Starts With Me will focus on the language around mental health and how a small change of your words can have a huge impact on someone’s well-being. “Our words can have such a powerful impact, whether verbalized to others,… Read More
Both ChemChina and Sinochem will be consolidating their businesses into a new holding company within ChemChina, dubbed Syngenta Group Co. The newly formed company will be based in Shanghai, China. With the consolidation, ADAMA, Syngenta, and Sinochem will align the companies and capitalize on the value creation and synergy opportunities identified. According to a news… Read More
A Canadian fertilizer company is expanding its roots into Brazilian territory. Nutrien Ltd. announced today that it has started the paperwork to purchase Agrosema Comercial Agricola Ltda. The ag retailer, located in southern Brazil, has over 30 years of experience and annual sales hitting roughly US$60 million across 12 farm centers. “The Agrosema acquisition is… Read More