The governments of Canada and Alberta are supporting the Alberta Hemp Alliance (AHA) with a one-time grant to establish a provincial industry association for hemp processing. The AHA will receive more than $300,000 over two years, through the Canadian Agricultural Partnership (CAP). The grant will help AHA build capacity to fulfil its mandate as the... Read More
Category: Ag Business
Maple Leaf Foods is announcing that it has reached an agreement to purchase four pig farms in central Saskatchewan from the Polar Pork group of companies. The acquisition will increase Maple Leaf Foods' overall pig supply and production capacity, the company says. Subject to satisfaction of closing conditions, the purchase is expected to close in... Read More
A dry bias across a large portion of the Prairies has been on everyone's minds this growing season. In fact, the growing season ran the whole gamut on abiotic pressures that crops can face. Jimmi-Lee Jackson, market development agronomist for Bayer Crop Science in the Tisdale, Sask., area says that while cereals and pulses look... Read More
The Organization for Economic Co-operation and Development (OECD) recently published its annual report on estimates of support to agriculture, titled the "Agricultural Policy Monitoring and Evaluation 2021." The report monitors and evaluates agricultural policies in 54 countries, including the 38 OECD countries, five non-OECD EU Member States, and 11 emerging economies. Between 2018 to 2020,... Read More
CNH Industrial has reached an agreement to acquire Raven Industries for US$2.1 billion, in a move to enhance CNH's position in the areas of autonomous and precision agriculture technology. The deal would see the parent company of Case and New Holland acquire 100 per cent of the capital stock in Raven for US$58 per share.…Read More
A recent U.S. federal reserve meeting resulted in an indication that attention to interest rate movement will be sped up in the future. "There's been a few mixed messages, actually, out of the press conferences that followed that statement of the federal reserve," says JP Gervais, chief economist at Farm Credit Canada. Gervais says it... Read More
Winnipeg, Manitoba-based Ag Growth International (AGI) has announced it intends to acquire a minority stake in a startup company in Arizona that's working on technology for reproducing native soil microbes from farmers' own soil on-site. MyLand describes itself as offering a unique "Soil-as-a-Service" model that extracts live, native microorganisms directly from a grower's soil and... Read More
Richardson Pioneer has formally announced plans to build a new high throughput elevator at Carmichael, Sask, about 65 kilometres west of Swift Current. Construction on the new facility began earlier this month, and is expected to be complete by fall of 2022. The new elevator will include 46,000 metric tonnes of storage capacity, with loop... Read More
BASF has announced a new brand for its hybrid wheat lines, called Ideltis. Officially launched June 7, the company says its hybrid wheat is intended to provide farmers with "higher and more stable performance in yield and quality." “Ideltis stands for our commitment to hybrid wheat and the transition of the wheat crop system in... Read More
Saskatchewan's push towards developing value-added processing industries has been accelerating in recent years. Just this year, three canola crush plants have either been announced as new builds or expansions. But canola isn't the only agri-processing moving ahead, as Red Leaf Pulp recently announced its plans to build a wheat straw-based pulp mill at Regina, Sask.... Read More