The Organization for Economic Co-operation and Development (OECD) recently published its annual report on estimates of support to agriculture, titled the “Agricultural Policy Monitoring and Evaluation 2021.” The report monitors and evaluates agricultural policies in 54 countries, including the 38 OECD countries, five non-OECD EU Member States, and 11 emerging economies. Between 2018 to 2020,… Read More
CNH Industrial has reached an agreement to acquire Raven Industries for US$2.1 billion, in a move to enhance CNH’s position in the areas of autonomous and precision agriculture technology. The deal would see the parent company of Case and New Holland acquire 100 per cent of the capital stock in Raven for US$58 per share…. Read More
A recent U.S. federal reserve meeting resulted in an indication that attention to interest rate movement will be sped up in the future. “There’s been a few mixed messages, actually, out of the press conferences that followed that statement of the federal reserve,” says JP Gervais, chief economist at Farm Credit Canada. Gervais says it… Read More
Winnipeg, Manitoba-based Ag Growth International (AGI) has announced it intends to acquire a minority stake in a startup company in Arizona that’s working on technology for reproducing native soil microbes from farmers’ own soil on-site. MyLand describes itself as offering a unique “Soil-as-a-Service” model that extracts live, native microorganisms directly from a grower’s soil and… Read More
Richardson Pioneer has formally announced plans to build a new high throughput elevator at Carmichael, Sask, about 65 kilometres west of Swift Current. Construction on the new facility began earlier this month, and is expected to be complete by fall of 2022. The new elevator will include 46,000 metric tonnes of storage capacity, with loop… Read More
BASF has announced a new brand for its hybrid wheat lines, called Ideltis. Officially launched June 7, the company says its hybrid wheat is intended to provide farmers with “higher and more stable performance in yield and quality.” “Ideltis stands for our commitment to hybrid wheat and the transition of the wheat crop system in the… Read More
Saskatchewan’s push towards developing value-added processing industries has been accelerating in recent years. Just this year, three canola crush plants have either been announced as new builds or expansions. But canola isn’t the only agri-processing moving ahead, as Red Leaf Pulp recently announced its plans to build a wheat straw-based pulp mill at Regina, Sask…. Read More
Saskatchewan-based Croptimistic Technology Inc. has announced $3.5 million in Series A investment from Forage Capital Partners to complement an additional $1.7 million in funding from the founders and institutional debt. The new capital will help accelerate the growth of Croptimistic’s SWAT MAPS technology, which provides farmers and partners with high resolution foundation maps to execute… Read More
Red Leaf Pulp, developer of a proprietary wheat straw-based pulp mill, has announced the company will locate its initial facility on the west side of the city of Regina, Sask. The initial plant will have the capacity to produce approximately 182,000 tonnes of market pulp annually from waste wheat straw collected and aggregated from local… Read More
New Holland has announced it will launch its methane-powered tractors in Europe this year, and North America won’t be far behind. Mark Lowery, the company’s commercial marketing director, says U.S. and Canadian farmers can expect to see test and demonstration T6 model methane tractors later in 2021, with the first commercial sales targeted for late… Read More
Ag Growth International (AGI) has signed a partnership agreement with grain software technology company Bushel. Bushel provides customers with software solutions, including the automation of weigh scale tickets issued by grain elevators. The Bushel platform can also automate contracts and settlements required to complete grain sales. President and CEO of AGI, Tim Close, says that… Read More
Protein Industries Canada (PIC) announced a co-investment into pea, canola, and blended pea-canola protein ingredients in new plant-based products. Merit Functional Foods, TWC Nutrition, Daiya Foods, and Grand River Foods are partnering to product the new plant-based products, which could include alternative meat products, alternative dairy products, or other beverages. “Adding value to our crops… Read More
An important step forward was taken May 27 for the Canadian beef industry, as the World Organization for Animal Health (OIE) recognized Canada as negligible risk for Bovine Spongiform encephalopathy (BSE). “The recommendation by the OIE’s Scientific Commission to grant Canada negligible risk status for BSE is a historic closing of the BSE era for… Read More
Syngenta Canada has decided to separate its seed and crop protection businesses as of June 1, 2021. The seed business will operate under the NK Seeds brand. “As a customer-focused organization, we regularly review our operations to ensure we are positioned for growth and evolving to meet the needs of the customer and industry. With… Read More
A recent study by Farm Management Canada found that 63 per cent of Canada’s producers say they understand and can use financial information for decision-making purposes. Further, producers who have a financial plan and use their financial information to inform decision-making were found to increase their profitability by up to 525 per cent, according to… Read More