The Scoular Company has sold its edible bean business, which includes processing plants in southern Manitoba and the northern U.S., to a farmer co-op based in Michigan. Cooperative Elevator Co. is expanding its geographic footprint with the acquisition of Scoular's edible bean operations, which includes processing facilities at Plum Coulee and Morden, Manitoba, and St.... Read More
Category: Ag Business
In a story first posted to the Wall Street Journal, Canadian antitrust authorities are investigating some big players in the agriculture world. The Competition Bureau is reportedly looking at whether Bayer AG, Corteva Inc., and BASF violated Canadian competition law in their dealings against Farmers Business Network, which entered the Canadian market in 2018. According... Read More
Due to the trade war between the U.S. and China, the White House used the Market Facilitation Program (MFP) to compensate farmers from the Commodity Credit Corporation (CCC). The compensation was justified based on farmers willing to be "true patriots" for the greater good of America's decision to call out China on its trading practices.... Read More
The boards of directors for Huron Bay Co-operative Inc. and North Wellington Co-operative Services have put a recommendation forward to its farmer-owners to "blend" the co-ops through amalgamation. The two agriculture-based Ontario co-ops are working on a strategy on how best to merge business operations, governance, finances, assets, departments, and markets to "explore further opportunities... Read More
How is agriculture and food production impacting the planet? Many naysayers believe our farming and food system is taking its toll, linking agriculture to 10 to 15 per cent of greenhouse gas emissions, while painting it as a resource hog that gobbles up 40 percent of the earth's land base and 70 percent of its... Read More
Agriculture and Agri-food Canada (AAFC) released its Outlook for Principal Field Crops report this week, and is predicting a slight increase in both area seeded and overall yield of field crops for the 2020-21 cropping year, compared to 2019-20. Area Seeded: AAFC is expecting to see a slight increase in area seeded, as wheat and... Read More
A familiar name in agriculture has been promoted within the Agri-Food Innovation Council (AIC), as Dr. Wilf Keller joins the organization as its vice-president of outreach. Keller was serving as AIC's board chair. “We’re looking forward to Dr. Keller joining our team; given his background, he will serve an integral role with our organization as... Read More
By the time harvest ends this season, the Keystone Agricultural Producers (KAP) estimate Manitoba producers will have paid almost $1.7 million in carbon tax related to the cost of drying the 2019 corn crop. “We are firm in our position that there needs to be an exemption for farmers under the carbon tax framework for... Read More
The Morris Group, comprised of Morris Industries, Morris Sales and Services, and Contour Realty Inc., have been granted an order extending the stay of proceedings under the Companies’ Creditors Arrangement Act (the “CCAA”). The extension was granted until March 27, 2020, and means the company can continue to operate in an effort to restructure and... Read More
The topic of trade was heavily discussed among attendees at this year’s CropSphere conference. This comes as no surprise to most, as Canadian farmers continue to deal with trade uncertainty on the global stage. One of the keynote speakers, Globe and Mail columnist Andrew Coyne, touched on how politics relate to both trade overall and... Read More