Reading Time: 4 minutes When you sit down across a desk from your equipment dealer, you’re out to get the best deal you can — and your dealer is out to make a profit. So how can you keep more jingle in your own jeans? “It doesn’t matter if you pay cash, you finance it, or you lease it,” […] Read more
Cash is your best bet when buying machinery
If you're going to 'run the hell out of your equipment,' lease it
China clears ChemChina’s Syngenta deal
Zurich | Reuters — ChemChina’s US$43 billion planned takeover of Swiss pesticides and seeds group Syngenta has received approval from China’s Ministry of Commerce (MOFCOM), the two companies said Wednesday. “This represents a further step towards the closing of the transaction, which is expected to take place in the second quarter of 2017,” they said […] Read more
Alberta to restore non-refundable checkoff option
Alberta’s farmed-commodity commissions may soon be able to make their checkoffs non-refundable again if their producer members are willing. The provincial government on Tuesday tabled amendments to the Marketing of Agricultural Products Act (MAPA) which would grant each of the province’s 13 agricultural commissions the ability to determine whether their checkoffs should be refundable or […] Read more
Brandt buys Saskatoon power generating equipment plant
Tractor and equipment manufacturer Brandt expects to double its manufacturing footprint — and expand into new equipment lines — after closing a deal for a major Saskatchewan plant site specializing in power generation machinery. The Regina-based company on Friday announced it had closed its deal to buy the former Mitsubishi Hitachi Power Systems Canada facility […] Read more
FCC sees increase in Canadian farmland values slowing
Farmland values in Canada, on average, appreciated in 2016 — and while it was less of an increase than the year before, the gain easily beat a bank GIC. Land prices here in Manitoba, which have been rising steadily since 1992, on average gained 12 per cent in both 2015 and 2014. But after four […] Read more
Talks wrap on new Canadian internal trade deal
Farm groups across Canada expect a new interprovincial trade agreement to clear paths for more trade in Canadian-grown agrifood and other farmed products within the country, reducing the need for imports. Federal, provincial and territorial ministers on Friday announced they’ve concluded talks on a new Canadian Free Trade Agreement (CFTA), which on July 1 will […] Read more
Wireless providers ordered to set up alert system
Canada’s wireless providers have until April 2018 to set up wireless public alerting systems on LTE networks. The Canadian Radio-television and Telecommunications Commission (CRTC) on Thursday issued a directive to that effect to all wireless service providers. The alert system would allow emergency management officials to warn Canadians via mobile devices of “dangers to life […] Read more
EU clears ChemChina’s Syngenta takeover, with conditions
Brussels | Reuters –– ChemChina won conditional EU antitrust approval on Wednesday for its US$43 billion bid for Swiss pesticides and seeds group Syngenta, a deal that could help China boost its domestic agricultural output. The deal is one of several reshaping the agricultural chemicals and seeds market, even as these deals trigger fears among […] Read more
ChemChina, Syngenta win U.S. antitrust approval for deal
Washington | Reuters — The China National Chemical Corp., or ChemChina, has won U.S. antitrust approval to buy Switzerland’s Syngenta on condition that it divest three pesticides, the Federal Trade Commission said on Tuesday. To win approval for the $43 billion deal, the companies agreed to divest ChemChina’s generic production of the herbicide paraquat, the […] Read more
JBS accused of violating rainforest protection laws
Brasilia | Reuters –– The world’s largest meatpacker, Brazil’s JBS SA, has for years knowingly bought cattle that were raised on illegally deforested land, turning a blind eye to regulations meant to protect the Amazon rainforest, Brazil’s environmental regulator has alleged. The accusation comes even as JBS and other meatpackers in Brazil, the top global […] Read more
Cyber-Savvy Farmer
