New York | Reuters — Prima, a private-equity backed farmer that is the largest producer of peaches and other stone fruit in North America, filed for Chapter 11 bankruptcy protection in Delaware on Friday. The company, owned by private equity firm Paine Schwartz Partners, has about $679 million in debt, and plans to sell its […] Read more
Major U.S. peach producer files for bankruptcy to pursue sale
Setbacks have included salmonella, fires, heavy debts
P.E.I. potato growers, CFIA to draft plan for ‘pest-free places’
Plan would support movement of seed potatoes, feds say
A system of “pest-free places of production” (PFPP) is now on the drawing board for Prince Edward Island’s potato sector, following a meeting between federal and industry officials. Federal Agriculture Minister and P.E.I. MP Lawrence MacAulay on Friday reported meeting with staff and representatives of the P.E.I. Potato Board, to discuss next steps in the […] Read more
Orange juice prices near all-time high as storm hits Florida
Crop was already expected to be small
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
Australian wine industry faces hangover from China’s tariffs
Over two billion litres of wine in storage
Sydney | Reuters — Australia’s wine industry faces severe oversupply problems that will need years to resolve, experts say, pointing to Chinese tariffs, high production and export bottlenecks during the COVID-19 pandemic. Vineyards nationwide have enough wine in domestic storage to fill 859 Olympic swimming pools, Rabobank said this week in its third-quarter wine report. […] Read more
Alberta potatoes chip in $2.9 billion for Canadian economy
New report verifies what many in industry suspected
Alberta’s potato industry is making a big impact — not just on that province but the entire country. A new report — dubbed a “landmark study” by the Potato Growers of Alberta — revealed the sector drove a total contribution of $2.87 billion to Canada’s economy in 2022. It also notes the nationwide creation of […] Read more
Global wine trade hits record-high value but volumes fall
Canada 27th in production, sixth in imports
Paris | Reuters — The global wine trade reached record-high value last year, supported by a sharp rise in prices, but the amount of wine sold fell due to weaker demand and logistical problems, an industry body said. The International Organisation for Vine and Wine (OIV) said on Thursday that global wine exports in 2022 […] Read more
Potato wart survey gives clean bill of health
Fields across Canada with a history of getting seed potatoes from P.E.I. tested negative
A national survey on the watch for potato wart has come back clean. On March 13, the Canadian Food Inspection Agency (CFIA) said results from their 2022 potato wart survey had not found any cases of the soil-borne fungus. The agency had tested nearly 1,500 soil samples from fields in British Columbia, the three Prairie […] Read more
McCain to double Alberta french fry plant capacity
Lethbridge-area plant to more than double staff count
Alberta’s plans to boost its irrigated acres are being met near the starting line with a major french fry producer’s plans to double the capacity of its plant there. McCain Foods announced Monday it will put up $600 million to build two new production lines for frozen french fries and potato specialty goods at its […] Read more
Canada’s potato crop edges up in 2022
Alberta up into top spot among potato-producing provinces
MarketsFarm — Statistics Canada (StatCan) issued its potato production report Thursday, which noted a 1.5 per cent increase in the country’s crop in 2022. Across Canada, nearly 122.9 million hundredweight (cwt) of potatoes were harvested last year, with an average national yield of 322.3 cwt/acre on 381,351 acres. Alberta rose from third into the top […] Read more
Potato storage research to get boost
A federal-provincial investment goes to improve an existing storage facility at the University of Manitoba
Manitoba’s potato research landscape is getting a funding injection to improve infrastructure. The governments of Canada and Manitoba are investing $98,970 through the Canadian Agricultural Partnership to upgrade the University of Manitoba’s horticulture storage facility so it can conduct potato research. Federal Agriculture Minister Marie-Claude Bibeau and provincial Agriculture Minister Derek Johnson made the announcement […] Read more
Cyber-Savvy Farmer
