“Preferential” loan rates are available to young farmers or agribusinesspeople planning start-ups through a new Farm Credit Canada lending program. Lawrence MacAulay, addressing the Canadian Federation of Agriculture’s annual meeting Wednesday in Ottawa when he was still federal minister of agriculture, unveiled the federal ag lending agency’s new Starter Loan Program. The program, according to […] Read more
FCC offers up new Starter Loans
CFA elects new chief
The Canadian Federation of Agriculture has elected its first-ever female president in a changing of the guard at its latest annual meeting. Mary Robinson, past-president of the Prince Edward Island Federation of Agriculture, was elected president Wednesday at the CFA’s AGM in Ottawa. She replaces Ron Bonnett, the organization’s president since 2010. Keith Currie, president […] Read more
Manitoba to prepare for spring flooding
Some major waterways in agricultural Manitoba are expected to spill their banks this spring, according to the provincial infrastructure department’s first official flood outlook for the year. Assuming normal weather conditions for the season, southern Manitobans can expect levels on the Red River south of the floodway to peak near 2011 levels, the department said. […] Read more
Bayer reaps profit lift from Monsanto
Leverkusen, Germany | Reuters –– Bayer’s US$63 billion purchase of seed and chemical firm Monsanto made its mark on the German company’s fourth quarter earnings on Wednesday, lifting profit and boding well for the peak season of its enlarged agriculture business. However, mounting litigation risks related to Monsanto still cast a pall over an adjusted […] Read more
Abrupt mid-March shift into spring predicted
Winter conditions are expected to remain the norm across the Canadian Prairies through the middle of March, when a sudden pattern change brings an abrupt start to spring, according to the latest seasonal forecast from The Weather Network. The quick move from cold to warm conditions raises the risk of flooding in areas with a […] Read more
Make a difference with good crop rotation
Benefits include lower disease control and fertilizer costs
Reading Time: 2 minutes One of the best tools to improve the bottom line, reduce future grief, and lower the risks of pests, disease and weeds is by using a diverse crop rotation. “A good crop rotation is one where there is an adequate variety of crops grown so that any one type of crop is grown only once […] Read more
U.S. agency sees high spring flood risk for Red River
As most of Western Canada continues to brace for frigid temperatures, some in southern Manitoba are already preparing for a messy spring. The U.S. National Weather Service on Thursday reported the Red River is in danger of significant flooding due to rapid snowmelt in March. Its report stated the risk for significant snowmelt flooding is […] Read more
Richardson buys Peace-region input retailer
Grain handler Richardson Pioneer has moved to shore up its presence in northern Alberta’s crop input market with a deal for a Peace-region dealership. Winnipeg-based Richardson announced Wednesday it has bought Agland Seed and Chemical at La Crete, Alta., about 320 km north of Peace River. The deal, which closed Tuesday, will see all of […] Read more
Buhler cutting overhead to boost margins
Tractor and farm equipment maker Buhler Industries has added financing from its majority owner to a regime of cost cuts in a bid to lift its quarterly results out of the red. Citing “depressed” sales due to “weak” commodity prices, the Winnipeg company on Thursday booked a net loss of $4.4 million on $57.3 million […] Read more
Ford recalls 1.48 million pickups over transmissions
Washington | Reuters — Ford Motor Co. said on Wednesday it was recalling about 1.48 million F-150 pickup trucks in North America due to a potential transmission downshift issue that could increase the risk of a crash. Ford said select 2011-2013 model year trucks with six-speed automatic transmission could experience an unintended downshift into first […] Read more