The Australian owner of Canada’s biggest malt company plans to spin it off, along with its other worldwide malting assets, into a new stand-alone malt industry player. Sydney-based GrainCorp announced Thursday it plans to “demerge” its global malting business from its grains and edible oils business, forming two separate ASX-listed companies: MaltCo and “New GrainCorp.” […] Read more
Canada Malting to join GrainCorp’s global malting spinoff
Rising diesel prices coming
MarketsFarm — Higher diesel prices are on the horizon for Canada and the U.S. in 2019. GasBuddy.com senior petroleum analyst Dan McTeague pointed to an increase in overall demand, combined with a slowdown in heavy oil production and the federal carbon tax as well as pending IMO 2020 regulations — that is, the International Marine […] Read more
‘Impossible’ meatless patty gets Burger King Whopper test
Reuters — Vegetarian burgers may finally be getting the recognition they need to go mainstream in the U.S. On Monday Burger King and Silicon Valley startup Impossible Foods announced the rollout of the Impossible Whopper in 59 stores in and around St. Louis, Missouri. To mark the launch on April Fool’s Day, the burger giant […] Read more
DowDuPont completes spinoff of materials science unit
Reuters — DowDuPont said Monday it had completed the spinoff of its materials science division as part of a plan to split the chemical producer into three separate units. Shares of the new division, Dow, will begin trading on the New York Stock Exchange on Tuesday. Dow and Dupont completed a US$130 billion merger in […] Read more
U.S. jury says Bayer must pay $80 million to man in Roundup cancer trial
San Francisco/New York | Reuters –– A U.S. jury on Wednesday awarded US$80 million to a man who claimed his use of Bayer’s glyphosate-based herbicide Roundup caused his cancer, in the latest legal setback for the company facing thousands of similar lawsuits. The jury in San Francisco federal court said the company was liable for […] Read more
Grain handler G3 to further expand Alberta footprint
Having started 2018 with zero grain elevators in the Alberta market, grain handler G3 expects to soon have five in progress. The Winnipeg company announced Wednesday it plans to start construction by this summer, pending regulatory approvals, on a pair of 42,000-tonne capacity elevators in the province, near Stettler and Irricana, for completion in 2020. […] Read more
Updated version of CropChoice$ now available
Program offers profit scenarios for a variety of crops by using different yields and prices
Reading Time: 2 minutes The crop planning and risk management software program CropChoice$ has been updated with current crop insurance information from Agricultural Financial Services Corporation along with projected crop costs. “Producers can also adjust individual crop costs and evaluate the effects that different risk management strategies will have on their operation — such as purchasing crop insurance and […] Read more
Alberta producer creates an ‘Expedia for grain prices’
Farmbucks compares grain prices on offer from buyers in Western Canada
Reading Time: 2 minutes Lynn Dargis was fed up trying to compare grain prices last winter. A busy farmer with a 4,400-acre grain operation, 2,000-head feedlot, and three small children, Dargis didn’t always have time to log into each grain buyer’s website to find the best prices. But she also knew she couldn’t afford to leave money on the […] Read more
How much fertilizer do you need to apply?
Agronomy research scientist offers his tips for planning your applications this spring
Reading Time: 2 minutes Soil tests are still the best way to determine your fertilizer requirements for spring. “We can determine where we’re starting from as far as the nitrate that is present in the soil and what’s there for the plant at the start of the year,” said agronomy research scientist Doon Pauly. “Phosphorus, potassium, and salinity don’t […] Read more
Grain trade regional tie-ups seen more likely over mega-deals
Paris | Reuters — The agricultural trading industry can expect more consolidation at a regional level in an effort to improve margins, but big deals between global merchants are becoming more difficult, Louis Dreyfus’ CEO said. Merchants have been grappling with lower profits from sourcing and shipping commodities such as grain and oilseeds, prompting cutbacks […] Read more
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