All eyes are once again on British Columbia as headlines have become dominated by record amounts of rain causing disastrous flooding, evacuations, and road closures. Some major transportation highways have been closed — including the Trans-Canada, the Crowsnest Highway, and the Coquihalla. Both CN and CP rail lines are also closed due to damage. Alongside... Read More
Category: News
The west coast, Fraser Valley, and further inland at Merrit, B.C. and just to the south has faced two days of incredible rainfall flooding homes, submerging roads, and cutting deep ravines under highways and bridges. Images of stranded cattle and horses, flooded roads and neighbourhoods, and completely destroyed roads have dominated the news since Monday,... Read More
Unit sales of both ag tractors and combines continue growth above an already-hot pace set in 2020, according to the latest data from the Association of Equipment Manufacturers (AEM). U.S. total farm tractor sales climbed 4.8 per cent in October compared to last year, while U.S. self-propelled combine sales jumped 72.9 per cent, the fourth... Read More
The Canadian Crop Hail Association says despite reduced overall storm activity, more damaging storms resulted in a near-record level of hail insurance payments to farmers in Western Canada in 2021. With harvest wrapped up across the Prairies, the CCHA says payments totalled more than $322 million — the highest level since 2008. Premiums paid by... Read More
The Ontario government will spend $25 million over three years to strengthen the agri-food supply chain through the Strategic Agri-Food Processing Fund. The funding is designed to "incentivize industry investment in projects that help address the processing capacity shortage and increase the sector’s competitiveness and resilience against future disruptions," the province says. Lisa Thompson, Minister... Read More
Building on last fall’s $815-million investment, the government of Alberta — leveraging from the Canada Infrastructure Bank (CIB) — is investing another $117.7 million to modernize irrigation infrastructure and increase water storage in southern Alberta. The funding has the potential to create 7,300 permanent jobs and 1,400 construction jobs, while contributing up to $477 million... Read More
Federated Co-operatives Limited (FCL) has announced that Regina City Council has officially approved an offer to purchase land north of the Co-op Refinery Complex (CRC). The land would be used to construct a renewable diesel plant. Construction of the new plant is still subject to market conditions and securing necessary government approvals and support, however,... Read More
Yanick Gervais will move from interim CEO of Olymel L.P. to CEO following an appointment by the board of directors. Gervais stepped into the role just ahead of the sudden passing of Réjean Nadeau, who passed away from cancer on October 14. Previously, Gervais was senior vice president of operations at Olymel and was responsible... Read More
Union representatives have presented Cargill's vice president of labour relations with a strike notice for the High River beef processing plant. "Our members will be commencing a strike there on December 6th, 2021, at 12:01 a.m. The High River plant will be the initial location of the strike, but we reserve our constitutional right to... Read More
The November World Agriculture Supply and Demand Estimates (WASDE) report from the USDA was released Tuesday, and the market responded by moving higher across most of the board. Big sigh of relief for markets as #soybean yield falls to 51.2 bushels per acre and #corn "only" goes up to 177.0 bpa. #Corn up 10, #soybeans... Read More