Australian company GrainCorp has rejected a US$2.7 billion offer from U.S.-based Archer Daniels Midland Company (ADM) on the heels of releasing its annual profit statement and lifting its share dividend. GrainCorp claims the ADM deal "materially undervalues" the company, as it announced a 19% increase in net profit for the 2011-12 fiscal year. GrainCorp's shares... Read More
Category: Eastern Canada
Farm auctions have long been a gathering place, a chance to meet with old friends and maybe even make new ones over a round of spirited bidding. While auctions have changed some, with many people attending via Internet, they're still a great place and sometimes the only place to find much-needed items. In Western Canada,... Read More
Utter the words "supply management" and those involved in the agriculture industry are likely to have strong opinions for and against. The same can be said for the U.S., where an expired Farm Bill and recent run-ups in feed costs have converged to make a whole lot of farmers and industry folk nervous about the... Read More
Last week I wrote about the demise of Prop 37, a California bill that called for, among other things, labeling of genetically modified ingredients in food products. It didn't take long after I posted the story for someone to send me a Tweet containing a link to an online petition. The introduction for the petition... Read More
Last week's USDA report managed to bring one notable surprise to light. Soybean yields were actually much higher than anticipated. While that may have been a welcome surprise to farmers and is overall a good news story, there will be a bit of an adjustment period while a market, that doesn't really like surprises, adjusts... Read More
In September, Bernard Tobin, RealAgriculture.com's Ontario correspondent, explained in this interview that the Slots-at-Racetrack program was ending and ending quickly. As of March 31, 2013, the slot machines would be pulled from Ontario racetracks, and the revenue generated by the slots (and shared with the province) would walk out the door with the machines. The... Read More
The line-ups at elevators in Ontario are continuing to slow down the corn harvest. With corn harvest happening all at once due to the wet weather dryers are having a hard time keeping up. According to Peter Gredig, the additional contributing factor to the long dryer lines is that the yields have generally been higher... Read More
In a good news/not so good news scenario, the 2012 corn crop is showing very low incidence of ear molds. That said, there are likely to be areas with higher numbers, and farmers are reminded to scout or test each field for possible infection, especially if the crop is destined for feed use. In this... Read More
Today, if you haven't heard, is National Show Your 4-H Colours day — a day for current and former 4-H Canada members to wear green and white and show off their 4-H pride. As I donned my Roughriders shirt (2 birds, one-stone!) this morning, I got to thinking about my 4-H years and how they... Read More
The Canadian Young Speakers for Agriculture held its annual speaking event last weekend in conjunction with the Royal Agricultural Winter Fair, at Toronto, Ont. RealAgriculture.com was there to film the promising speakers — an amazing mix of passionate, well-spoken and wise-beyond-their-years individuals. This year's junior and senior winners respectively, Dasha Metropolitansky and Lydia Harrison, both... Read More