CNS Canada –– Foreign demand has picked up in the flax market, according to a grain brokerage firm — and despite increased competition, Canadian prices have seen a slight uptick as limited quality flax is available. Old-crop flax prices have increased slightly since harvest, as farmers have been firm on sales, and demand has picked […] Read more
Flax
Flax prices see upward bump on increased demand
Salford buys tillage equipment maker AerWay
Southwestern Ontario vertical tillage and pasture equipment maker AerWay has become part of another well-known Ontario ag equipment manufacturer. Salford Group announced in December it has bought the AerWay advanced aeration products line from the Canadian trailer systems arm of German truck, bus and trailer axle and suspension manufacturer SAF-Holland. AerWay, which operates a manufacturing […] Read more
Campbell Soup to label U.S. products for GMOs
Reuters — Campbell Soup said it will label all its U.S. products for the presence of ingredients derived from genetically modified organisms, becoming the first major food company to respond to growing calls for more transparency about ingredients. The world’s largest soup maker also said it supports the enactment of federal legislation for a single […] Read more
CN, CP both over revenue limits for 2014-15 grain haul
Canada’s big two railways will both be required to hand over seven figures in Prairie grain revenue from the 2014-15 crop year after taking in more than their federally-allowed maximums. The Canadian Transportation Agency on Tuesday ruled Canadian National Railway and Canadian Pacific Railway (CN, CP) exceeded their grain revenue entitlements for the crop year […] Read more
Trends for 2016: Pulses expected to steal acres from cereals
CNS Canada — Canadian farmers are expected to seed more pulse crops at the expense of cereals in 2016, according to early projections from industry experts looking at current market trends. “Definitely we’ll see an increase in pulse crop acreage,” said Bruce Burnett, weather and crop specialist at G3 Canada. Lentils and peas are seeing […] Read more
Wild bees seen dwindling in main U.S. crop regions
Washington | Reuters — Wild bees, crucial pollinators for many crops, are on the decline in some of the main agricultural regions of the U.S., according to scientists who produced the first national map of bee populations and identified numerous trouble spots. The researchers on Monday cited 139 counties as especially worrisome, with wild bee […] Read more
Saskatchewan farmland off limits for pension plans next month
Reuters/Staff — New rules for buying farmland in Saskatchewan, Canada’s biggest wheat- and canola-growing province, will take effect Jan. 4, and toughen its ban on pension plans investing, the provincial government said Monday. The changes make more explicit an existing ban on pension plans and trusts from buying land and continue to limit purchases of […] Read more
CP revises hostile bid for Norfolk Southern, again
Reuters — Canadian Pacific Railway slammed railway Norfolk Southern on Wednesday, accusing it of misleading investors even as CP executives rolled out a new bid with increased shareholder protections to acquire the U.S.-based railroad. Executives from Canada’s second-largest railroad said the deal is now in the hands of Norfolk Southern’s shareholders, and urged its board […] Read more
Norfolk Southern rejects CP’s revised offer
Reuters — U.S. railroad operator Norfolk Southern has formally rejected a revised offer from Canadian Pacific Railway (CP), raising the prospect of a proxy battle. CP shareholder Bill Ackman said last week that CP CEO Hunter Harrison and he have both been sounded out by activists interested in a proxy fight with Norfolk Southern. Ackman […] Read more
Dow, DuPont to merge in deal to create chem giant
Reuters — Chemical giants DuPont and Dow Chemical agreed to merge in an all-stock deal valuing the combined company at US$130 billion in a win for activist investors that could spark further consolidation in the farm chemicals industry. The deal to combine two of the biggest and oldest U.S. chemical producers is a prelude to […] Read more
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