U.S. cattle futures extended gains on Wednesday as traders adjusted positions after steep losses last week and ahead of monthly supply data due on Friday.
U.S. livestock: CME cattle futures extend gains, await U.S. data
Fund liquidation and technical selling seem exhausted after driving live cattle to Friday lows
Agritechnica update: Give a big shock to weeds
Farmers are being pushed to find an alternative to desiccants to burn down crops, as companies are increasingly leery of herbicides approved close to harvest. People have been shocking weeds with electricity for 100 years, but the return on the electricity invested and the technology required to do so safely haven’t always worked. Crop.zone is […] Read more
Agritechnica Day 1: Combine launches, giant power units
Agritechnica, the world’s largest farm machinery show is nothing like farm shows we see in North America. The equipment shines to a finer gleam, extreme care is paid to lighting – so much blue at New Holland, red at Case IH, green at John Deere and orange at Kubota. The show is huge – 27 […] Read more
Bayer’s crop marketing, crop production platforms in sync
FieldView, Combyne platforms now integrated
Combyne, the made-in-Canada grain marketing platform Bayer bought earlier this year, is now fully on speaking terms with the company’s Climate FieldView precision ag platform. Bayer on Oct. 30 announced integration of the two platforms, which it said will allow grain farmers in Canada and the U.S. to connect their marketing data in Combyne and […] Read more
Seaway workers ratify labour deal
Deal ended one-week strike on waterway
Unionized workers on the St. Lawrence Seaway in Ontario and Quebec have voted their approval of the agreement that brought them in off the picket line. Unifor, which represents about 360 Seaway workers across five locals in the two provinces, announced Thursday its members had voted to ratify a three-year agreement retroactive to April 1. […] Read more
CNH to move to NYSE single listing Jan. 2
Company also plans new US$1B share buyback
Milan | Reuters — Farm and construction equipment maker CNH Industrial said Tuesday its plan to abandon the Milan stock market and retain a single listing for its shares on the New York Stock Exchange would be effective from Jan. 2 next year. The Italian-American group, whose shares are currently traded both on the NYSE […] Read more
Canada to boost carbon tax rebate for rural areas
Will also pause carbon tax on home heating oil for three years
Ottawa | Reuters — Canadian Prime Minister Justin Trudeau on Thursday announced a three-year carbon tax exemption for home heating oil and higher carbon tax rebates for people in rural areas, measures he said were intended to bring relief amid soaring costs of living. Trudeau’s Liberal government has implemented a price on carbon to combat […] Read more
Robots may help grain farmers diversify
Tech could support labour-intensive higher-value crops
Chuck Baresich, who owns an agricultural robotics business in Ontario, says controlling weeds with robots is probably best suited for high-value, horticultural crops in Canada. However, large-scale grain farmers could also use the technology if they think about it differently. “Let’s say my brother and me are growing 1,500 acres of corn,” said Baresich, who […] Read more
Think outside the agriculture box for labour, ag and tech leaders say
Agriculture in the Classroom is reaching non-farming students with inspiration for ag jobs, panelists say
Ag and tech leaders encouraged employers to think outside the agricultural box when looking to hire workers in order to expand the labour pool. “I’m one of the lucky ones,” said Brenna Mahoney, general manager of Keystone Agricultural Producers (KAP). Mahoney entered the industry with no agriculture experience. She had training in human resources and […] Read more
Investment firm buys Saskatchewan drying system maker
EIC buys DryAir for $60 million
A Winnipeg investment firm with ownership stakes in Canadian manufacturing and airlines has bought a Saskatchewan company that makes heating and drying systems for grain growers and other sectors. Exchange Income Corp. (EIC) announced Oct. 5 it has bought DryAir Manufacturing of St. Brieux for about $60 million in cash and EIC stock. DryAir, in […] Read more
