MarketsFarm — Benchmark crude oil prices plummeted 30 per cent on Monday, after a price war erupted between Saudi Arabia and Russia. While that will mean lower prices at the pumps for consumers, the price war will not bode well for the Canadian economy, according to a pair of industry experts. “We already had the […] Read more
Oil price war spells bad news for Canada, global market
Diesel prices expected to trend lower
MarketsFarm — Canadian producers may enjoy a lower diesel bill during spring seeding, as reductions in demand have weighed on diesel prices across North America. Patrick DeHaan, head of petroleum analysis for GasBuddy, said retail diesel prices are down by about 10 to 15 cents per litre since the beginning of the year. The drop […] Read more
Digital supercluster backs precision fungicide development
Project aims at wheat leaf rust, reducing pesticide load
A West Coast ag tech company in the crop pest control business is setting its sights on wheat leaf rust, with support from one of Canada’s five research superclusters — but not the cluster you might expect. Out of the five federally-supported superclusters launched in early 2018, Protein Industries Canada has been most closely linked […] Read more
Fendt takes (out) the wheel on new combines
Agco says it's first of majors to offer joystick steering
Agco has officially declared itself to be the first major farm equipment player to put joystick steering in a combine. The ag equipment manufacturer unveiled IdealDrive on Thursday during the Commodity Classic in San Antonio, billing the new steering system for its Fendt Ideal combines as “the first joystick steering system on a combine from […] Read more
NYC equity firm to buy Xplornet
New investment expected to speed up rural broadband rollouts
A Manhattan private equity firm deep in “middle-market infrastructure” has committed to buy, and help improve service from, Canada’s single biggest rural broadband provider. New Brunswick-based, privately held Xplornet Communications announced Thursday it has signed a deal to sell majority control itself to Stonepeak Infrastructure Partners. The two companies’ announcement didn’t put a dollar figure […] Read more
Deere taps tractor-hailing tech in bid to break ground in Africa
Low incomes, lack of credit hobble African mechanization
Nanyuki, Kenya/Johannesburg | Reuters — It’s ride-hailing, farm style. Deere and Co. is teaming up with the “Uber of tractors” in Africa and betting on a future where farmers summon machines with the touch of a button. The world’s leading farm equipment maker is outfitting its tractors with startup Hello Tractor’s technology, which allows farmers […] Read more
Tile drainpipe supplier AccuPipe changes hands
Pipe manufacturer back with previous Manitoba owner
Winkler drain tile manufacturer AccuPipe is back with its previous owners after a six-year stint under U.S. management. Precision Land Solutions (PLS) announced Friday it has bought the AccuPipe business — which makes HDPE tubing for the farm, commercial and construction tile drainage markets — from Minnesota-based manufacturer Prinsco for an undisclosed sum. AccuPipe had […] Read more
Garneau re-adjusts train speed limits
New limits in place for 'key trains' with dangerous goods
Having cut speed limits for trains hauling dangerous goods following a fiery derailment earlier this month, federal Transport Minister Marc Garneau is adjusting those limits for a “more targeted” approach. Garneau announced Sunday he has pulled his Feb. 6 ministerial order on speed limits and replaced it with a new one affecting so-called “key trains” […] Read more
Xplornet buys Ontario’s Silo Wireless
Deal includes rural wireless, fibre services
Canada’s biggest rural broadband company has expanded its space in the southwestern Ontario market by buying internet and fibre-to-home provider Silo Wireless. New Brunswick-based Xplornet Communications, whose client list already includes over a million rural customers in all provinces, announced it has closed its deal to buy Silo for an undisclosed sum. The deal gives […] Read more
Subsidy for grain dryer upgrades in Alberta draws critics
Concerns are being raised over a new program for grain drying being offered to Alberta residents. The federal and Alberta governments recently announced Alberta farmers seeking to make grain dryer improvements will have access to funding through the Canadian Agricultural Partnership. The Efficient Grain Dryer Program aims to cover costs for energy efficiency improvements to […] Read more
