The owner of the Sobeys and Canada Safeway chains has a deal in place to buy southern Ontario grocery retailer Farm Boy, a well known patron of the region’s producers. In a deal still subject to review by the federal Competition Bureau, Empire Co. announced Monday it will pay $800 million for the grocery chain, […] Read more
Sobeys parent to buy fresh-food grocer Farm Boy
It’s not the patter, but the passion, for auctioneering ‘rock star’
Reading Time: 4 minutes He’s a natural. People are drawn to passions they seem to have an inborn inclination towards. With a little drive and determination, they can take an ability that comes easily and turn it into something special. Fellow auctioneers talk about Ryan Konynenbelt that way. The talented talker uses his skills on a daily basis at […] Read more
Animal health firm Elanco surges on trading debut
Reuters — Eli Lilly unit Elanco Animal Health’s shares jumped as much as 41 per cent on their stock market debut on Thursday, adding to investor enthusiasm for the fast-growing animal healthcare market. Elanco’s shares opened at $32.25 on the New York Stock Exchange, higher than their IPO price of $24 per share, giving the […] Read more
Tax relief offered to livestock producers short on feed
If you’re forced to sell breeding stock but planning to restock, you can defer taxes for a year
Reading Time: < 1 minute Twenty-one counties and municipal districts in Alberta are on the “initial list” of regions where livestock producers can defer taxes because of feed shortfalls. The federal government’s Livestock Tax Deferral Provision program allows producers to defer a portion of their 2018 sale proceeds of breeding livestock until 2019 to help replenish the herd. The cost […] Read more
World crop briefs: North Carolina losing crops, livestock to Florence
CNS Canada — Record-setting rain and floods in North Carolina caused by Hurricane Florence have destroyed the state’s poultry sector with 3.4 million chickens and turkeys reported killed. Pig losses are estimated at 5,500. Widespread power outages and flooded roads are making it difficult to get help to abandoned livestock operations. The state is home […] Read more
Trump to slap more tariffs on Chinese goods
Washington | Reuters | Updated Sept. 18, 2018 — U.S. President Donald Trump said on Monday he will impose 10 per cent U.S. tariffs on about US$200 billion worth of Chinese imports, but he spared smart watches from Apple and Fitbit and other consumer products such as bicycle helmets and baby car seats. Trump, in […] Read more
Don’t bug out: Giant fly larvae factory is coming to Alberta
High-protein insect meal is an easy — and sustainable — way to feed livestock
Reading Time: 3 minutes There’s an unassuming factory in Langley, B.C., where thousands of tonnes of premium protein are being produced every year using neither land nor water. Welcome to the world’s largest insect farm — and the future of food. Or, at least, the future of feed. And that future is coming to Alberta next year, when Enterra […] Read more
Ontario plugs holes in wildlife compensation plan
Ontario’s agriculture ministry has patched a glitch in its wildlife damage compensation program, in which farmers’ claims risked rejection over the validity of their farm business registrations. “We heard livestock farmers’ concerns with the program so we’re making the first changes effective immediately,” Agriculture Minister Ernie Hardeman said in a release Monday. “We’re also continuing […] Read more
Britain outlines post-Brexit farm policy in bill
London | Reuters –– Britain will introduce legislation on Wednesday for agricultural policy after it leaves the European Union that will link support for farmers to the provision of public benefits such as tackling climate change or preserving beautiful landscapes. The Agriculture Bill, primarily covering England, will provide the basis for policy in a sector […] Read more
Have you been affected by drought?
Reading Time: < 1 minute Agriculture and Agri-Food Canada is currently collecting information on conditions and impact of the drought in Western Canada. It’s asking producers to take an online survey, which takes about three minutes to complete. “This information helps justify and document the necessity for programs such as Livestock Tax Deferral,” it said, adding the results will be […] Read more
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