New Holland has announced it will launch its methane-powered tractors in Europe this year, and North America won't be far behind. Mark Lowery, the company's commercial marketing director, says U.S. and Canadian farmers can expect to see test and demonstration T6 model methane tractors later in 2021, with the first commercial sales targeted for late... Read More
Category: Ag Business
Ag Growth International (AGI) has signed a partnership agreement with grain software technology company Bushel. Bushel provides customers with software solutions, including the automation of weigh scale tickets issued by grain elevators. The Bushel platform can also automate contracts and settlements required to complete grain sales. President and CEO of AGI, Tim Close, says that... Read More
Protein Industries Canada (PIC) announced a co-investment into pea, canola, and blended pea-canola protein ingredients in new plant-based products. Merit Functional Foods, TWC Nutrition, Daiya Foods, and Grand River Foods are partnering to product the new plant-based products, which could include alternative meat products, alternative dairy products, or other beverages. “Adding value to our crops... Read More
An important step forward was taken May 27 for the Canadian beef industry, as the World Organization for Animal Health (OIE) recognized Canada as negligible risk for Bovine Spongiform encephalopathy (BSE). “The recommendation by the OIE’s Scientific Commission to grant Canada negligible risk status for BSE is a historic closing of the BSE era for... Read More
Syngenta Canada has decided to separate its seed and crop protection businesses as of June 1, 2021. The seed business will operate under the NK Seeds brand. “As a customer-focused organization, we regularly review our operations to ensure we are positioned for growth and evolving to meet the needs of the customer and industry. With... Read More
A recent study by Farm Management Canada found that 63 per cent of Canada's producers say they understand and can use financial information for decision-making purposes. Further, producers who have a financial plan and use their financial information to inform decision-making were found to increase their profitability by up to 525 per cent, according to... Read More
U.S. Governor Gretchen Whitmer ordered Enbridge to cap Line 5 by Wednesday, May 12, which would starve Ontario, Quebec, and parts of the north central U.S. of about 50 per cent of their energy supply. Enbridge has refused the governor's directive and continues to operate. Ashley Davenport of Michigan Ag Today recently joined Shaun Haney... Read More
Canadian National Railway (CN Rail) appears to have come from behind and taken the lead in the race with Canadian Pacific Railway (CP Rail) to merge with Kansas City Southern to form the first rail freight network to link Canada, the U.S., and Mexico. CN announced Thursday that it has revised its offer to merge... Read More
The AVAC Group, a multi-faceted venture capital firm has launched a $15 million venture capital fund, Carrot Ventures. Financial backing for the fund comes from AVAC and Farm Credit Canada, with the goal to offer holders of ag tech intellectual property (IP) a novel option to commercialize their IP, and to offer syndicating AgTech investors... Read More
April monthly tractor and combine sales were positive across all segments in Canada, according to the Association of Equipment Manufacturer's (AEM) latest numbers. April monthly sales in the 4WD segment nearly doubled, up 93.3 percent to 201 units sold, while total farm tractor monthly sales were up 72.3 percent to 3,671 units sold. Self-propelled combines... Read More