Washington | Reuters — Charred remains of a flatbread baked about 14,500 years ago in a stone fireplace at a site in northeastern Jordan have given researchers a delectable surprise: people began making bread, a vital staple food, millennia before they developed agriculture. No matter how you slice it, the discovery detailed on Monday shows […] Read more
World’s oldest bread found at prehistoric site in Jordan
Forecaster sees 65 per cent chance of El Nino emerging in fall
Reuters — Chances of the emergence of the El Nino weather pattern have increased to 65 per cent during the fall and 70 per cent during winter 2018-19, a U.S. government weather forecaster said on Thursday. The last El Nino, a pattern that brings a warming of ocean surface temperatures in the eastern and central […] Read more
Crop conditions slide as soil moisture dwindles in some areas
Alberta crop conditions as of July 10, 2018
Reading Time: 2 minutes Precipitation over the past month has been very spotty across the province, resulting in variable soil moisture reserves and crop conditions. Crop condition ratings are down from a week ago for all regions, but still higher than the short and long term averages in the North East, North West and Peace Regions. For the Southern […] Read more
U.S. EPA scraps plan to force refiners to blend more biofuels
New York | Reuters — The U.S. Environmental Protection Agency ditched a detailed plan that would have forced refiners to blend more biofuels into their gasoline and diesel in 2019 to compensate for volumes likely to be exempted under the agency’s small refinery hardship waiver program, according to newly released EPA documents. The plan would […] Read more
Consider hedging against rate hikes, farmers advised
CNS Canada — The Bank of Canada has raised its benchmark interest rate to 1.5 per cent, marking the fourth time it has raised rates since last summer. The increase from 1.25 per cent is the base rate retail banks pay for short-term loans, but consumer rates for mortgages, lines of credit and other loans […] Read more
Canopy Growth to buy Tokyo Smoke owner Hiku Brands
Reuters — Ontario’s Canopy Growth Corp. is buying Toyko Smoke cannabis owner Hiku Brands Co. Ltd. for $269.2 million, the latest deal in a fast-consolidating sector ahead of legal recreational marijuana sales. Smiths Falls-based Canopy Growth on Tuesday offered 0.046 of its shares, or $1.91 per share, for each Hiku share held, a premium of […] Read more
J.M. Smucker to sell U.S. baking brands
Reuters — J.M. Smucker Co. said on Monday it would sell its U.S. baking business, which includes brands such as Pillsbury, Martha White and Hungry Jack, to private equity firm Brynwood Partners for US$375 million. The deal includes a manufacturing facility in Toledo, Ohio, but excludes the baking business in Canada, the company said. “The […] Read more
Farm income grew strongly in 2017
Reading Time: < 1 minute Several farm income records were set in Alberta last year, says an Alberta Agriculture statistician. Farm cash receipts were $14.1 billion, the first time they have exceeded $14 billion, said Roy Larsen. Crop market receipts were also a new record, up 3.9 per cent to $6.9 billion. “The growth in receipts was largely driven by […] Read more
Nestle, Hershey at odds with farmers over U.S. GMO labeling
New York | Reuters –– The world’s top food companies and farmers of crops such as beet sugar are pitted against each other as they lobby the U.S. government over plans to label genetically engineered ingredients. At the heart of the issue is transparency over ingredients used in food. Packaged foods makers are facing flagging […] Read more
Trade uncertainty hitting canary seed markets
CNS Canada — July is usually when Canadian canary seed prices weaken as producers dump unsold product onto the market — but this year that might not happen as trade uncertainty around the world affects the markets. “We tend to see weakness in July and then strength in the fall, but I don’t know if […] Read more
Cyber-Savvy Farmer
