Ceres Global Ag Corp. has suspended plans to build a canola crush plant and refinery along the Canada-U.S. border at Northgate, Saskatchewan. The publicly-traded company says it has decided to halt the project "due to a variety of factors, including but not limited to, inflationary pressures resulting in higher costs than initially projected and shifting... Read More
Category: Ag Business
BASF says it is investigating an issue with the performance of some InVigor canola seed in Western Canada. The company issued a statement on Thursday saying it "has been made aware that certain InVigor canola hybrids may be experiencing slow emergence in select geographies..." "We have a dedicated team examining possible contributing factors," the company... Read More
The Provincial Disaster Assistance Program (PDAP) has adjusted the eligibility requirements to now include producers who gross more than $2 million per annum. The previous requirements capped the small business parameters at $2 million, which left many cattle producers ineligible to recover losses sustained this spring after a string of severe weather events. The program... Read More
CLAAS has set its sights on the needs of small- and mid-sized farms as it rolls out a new tractor and combine designed to bring performance, innovation and value to these operations across North America. Later this summer, farmers will get their first look at the Trion 740 Class 7 combine as well as the... Read More
Discussions are underway on whether or not a new beef packing facility would be viable in Saskatchewan. The industry has sustained healthy margins over the past two-and-a-half years and with Saskatchewan being the literal breeding ground for upwards of one million cows, it's no wonder the province is up for consideration. Saskatchewan Stock Growers Association... Read More
From drought conditions, poor market prices, high input costs, and on-going costs for health maintenance, many western Canadian cattle producers are starting to question how much longer they can stay afloat. Some producers who are in drought-ridden areas are looking at selling off a portion of their herd out of necessity as their pastureland can... Read More
Amendments have recently been made to Saskatchewan's Provincial Sales Tax (PST) exemptions which could positively affect farmers. The changes come after the government says they've discovered PST was being inconsistently applied to certain items including farming equipment. "The changes to the PST regulations will be more equitable, consistent and protect farmers against perceived 'PST creep'... Read More
The board of Farmers Edge has announced its choice for the new chief executive officer for the company. Vibhore Arora will replace company founder and long-time CEO Wade Barnes, effective June 6, 2022. Arora comes to the ag tech company from Amazon Canada. Prior to that, he held senior positions in the information technology and... Read More
Although we've experienced dips in market pricing, there are good reasons to be cautiously optimistic about where commodity prices are for now, unless we see some significant changes in the local and global landscape. There are many factors that are currently affecting commodity markets. First and foremost is the ever-unfolding situation between Russia and Ukraine.... Read More
Canadian beef producers who are certified through the Canadian Roundtable for Sustainable Beef (CRSB), are now eligible to receive an incentive payment from Farm Credit Canada (FCC) of up to $2,000. Curtis Granger, director of lending products and sustainability programs with FCC, says the main motivation behind the incentive payment is to increase certification for... Read More