Washington | Reuters — The U.S. Senate on Thursday approved a revamp of the 26-year-old North American Free Trade Agreement that includes tougher rules on labour and automotive content but leaves US$1.2 trillion in annual U.S.-Mexico-Canada trade flows largely unchanged. The legislation for the U.S.-Mexico-Canada Agreement (CUSMA) passed on an 89-10 bipartisan vote, sending the […] Read more
U.S. Senate passes CUSMA trade deal
Britain launches farm bill as Brexit paves way for major reforms
London | Reuters — An agriculture bill will be introduced in Britain’s parliament on Thursday, with funding for the industry increasingly linked to tackling environmental challenges as the country develops its own farm policy for the first time in decades. Britain currently abides by the EU’s Common Agricultural Policy but is set to leave the […] Read more
Mycotoxin risk likely to be high in some Alberta feed grains
Last year’s growing conditions created a perfect breeding ground for some dangerous mycotoxins, including DON
Reading Time: 3 minutes Variable weather conditions across the Prairies could cause problems with mycotoxins in feed this winter. “The No. 1 most influencing factor in mycotoxins is weather,” said Max Hawkins of Alltech’s mycotoxin management team. “Weather determines which moulds we’re going to have, the amount of those moulds, and those moulds determine the variety of mycotoxin.” Mycotoxins […] Read more
Hay disaster benefit kicks in for Manitoba growers
Eligible Manitoba forage growers can expect to share in a $5 million hay disaster benefit (HDB) for the 2019 crop year. Manitoba Agricultural Services Corp. (MASC), the provincial crop insurance agency, announced Friday that the HDB has been activated and benefit payments to eligible forage producers on about 1,500 claims will begin “shortly.” The HDB, […] Read more
Fraser: The case against carbon pricing for farmers
The federal government continues to suggest the carbon tax imposed on Prairie farmers is necessary to reduce greenhouse gas emissions and may not be causing undue harm to the country’s agricultural sector. Agriculture Minister Marie-Claude Bibeau speaks publicly about “special considerations” for farmers, while at the same time openly questioning carbon pricing’s effect on their […] Read more
Deere bets on cost cuts, services push to boost profits
Chicago | Reuters — Deere and Co. on Wednesday said it will cut costs and ramp up investment in data-driven agriculture technology and its services business to make itself more profitable. In a pitch to investors, CEO John May said the measures are expected to boost operating profit margin to 15 per cent by 2022 […] Read more
Ocean freight rates trending lower
MarketsFarm — The Baltic Dry Index has fallen sharply over the past four months, dropping below 1,000 points to start the New Year. A slowdown in iron-ore activity, as high prices have had Chinese mills buying up domestic inventories rather than importing from overseas, accounted for much of the general weakness in the freight sector, […] Read more
Syngenta owner ChemChina to merge ag assets with Sinochem’s
Zurich | Reuters — ChemChina and Sinochem are consolidating their agricultural assets into a new holding company to be called Syngenta Group, ChemChina unit Syngenta said on Sunday. Chen Lichtenstein, current CEO of Shenzhen-listed crop protection company Adama, which will also be incorporated into the new group, will be nominated chief financial officer of the […] Read more
Fraser: Bibeau buying time, BRM not a federal priority
The federal government is buying time when it comes to making drastic improvements to AgriStability and other business risk management (BRM) programs. Federal Agriculture Minister Marie-Claude Bibeau recently announced minor, cost-free tweaks to AgriStability, during the same week the public was given an updated look at Canada’s fiscal situation. That update shows the Liberal government’s […] Read more
U.S. House passes CUSMA
Washington | Reuters — The U.S. House of Representatives on Thursday backed a new trade agreement with neighbouring Mexico and Canada in a 385-41 bipartisan vote, sending the NAFTA replacement measure to the Senate for consideration early in 2020. Democrats, who control the House, approved the United States-Mexico-Canada Agreement (CUSMA) more than a year after […] Read more
Cyber-Savvy Farmer
