CNS Canada — Fababean prices in Western Canada have seen a boost lately due to global production problems, but according to a buyer this is a temporary situation. “Over the last 45 days we’ve saw this market spike, we’ll call it a buck a bushel that we’ve seen that increase from where we would typically […] Read more
Pulse weekly outlook: Prairie fababeans spike on global production issues
Gardiner Dam Terminal set to go full Viterra
The farmers who own half of central Saskatchewan’s Gardiner Dam Terminal have reached a deal to sell their half to their business partner and wind up the company. Glencore Agriculture’s Viterra arm announced Friday it will buy the half of GDT it doesn’t already own and take over operation of the GDT inland grain terminal […] Read more
U.S. judge orders next glyphosate cancer trial for March
Reuters — A California judge on Thursday granted an expedited trial for March in the case of a couple suffering from cancer who sued Bayer’s Monsanto unit, alleging the company’s glyphosate-containing herbicide Roundup caused their disease. The order by Superior Court Judge Ioana Petrou in Oakland, Calif. comes on the heels of a $289 million […] Read more
La Coop federee’s Ontario grain play cleared
La Coop federee’s plans to expand into southern Ontario’s grain handling and crop input retail sectors are now down by four retail sites. The federal Competition Bureau said Tuesday it has an agreement in place for its approval of a deal which will see Cargill’s Ontario grain and ag retail outlets and its joint-venture stake […] Read more
Pot firm Canopy’s loss widens as spending surges
Reuters — Canadian cannabis producer Canopy Growth posted a bigger-than-expected quarterly net loss on Wednesday as it ramped up spending in the run up to the legalization of recreational use of pot in mid-October, sending its shares down nine per cent. Marijuana companies in Canada have been pouring cash into their businesses to both fend […] Read more
Self-checking field health mapping system launched
The farmer’s job of poring over satellite field maps looking for disease, weed and insect trouble is about to go automatic. Winnipeg-based digital ag consulting firm Farmers Edge recently released Health Change Maps and Notifications, a new function that automatically scans the company’s daily satellite imagery and alerts growers of any changes in field health […] Read more
La Coop federee to rebrand agribusiness arm
Crop and livestock producers dealing with the agribusiness division of Quebec’s La Coop federee can expect to see a new name in the game early next year. La Coop announced Sept. 25 it will change the name of the division — which today operates under the Elite and La Coop brand names — to Sollio […] Read more
U.S. pot firm Curaleaf to triple planned equity offering
Toronto | Reuters – U.S. cannabis retailer Curaleaf Holdings Inc is raising about $400 million, almost three times its original target, in Toronto, in a deal that would value the company at close to $4 billion, people familiar with the situation told Reuters. The move by the Wakefield, Massachusetts-based company, which also owns cannabis cultivation […] Read more
CAQ taps businessman as Quebec’s new ag minister
Quebec’s new governing party has turned to one of its more experienced MNAs to handle the farm file. Premier Francois Legault on Thursday named Andre Lamontagne, a businessman and former supermarket owner and the MNA for the southwestern riding of Johnson, as his minister of agriculture, fisheries and food, and as minister responsible for the […] Read more
Sober start as recreational marijuana becomes legal in Canada
Toronto/Vancouver | Reuters — Canada became the first industrialized nation to legalize recreational cannabis on Wednesday, but a lawful buzz will be hard to come by in its biggest cities like Toronto and Vancouver, where stores are not yet open. The day was historic for the country as Canadian adults can now legally smoke recreational […] Read more