Viterra — the combined Saskatchewan Wheat Pool and Agricore United — today reported net earnings of $96.01 million (57 cents per basic share) during its fourth quarter ended July 31, up from $13.49 million or (15 cents per share) during the same quarter a year ago. “It has been three months since we began operations […] Read more
Merged Viterra posts $96M in Q4 earnings
Prairie canola harvest progress seen variable
The canola harvest across regions of Western Canada continues to be highly variable, according to the Canola Council of Canada’s final crop briefing for the season. The council’s report for the period ended September 6 said the combining of canola was complete in central and eastern Manitoba while areas of west-central Alberta and the Peace […] Read more
Canola Council names new production VP
Chris Anderson has been appointed the Canola Council of Canada’s (CCC) new vice-president of crop production, the council reported in a release. Anderson replaces JoAnne Buth, who was recently promoted to president of the council. In his new position, he will lead the council’s team of agronomy specialists, develop and deliver technology transfer programs, coordinate […] Read more
Alberta crop yields about average: AFSC
Yield expectations for spring-seeded crops in Alberta continue to sit at long-term average levels, according to a crop report for the week ended August 30, issued today from Alberta Financial Services Corporation (AFSC). The Crown corporation, which administers provincial crop insurance, farm income disaster aid and loans, reported that cooler and wetter weather predominated in […] Read more
Grain shippers file new case against CN
Six western Canadian grain shippers have launched new level-of-service complaints against Canadian National Railway (CN), which they say has failed to comply with the spirit of a recent Canadian Transportation Agency (CTA) ruling. The shippers — Winnipeg grain handlers Paterson Grain and Parrish & Heimbecker, Alberta’s Providence Grain Group, Saskatchewan’s North West Terminal and North […] Read more
Manitoba harvest, winter wheat seeding progress
Favourable weather conditions allowed producers across Manitoba to make significant harvest progress, according to the provincial agriculture department’s crop update for the week ended September 4. Spotty thundershowers did slow harvest operations in a few isolated areas. Harvest activities in the south and east of the province were virtually complete and were nearing completion in […] Read more
North West Terminal raises ethanol funding
North West Terminal (NWT) has received the funding required to begin construction of a 25 million-litre-per-year fuel-ethanol facility at Unity, Sask., at the end of this month. The estimated total project cost is $42 million. A share offering by NWT raised $13.65 million, for which an aggregate of 2,424,625 class B Shares will be issued […] Read more
Tories’ court appeal groundless: CWB
The Canadian Wheat Board is confident that the federal Conservative government’s appeal of the July 31 court decision which upheld the single-desk marketing of Western Canadian barley will fail. “The judge’s ruling was very clear…any changes to barley or wheat marketing must be made by the process set out in the Canadian Wheat Board Act,” […] Read more
Prairie canola harvest slows in wet weather: CCC
Cool temperatures along with steady precipitation resulted in the canola harvest being slowed across most regions of Western Canada, according to the Canola Council of Canada’s (CCC) crop briefing for the period ended August 29. Swathing was just getting started in parts of west-central Alberta and the Peace region, whereas combining was up to 60 […] Read more
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