The Ontario government has released details on the structure and operations of its new agriculture advisory committee. The task force, first announced in November, is intended to strengthen the competitiveness of the province’s agriculture sector while working with industry on farm issues, the initiative was greeted with praise by Grain Farmers of Ontario. Why it […] Read more
Tag Archives Business/Finance — page 13
Province aims to strengthen farmer input with new committee
The heads of farmer, processor and agribusiness associations will be vice chairs of the committee
Setting the table for agri-food growth
Government and industry have roles to play in order to meet aggressive sector export goals
Does Canadian agriculture need an Own the Podium strategy? The Economic Strategy Table on Agri-Food thinks it’s an idea to examine. Lee Moats, a Riceton, Sask., farmer who was part of the economic strategy process for agriculture, says the idea of focusing resources where they can have largest impact makes sense to reach the lofty […] Read more
Soybean, corn harvests finally near completion
Trade disruptions will continue to reverberate through the world into next year
Over the past couple weeks, limited harvest progress has occurred in Ontario due to adverse weather. Soybean harvest progress was estimated at 93 per cent complete as of Dec. 1; farmers had about 75 per cent of the corn crop in storage. Farmers have been active sellers of corn and soybeans, which has tempered the […] Read more
Editorial: New chicken plant a needed investment
The contrast between the announcement of the closure of the General Motors auto plant in Oshawa, and the launch of the new Maple Leaf Food poultry processing plant couldn’t be more stark. It’s a difference between a sector being disrupted and in decline, and one that continues to grow and draw investment. Mark Brock, past […] Read more
Protein presents opportunity for agriculture
The world’s agriculture market is being driven by protein – which Canada can produce with the best
Murad Al-Katib of AGT Food and Ingredients said Canadian agriculture is in a position to capitalize on the world’s increasing desire for protein. The president and chief executive officer of the Regina-based company was the keynote speaker at the Grain World conference in November. Why it matters: Consumers worldwide are turning to alternative protein sources […] Read more
Deere cautious on 2019 profit after recently missing fourth quarter estimate
The company is hoping replacement demand and good crops will increase sales in 2019
Chicago | Reuters – Deere & Co on Nov. 21 gave a cautious profit forecast for fiscal 2019 after missing quarterly earnings estimates amid a U.S. trade battle with China that has depressed local farm commodity prices and hurt agriculture equipment demand. The world’s largest tractor manufacturer remained optimistic about prospects for the U.S. farm […] Read more
Tips from a successful food incubator
Trissia Mellor, agriculture manager for the Northumberland County economic development and tourism department, said the Ontario Agri-Food Venture Centre (OAFVC) was designed for growers who would like to pursue new product directions for their crops but cannot afford to build such a facility on the farm. The facility is based in Colborne. What is available […] Read more
Three approaches to farm succession success
Frank discussion and a gradual approach have helped these families with their farm transitions
The reality of just how capital-intensive farming can be becomes apparent when it’s time to pass on the business — the next generation needs capital to get in and the retiring generation needs to take it out to fund retirement. Why it matters: The experiences of three families shows that the right risk-mitigating investment strategies […] Read more
Online sales can help drive specialty crop products
Camelina is being tested in Ontario to see if it works in crop rotations here
More often than not, the first instinct of consumers today is to head online when they’re looking to buy something. That’s less the case when it comes to the traditional agricultural market of inputs and supplies. And it certainly wasn’t on Jack Grushcow’s mind when his company, Linneaus Plant Sciences Inc., first discovered somewhat by […] Read more
Nutrien eyeing expansion of nitrogen plants
CEO Chuck Magro says building up existing assets is the most cost-effective way to capitalize on rising prices
Reuters – Nutrien, the world’s biggest crop nutrient producer by capacity, is looking at expanding several nitrogen fertilizer plants in North America due to rising prices, chief executive officer Chuck Magro said last month. Nitrogen prices have climbed as China’s shutdown of coal-fired plants and rising European costs of natural gas, a key ingredient in […] Read more
Cyber-Savvy Farmer
