CNS Canada — A tale of two markets is emerging in Alberta as feed users in the south take advantage of cheap corn trucked in from Manitoba, while users farther north pay higher prices. “As far as Red Deer north goes, it’s quite different than feedlot alley,” said Joseph Billett, general manager of Agfinity in […] Read more
Feed weekly outlook: Alberta prices see wide range
Brazilian antitrust agency approves Bayer-Monsanto tie-up
Brasilia | Reuters — Brazilian antitrust agency Cade on Wednesday approved Bayer’s proposed takeover of U.S. seeds company Monsanto without requiring further asset sales beyond a global proposal announced last October. Cade’s commissioners voted 4-2 in favour of the tie-up under an agreement, negotiated between the companies and global antitrust agencies, that included the sale […] Read more
Marijuana can only go on sale months after federal law passes
Ottawa | Reuters — Recreational marijuana in Canada will only go on sale a few months after it is legalized later this year because the new retail system needs time to start working properly, Health Minister Ginette Petitpas Taylor said Tuesday. The Liberal government says the new law must be in place by July 1 […] Read more
U.S. grains: Wheat lower on technicals, better weather
Chicago | Reuters — U.S. wheat futures fell to a one-week low on Monday on technical selling and an improving weather outlook, including beneficial moisture in parts of the Midwest winter wheat belt, analysts said. Soybean futures set a two-week low on forecasts for much-needed moisture in parts of Argentina, and corn sagged as well. […] Read more
With sorghum warning shot, Beijing targets Trump’s core farm base
Beijing | Reuters — In launching a probe into U.S. sorghum imports, China has fired a warning shot across its top trading partner’s bow that shows farmers in states that voted for U.S. President Donald Trump may be Beijing’s top retaliatory target in the event of a trade war. On Sunday, the Ministry of Commerce […] Read more
Le Bulletin marks 100th anniversary
Canada’s oldest francophone farm publication on Friday marked its 100th birthday with an updated look and a new theme for the year. Le Bulletin des agriculteurs — now owned and published by Glacier FarmMedia, operator of this website — recently released its January 2018 issue under the theme “100 ans et tourne vers l’avenir” (100 […] Read more
Moving freight to get more expensive for food companies
Reuters — U.S. food companies called out rising freight costs as a reason for lower profit margins in the holiday quarter, with more pain seen in 2018 as a dearth of drivers and higher diesel prices make it even more expensive to transport products to stores. Hershey, Mondelez International, J.M. Smucker and Campbell Soup said […] Read more
Ontario pot firm Aphria selling U.S. stake
Reuters — Ontario marijuana company Aphria said on Friday it agreed to sell its minority stake in U.S.-based Copperstate Farms to Liberty Health Sciences for $20 million. Boards of Aphria and Liberty have unanimously approved the deal, which is expected to close in the second quarter. Aphria has been looking to hive off its business […] Read more
This ain’t your grandad’s conservation easement
Easements are changing with the times, making it less restrictive for producers to protect their wetlands
Reading Time: 3 minutes Producers can find the right buyers for their marginal lands — if they know where to look. “There is a market out there now for some of these parcels of land that producers might have a hard time off-loading because they’re wet,” said Warren Robb, provincial policy specialist at Ducks Unlimited Canada. And his organization […] Read more
DowDuPont upbeat on growth as sales rise
Reuters — U.S. chemicals producer DowDuPont reported a 14 per cent rise in net sales for the fourth quarter and beat Wall Street profit estimates as a strong global economy led to robust demand and higher prices for its products. The newly-combined company, formed by the merger of chemical giants Dow Chemical and DuPont four […] Read more