The Canadian Grain Commission has announced that they will be compensating producers who were not paid for grain delivered to Global Food and Ingredients Inc. (GFI) upon its winding down of operations, though not at 100 per cent of owed value. The CGC says that producers will be compensated at 75 per cent for their... Read More
Category: Ag Business
Two players in the precision ag space have teamed up to create what the collaborators are billing as a new leader in soil health digitization for advanced crop management and climate sustainability. EarthOptics and Pattern Ag have joined forced to deliver farmers services that combine data on pest and disease detection, fertilization, and tillage prescriptions... Read More
North American tractor and combine sales are feeling the effects of a difficult agriculture economy and poor commodity prices. In its monthly report, the Association of Equipment Manufacturers is reporting significant declines in monthly sales of combines and tractors in the U.S. and Canada. AEM reports that U.S. sales of ag tractors decreased 19.2 per... Read More
Maple Leaf Foods has chosen an old, familiar name for the pork production business it plans to spin off as a separate publicly-traded company in 2025. The new, independent pork company will be called Canada Packers Inc. "We are thrilled to launch Canada Packers as the new name for our future independent pork company," said... Read More
Biologicals hold great promise for improving crop production. The crop input segment is now occupied by almost 500 companies with almost 2,000 registered products that include claims to do everything from increasing root activity, soil microbes, and nutrient availability to building plant resiliency to abiotic stresses. It is a difficult market, however, for many farmers... Read More
Picton Terminals and Parrish & Heimbecker Limited have announced plans to build a bulk agricultural marine terminal at Picton Terminals in Ontario's Prince Edward County. The partners say the new terminal will significantly reduce travel time for local farmers, alleviate truck traffic on Highway 401 and enhance the overall efficiency of the agricultural supply chain.... Read More
A new soybean crush plant in North Dakota — about 150 miles from the Canada-U.S. border — has started receiving soybeans as it ramps up operations. The North Dakota Soybean Processors (NDSP) facility at Casselton, ND — just west of Fargo — has been designed to process 125 thousand bushels per day and 42.5 million... Read More
The Ontario government is enhancing support for the beef sector by making more financing available through the Feeder Cattle Loan Guarantee Program and also investing in the Ontario Beef Market Development Program. Expansion of the Feeder Cattle Loan Guarantee Program will see available funding for beef farmers increase by $240 million to $500 million. The... Read More
Cargill says it has passed the halfway mark on construction of its new canola processing facility located in the Global Transportation Hub west of Regina, Saskatchewan. The facility, which is designed to process one million tonnes of canola per year, is now expected to open in 2025. "The current construction environment is full of unique... Read More
Six independent agronomy companies are joining MNP to launch a new agronomy practice in a major shake-up of the Western Canadian crop advisory market. MNP — one of Canada's largest professional services firms — is bringing together 4R Agronomy, Annex Agro, Arrow Crop Management, Elite Ag, Max Ag Consulting, and Sure Growth Solutions to launch... Read More