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Machinery & Shop, Reuters

CNH Industrial guides for revenue fall up to 20 per cent

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Milan | Reuters – Vehicle and equipment maker CNH Industrial posted a narrower-than-expected second quarter loss on Thursday and forecast net sales from industrial activities would fall between 15-20 percent this year, as a consequence of the COIVD-19 epidemic. In March the group, which is controlled by Exor, the holding company of Italy’s Agnelli family, […] Read more
Markets, Reuters

Bunge raises outlook as agribusiness profits beat Wall Street estimates

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Reuters – Agricultural commodities trader Bunge Ltd on Wednesday raised its full-year outlook after its second-quarter profit handily beat Wall Street estimates, sending shares up more than 5 percent in premarket trading. Despite a worsening coronavirus pandemic that has rattled global markets, strong soy processing margins in South America, Europe and Asia and accelerated crop […] Read more
The yodelling young cowboy in this Burger King ad has a catchy tune, but one of Canada’s leading beef researchers says its claim of reduced methane emissions from feeding lemongrass to cows is “highly unlikely” to be true.
Beef Cattle, News

A whopper of a different sort?

Burger King unveils splashy new campaign built around lemongrass, and not much science, says expert

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The yodelling young cowboy is pretty good, but don’t take it for gospel when Burger King’s newest pitchman warbles that “the scientists have proven that it works.” The American burger chain recently launched (in a few U.S. cities) the Reduced Methane Emissions Beef Whopper. Burger King says it “teamed up” with “top-level” scientists from the […] Read more
The redeveloped Exhibition Park in Lethbridge will include a ‘festival lawn’ on its south side. While large events can’t take place during the pandemic, the project is an example of building for the future, the government said.
News

Exhibition Park gets provincial funding for redevelopment

Province is putting nearly $28 million into ‘an agri-food hub’ in Lethbridge facility

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As part of its economic recovery plan, the Alberta government will put $27.8 million into “an agri-food hub” at Exhibition Park in Lethbridge. The agri-food hub is part of the centre’s larger redevelopment project, and “will serve as an anchor for growth of Alberta’s value-added food sector,” the government said. “This project will bring a […] Read more
General, Reuters

Feds proposing to expand wage subsidy program

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Ottawa | Reuters — The Canadian government wants to expand an emergency wage subsidy program so that all businesses suffering losses from the COVID-19 outbreak will benefit, Finance Minister Bill Morneau said on Friday. Morneau told a news conference that Ottawa would drop an earlier requirement stipulating that businesses needed to show a 30 per […] Read more
Evert Beyer and wife Jannie (not pictured) emigrated from the Netherlands in 1994 and began dairy farming six years later. The family still milks cows but cheese making and retailing have become a major part of the family enterprise, which includes (from left) siblings Jocelyn, Harvey and Jacco (with sales manager Chad Carbno on the right). Another son, Theo, helps run the dairy farm.
News

Retail proves a lifeline for Alberta cheese-making family

The pandemic has been a boon for local food — something they know well at Crystal Springs Cheese

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Retail wasn’t in the plans when Evert and Jannie Beyer went into the cheese-making business. But when the pandemic struck, it proved to be a lifeline. The couple emigrated from the Netherlands in 1994 and began milking cows in 2000. They took over Crystal Springs Cheese in 2005, moving the business from Bluffton to a […] Read more
News

Agriculture can lead Alberta out of pandemic woes, say leaders

Blue ribbon panel offers six-point action plan to make sector a driver of provincial growth

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Agriculture could be a driver of growth in Alberta and offers “mountains of opportunities for growth, investment and jobs,” says a report from a high-profile panel of ag sector players. The panel was one part of a wider group of experts and business leaders asked by Premier Jason Kenney to make recommendations on how to […] Read more

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