assets Archives | Alberta Farmer Express

Ag sector growth will take investments in skills, tech now: RBC

By GFM Staff August 28, 2019

One of Canada’s big six banks bets the agriculture sector’s gross domestic product could rise by nearly 60 per cent over the next decade if it were to have enough people, capital and access to new technology where ag lives. A report released by RBC on Tuesday titled “Farmer 4.0” estimates Canadian ag GDP could […] Read more

General, Markets

Ag balance sheet points to stable farm economy

By Terry Fries June 20, 2018

CNS Canada — Canadian farmers saw their farm equity climb almost seven per cent last year compared to the year before — and Farm Credit Canada’s principal agricultural economist said that falls in line with FCC’s analysis. Data released by Statistics Canada on Wednesday showed 2017 farm equity climbed to $535.3 billion, up $34.6 billion […] Read more

Crops, Reuters

Bayer cuts Monsanto synergy target on divestments

By Patricia Weiss May 25, 2018

Bonn | Reuters — Bayer said positive synergy effects from the planned takeover of U.S. seeds and chemical firm Monsanto would be about US$300 million below its previous target because it will sell more businesses than initially expected to get antitrust approval. Bayer CEO Werner Baumann again threw his weight behind the deal, despite higher […] Read more

Crops, Markets, Reuters

ADM in talks to buy Bunge as early as this week

By Reuters February 5, 2018

Reuters — Top U.S. grains merchant Archer Daniels Midland could reach an agreement to buy smaller rival Bunge as early as this week, Bloomberg reported on Monday, citing unnamed sources familiar with the matter. The potential deal comes as large grain traders that make money by buying, selling, storing and shipping commodity crops have struggled […] Read more

Canola, Crops, Machinery & Shop

Canola biodiesel processor in receivership

By Staff February 2, 2018

An eastern Saskatchewan biodiesel processor using growers’ heated, green, spring-harvested, tough and otherwise off-spec canola for feedstock is in receivership. Saskatchewan Court of Queen’s Bench on Thursday appointed Calgary-based insolvency trustee Hardie and Kelly as the receiver for Milligan Biofuels, which operates at Foam Lake, about 90 km northwest of Yorkton. Alberta’s Crown lending agency […] Read more

General, Markets

Ag sector equity rises in 2016

By MarketsFarm Team June 21, 2017

CNS Canada –– Agriculture sector equity rose slightly in 2016, according to a Statistics Canada balance sheet on the industry. Farm sector equity totaled $500.3 billion for the year ending Dec. 31. That’s a 4.5 per cent increase, or $21.6 billion, from the same period a year ago, according to the report released Wednesday. Farm […] Read more

Debtors must be aware of the options available to lenders in case of default or demand, Alberta Agriculture warns.

News

Read before signing the loan agreement, says expert

By Alberta Agriculture and Forestry May 17, 2016

Agriculture is a capital-intensive business, and farmers often enter into financial agreements with lenders with the assets purchased with the loan used as security. “Unfortunately, farm business managers can fall into a pattern of simply signing documents, and not reviewing all the conditions thoroughly,” said Rick Dehod, agriculture farm financial specialist with Alberta Agriculture and […] Read more

Soybean cyst nematode confirmed in Manitoba

Safety advocates sound alarm over new U.S. hog slaughter rules

Tim Hortons retreats from Beyond

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