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Tag Archives Business/Finance

More changes coming to processing vegetable marketing
Agriculture Minister Hardeman directing changes including more open marketing
Ontario’s processing vegetable growers thought they were seeing a return to some semblance of normalcy in their organization and the way their products are marketed. But the provincial government and […] Read more

Dairy partnership finalized, called Lactanet
Partnership brings together CanWest DHI, Valacta and Canadian Dairy Network
Canada’s new dairy information organization has a name and will be in effect as of June 3. Lactanet was formed out of a partnership that includes CanWest DHI and Valacta […] Read more

OMAFRA takes a large cut in Ontario budget
Investments made in broadband internet, focus put on reducing deficit
The Ontario Ministry of Agriculture Food and Rural Affairs (OMAFRA) was budgeted for a cut of more than $200 million by 2020 in the recent provincial budget. The first budget […] Read more

Kubota-Versatile deal not a surprise
The Winnipeg company will begin to build a mid-range horsepower tractor for Kubota ‘immediately’
When the news release from Versatile (Buhler Industries) first popped up in my email inbox with the name Kubota in the heading, I thought, “Here it comes.” There’s a good […] Read more

Road and rail investments considered in Brazil
Five exporters are considering a joint venture to tackle logjams that slow export deliveries
Sao Paulo | Reuters – The world’s big four agriculture traders and Brazilian rival Amaggi could make a joint bid to operate a road connecting Brazil’s grain belt to northern […] Read more

Canada in China’s soybean market penalty box
Ontario corn exports continue to be strong, likely meaning tight supplies in the province
Over the past two weeks, Ontario corn and soybean prices have dropped 15 to 20 cents per bushel for both old and new crop positions. Soft and hard red winter […] Read more

Economic challenges mean U.S. farm bankruptcies are up but land prices hold steady
USDA says farm real estate prices holding up, but the potential for a fall is there
Reuters – The United States Department of Agriculture is concerned about a potential decline in farmland real estate prices, but has seen no sign of that happening so far, said […] Read more

Wheat prices dropping as world supplies hit backlog
U.S. soy acres are down, but low prices aren’t driving a deep decline
Ontario corn and soybean prices are relatively unchanged from two weeks ago. However, winter wheat prices are down about 30 cents per bushel for old crop positions and 25 cents […] Read more

Dot autonomous platform to make eastern-Canada debut at COFS
The platform will be part of a new Evolution of Farming Demonstration at Canada’s Outdoor Farm Show
Ontario farmers will get the chance to see the Canadian-made Dot autonomous farming platform at this year’s Canada’s Outdoor Farm Show. The Dot A-U1 Power Platform is an autonomous platform […] Read more

The good, the bad, and the uncertain
Agriculture takes a cautious but optimistic economic step into 2019
The last few years have been good for business, generally speaking, but as some notable headwinds gain strength, Canadian farmers may want to approach the coming year with caution. Uncertainties […] Read more