Todd Hirsch, ATB financial senior economist, spoke at the Canfax Cattle Market Forum. The outlook he provided was one of cautious optimism mixed with a little bit of wait and see. The cautious optimism stems from the overall stability of the Canadian economy and the growth in provinces like Alberta and Saskatchewan. The wait… Read More

The world is a much smaller place than it ever was. When it comes to areas like feed grains, what was once a very localized trade is now increasingly international. That requires a new level of international awareness for producers, especially in times marked by historic highs and increasingly tight supplies. So what should we… 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

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

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

The markets are volatile and could be described liked standing inside a hurricane at times.  Only this time the hurricane was real.  With Hurricane Sandy ripping through the east coast, the impacts on beef demand must be questioned. With the XL Foods hangover working its way out, feed yards and ranchers are trying to get… Read More

Quebec-based Olymel has officially made a bid for Big Sky Farms, the Saskatchewan-based hog producer that recently entered receivership. Olymel has made a bid of $65 million to purchase the company. If successful, it’s likely operations would not change significantly, as Olymel processed much of Big Sky’s production. While this is the only current bid,… Read More

Saskatchewan agriculture minister Lyle Stewart announced today the first 10 federal community pastures to be transferred to the province and to patron-controlled operation for the 2014 grazing season. Patrons (current users of the community pastures) will be given the opportunity to own or lease these pastures. “Patrons have had cattle grazing these pastures for years;… Read More

 

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