Agvisor PRO Inc, a platform that connects farmers with independent advisors, industry experts, and other agriculture professionals for scheduled sessions, has closed a $1.5 million seed funding round. The seed funding is financed by six Canadian and U.S. agricultural business investors, and builds on the Founder and Friends & Farmer rounds of funding, the company... Read More
Category: News
One of Canada's largest agriculture businesses has acquired one of the country's largest trucking companies. James Richardson & Sons, Limited has purchased 100 per cent of the outstanding shares of Bison Transport Inc. from Wescan Capital Inc., as of January 1, 2021. Based at Winnipeg, Manitoba, Bison was founded in 1969 by Duncan Jessiman. The... Read More
Canadian Pacific railway (CP) moved 31.32 million metric tonnes (MMT) of Canadian grain and grain products in 2020 — a record over any prior calendar year. The company was busy in the fourth quarter, where they moved 8.84 MMT. This beats the previous record by 5.1 per cent. Joan Hardy, CP vice-president of sales and... Read More
Mexico's president has published a decree beginning the phase out of the use of glyphosate and genetically modified corn in the country. Biosafety authorities of the country will "revoke and refrain from granting permits" for genetically modified corn, including imports. The decree from President Andres Manuel Lopez Obrador published on December 31, 2020 cites protection... Read More
Most of us are very much looking forward to closing the book on 2020. We can't possibly move forward into 2021, however, without a last look back at the year that was -- in the news, regarding policy, and everything else that caught our attention. Unsurprisingly, COVID-19 related news and events dominated the year's stories,... Read More
As planned, Cargill has begun the "measured" re-opening of its Better Beef plant at Guelph, Ont. The plant originally closed December 17, 2020, due to over 60 positive COVID-19 cases within its workforce, and increasing community cases. A spokesperson for Cargill says that the plant has begun the process of re-opening as of December 29th,... Read More
The only tractor manufacturer based in Canada is reporting a jump in sales in its year-end financials. Buhler Industries, which makes and sells Versatile tractors and Farm King equipment, says it saw gross revenue of $249.6 million in fiscal 2020, up from $229.1 million in 2019. The company says the increased sales were "a result... Read More
A Saskatchewan Court of Queen’s Bench judge has approved the sale of seeding equipment manufacturer Morris Industries to the parent company of Rite Way Manufacturing. Morris has been in creditor protection since January 2020. Financial terms of the deal are not included in publicly-available court documents, but Superior Farms Solutions Ltd — which operates Rite... Read More
Cargill's Better Beef processing plant at Guelph is set to re-open December 29, after closing at the end of day December 17, due to increasing COVID-19 infections within staff and the community population. A spokesperson for Cargill says the company plans to re-open the Guelph-Dunlop primary beef facility on Tuesday, after "careful deliberations among Cargill... Read More
The federal government's Clean Fuel Standard (CFS) could create a new market equal in size to that of Japan's for Canadian canola, according to the Canola Council of Canada. The draft regulations supporting the new fuel standard, which would require fuel companies reduce the lifecycle carbon intensity of their fuels, were published in Canada Gazette... Read More