New York | Reuters — Orange juice prices at the Intercontinental Exchange (ICE) rose more than three per cent on Wednesday, heading back toward an all-time high hit earlier this month, as storm Idalia slammed parts of main U.S. orange producer Florida. Contracts for frozen concentrated orange juice (FCOJ) at ICE hit a high of […] Read more
Orange juice prices near all-time high as storm hits Florida
Crop was already expected to be small
Prairie Forecast: Mostly sunny and warm
Issued Aug. 30, covering Aug. 30 to Sept. 6
It’s a straightforward forecast for this period as the general weather pattern looks to be pretty quiet. It starts with a large area of high pressure centred over the Great Lakes with a weak area of low pressure over Alberta. The Great Lakes high will put sunny skies and warm temperatures over much of Manitoba […] Read more
Palmer amaranth pops back up in Ontario
Weed infamous in U.S. for multiple herbicide resistances
A single plant that showed up this summer on the edge of a southwestern Ontario cornfield is cause for concern among Canadian farmers, weed specialists warn. Writing Monday in the ag ministry’s Field Crop News, Ontario provincial weed management specialist Mike Cowbrough said the plant in question, found in Wellington County, is confirmed as palmer […] Read more
Deal for Subway chain worth up to US$9.55 billion
Arby's, Jimmy John's parent wins with 'earn-out' deal
New York | Reuters — Private equity firm Roark Capital agreed on Thursday to buy Subway, in a deal that people familiar with the matter said values the U.S. sandwich chain at up to US$9.55 billion, including debt, subject to targets in its financial performance. The deal marks the conclusion of a drawn-out auction that […] Read more
Climate change made Quebec wildfires twice as likely, scientists say
Early snow disappearance led to earlier fires
London | Reuters — The fires that tore through the province of Quebec between May and July were made at least twice as likely by climate change, scientists said on Tuesday. Climate change, driven by the burning of fossil fuels, also made the fires as much as 50 per cent more intense, according to the […] Read more
Subway reportedly nears sale to Arby’s owner
Chain's parent firm considering sale since February
Reuters — Roark Capital, which owns restaurant chains Arby’s and Buffalo Wild Wings, is nearing a deal to buy sandwich chain Subway for about US$9.6 billion, the Wall Street Journal reported Monday. A deal could be finalized this week, the report said, citing people familiar with the matter. “Subway does not intend to make any […] Read more
Prairie Forecast Update: Southern areas may get Hilary’s leftovers
Issued Aug. 20, covering Aug. 20-23
An interesting weather pattern is currently in place across western North America with Tropical Storm Hilary taking an unusual northerly track as it comes in off the Pacific Ocean south of California. Tropical storms or hurricanes in that region normally do one of two things: they either recurve back out into the Pacific, or move […] Read more
B.C. wildfires intensify, evacuation orders double
Rain helping slow fires near Yellowknife
Kelowna | Reuters — Forest fires in British Columbia intensified on Saturday, with the number of people under evacuation orders doubling from a day earlier, as authorities warned of difficult days ahead. The province declared a state of emergency on Friday to access temporary authoritative powers to tackle fire-related risks, as out-of-control fires ripped through […] Read more
Pilot plan to cut red tape for reliable TFW employers
Farm employers can apply starting next month
Canada’s temporary foreign worker (TFW) program is set to give farms a head start in an express lane expected to cut the annual paperwork for that program’s most “trusted employers.” Federal Employment and Workforce Development Minister Randy Boissonault last week launched a three-year pilot meant to “help to address labour shortages and reduce the administrative […] Read more
Prairie Forecast: Upper ridge to bring the heat
Issued Aug. 16, covering Aug. 16-23
After going through a couple of weeks of tough forecasting, with little agreement among the weather models, this forecast period is looking a little more stable with the two main weather models for our region in basic agreement. We start off this forecast with a low over Manitoba that is quickly moving east. To the […] Read more
Cyber-Savvy Farmer
