The board of Farmers Edge has announced its choice for the new chief executive officer for the company. Vibhore Arora will replace company founder and long-time CEO Wade Barnes, effective June 6, 2022. Arora comes to the ag tech company from Amazon Canada. Prior to that, he held senior positions in the information technology and... Read More
Category: News
Although we've experienced dips in market pricing, there are good reasons to be cautiously optimistic about where commodity prices are for now, unless we see some significant changes in the local and global landscape. There are many factors that are currently affecting commodity markets. First and foremost is the ever-unfolding situation between Russia and Ukraine.... Read More
A $225 million plant protein processing facility is to be built in Strathmore, Alberta. Phyto Organix is set to break ground on the 15-acre facility, which the company says will be net-zero, in fall of 2022. Chris Theal, founder, president, and CEO of Phyto Organix, says the investment will generate over $120 million of annual... Read More
Canadian beef producers who are certified through the Canadian Roundtable for Sustainable Beef (CRSB), are now eligible to receive an incentive payment from Farm Credit Canada (FCC) of up to $2,000. Curtis Granger, director of lending products and sustainability programs with FCC, says the main motivation behind the incentive payment is to increase certification for... Read More
A new white paper document released by the Association of Equipment Manufacturers (AEM), outlines 13 trends that they say requires the attention of the industry, if we are to keep up with a growing global population and environmental requirements. Megan Tanel, president of AEM, says over the years farmers have been expected to produce more... Read More
Manitoba farmers struggling with wet conditions this year will have a few more days to plant soybeans while still receiving full crop insurance coverage through the Manitoba Agricultural Services Corporation (MASC). A permanent extension to the AgriInsurance seeding deadlines for soybeans was announced by Manitoba Agriculture and MASC on May 20. The deadline for full... Read More
Health Canada has issued a long-awaited clarification on how it will regulate different forms of plant breeding, including newer gene-editing methods. Genetically modified crops are deemed "novel" under Canada's regulatory framework, requiring an expensive multi-year safety review before being approved for sale, but there was uncertainty about whether gene-edited crops would also be treated as... Read More
Canada is standing by its proposed solution regarding dairy tariff-rate quotas under the United States-Mexico-Canada Agreement (USMCA), as U.S. dairy groups continue to pressure the White House to escalate the matter. Earlier this week, U.S. trade representative Katherine Tai said Canada's changes didn't go far enough, and the proposed solution was a disappointment. Jim Wiesemeyer... Read More
It's been a wild week in the wheat markets, with lots of trading action and news stories driving the markets. Chaos, says Jon Driedger of Leftfield Commodities Research, is one way to describe it — starting off with last week's United States Department of Agriculture report. "That was a friendly report for wheat. We go... Read More
Bill C-234 took a step forward on Wednesday, as the House of Commons voted in favour of it at second reading, sending it to the Standing Committee on Agriculture and Agri-Food for review. The private member's bill brought forward by Conservative MP Ben Lobb would amend the federal government’s carbon pricing legislation to provide an... Read More