Kiev | Reuters — Ukrainian businessman Oleh Bakhmatyuk, the major shareholder in agricultural group Ukrlandfarming, is in talks with Chinese and Middle East investors about possibly selling a stake in the company, Interfax news agency said on Monday. Ukrlandfarming’s main businesses are grain and sugar production, livestock farming, the distribution of agricultural products and the […] Read more
Ukrlandfarming owner in talks to sell stake
Belgian internal feud blocks EU-Canada trade deal
Brussels | Reuters — The European Union’s hopes of signing a landmark free trade deal with Canada this week appeared to evaporate on Monday as the Belgian federal government failed to win the consent of French-speaking regional authorities. European Council President Donald Tusk had given Belgian Prime Minister Charles Michel until Monday, three days before […] Read more
Canada says up to EU to save free trade deal
Brussels | Reuters — Canada said on Saturday it was up to the European Union to save a free trade deal that could boost both economies but that cannot be signed as planned next week due to opposition from Belgium’s French-speaking region. The Walloon government was awaiting new proposals from the European Commission, according to […] Read more
Canada walks out of trade talks with ‘incapable’ EU
Brussels | Reuters — Canada’s trade minister walked out of talks in Belgium on Friday, declaring that the European Union was incapable of sealing a planned transatlantic free trade deal designed to boost growth in both economies. All 28 EU governments support the Comprehensive Economic and Trade Agreement (CETA), but Belgium cannot give assent without […] Read more
Belgian region sticks to firm ‘Non’ on CETA
Brussels | Reuters — The Belgian region of Wallonia rejected new amendments to a planned EU-Canada free trade agreement on Thursday, reaffirming its opposition and so threatening the entire deal, a flagship of European Union trade policy. All 28 EU governments support the Comprehensive Economic and Trade Agreement (CETA), but Belgium cannot give assent without […] Read more
Cargill to exit Canadian egg processing
U.S. agrifood giant Cargill is set to step out of the Canadian egg processing business and sell its Toronto-area plant to another processor in the same line of work. The company announced Thursday it plans to sell its egg processing plant at Etobicoke to Global Egg Corp., which also operates out of Etobicoke, for an […] Read more
EU calls meeting to try to unblock Canada trade deal
Brussels | Reuters — The European Union summoned envoys from its member states to an emergency meeting in Brussels at 8 p.m. local time on Thursday to seek a last-minute resolution to Belgian difficulties holding up a trade deal with Canada, diplomats said. All 28 EU governments support the planned Comprehensive Economic and Trade Agreement […] Read more
Belgian region wants more time to fix CETA
Brussels/Ottawa | Reuters — The premier of the Belgian region that is the main impediment to a planned EU-Canada free trade agreement on Wednesday advised postponing a summit next week to sign the deal and taking a few more months to fix outstanding issues. Walloon’s Paul Magnette spoke as pressure mounted on him to drop […] Read more
Belgian ‘Non’ blocks EU approval of CETA
Luxembourg | Reuters — EU governments failed on Tuesday to approve a free trade agreement with Canada, as continued opposition from French-speaking southern Belgium threatened the entire deal. Almost all 28 EU governments, whose ministers were meeting in Luxembourg, now back the Comprehensive Economic and Trade Agreement (CETA), which would be the bloc’s first trade […] Read more
Canada’s Onex to buy U.S. grocery chain Save-A-Lot
Reuters — Food retailer and wholesaler Supervalu Inc. said it will sell its Save-A-Lot business to Canadian private equity firm Onex Corp. for US$1.37 billion rather than spinning off the discount grocery chain as previously planned, the companies said on Monday. Eden Prairie, Minnesota-based Supervalu had been looking to separate the more profitable division, which […] Read more
Cyber-Savvy Farmer
