It's said that when the U.S. sneezes, Canada catches a cold. But is that really true of all things? Until now, Canada hasn't had its own farmer sentiment index, like farmers have in the U.S., and so the industry has been left to extrapolate how Canadians feel about the state of agriculture from our southern... Read More
Category: News
When Farm Credit Canada (FCC) released its first-half of 2022 farmland values report earlier this week, reaction was somewhat mixed, ranging from "Well, of course prices are still strong!" to "This kind of growth is absurd given current conditions." As J.P. Gervais, senior economist with FCC explains, it's important to look at the 8.1 per... Read More
CN Rail says a bridge fire in northwestern Alberta is expected to shut down rail traffic in and out of the Grande Prairie area for an unknown amount of time. The fire occurred at a large bridge on the Grand Cache subdivision near Latornell, Alta. early in the morning on Wednesday, October 5, affecting traffic... Read More
A mid-year review of farmland values by Farm Credit Canada (FCC) suggests climbing interest rates and poor growing conditions in 2021 have done little to temper demand for Canadian farmland. “Strong farm cash receipts, buoyed by robust commodity prices, have managed to quell some of the profitability challenges from higher interest rates and farm input... Read More
Viterra has officially completed its acquisition of Nebraska-based Gavilon, giving the grain company with roots in Canada a much larger footprint in the U.S. As part of the stock purchase agreement, which was announced in January and closed on October 3, Viterra is paying Japan-based Marubeni US$1.125 billion, plus working capital and other adjustments, for... Read More
The percentage of hopper cars ordered by grain elevators in Western Canada that are not showing up on time has started to climb rapidly, according to the latest data from the Ag Transportation Coalition. CP Rail only supplied 61 per cent of the hopper cars that were ordered in week 8 of the grain year,... Read More
The federal government has made some regulatory changes to give grain farmers more time to dispute an elevator's grain grading and dockage assessment. At the same time, the latest attempt for a broader update to the Canada Grain Act is facing an uncertain future. Grain producers can now ask for a sample of their grain... Read More
The Ontario Soil and Crop Improvement Association (OSCIA) is on the hunt for a new leader to take the reins of the organization in January 2023, allowing for a transition period from the current leadership. The move comes as executive director Andrew Graham has announced his plans to retire in June 2023, after 33 years... Read More
Farmers in the western half of the Prairie region have made good progress with harvest thus far, but it's been a slow battle further east. Here's a snapshot of where harvest is at, based on provincial crop reports and other sources: Alberta Harvest progress in Alberta increased from 76 to 88 per cent in the... Read More
Both Saskatchewan and Manitoba have announced funding for an additional 10 seats total for the veterinary program at the University of Saskatchewan. Saskatchewan will increase its annual quota from 20 to 25 seats for the 2023/24 academic year, while Manitoba will increase its commitment by five, to 20 seats for fall of 2023, with a... Read More