Vanguard Crop Nutrition Inc. (VCN) has begun construction on a compound fertilizer manufacturing facility in Maitland, Ont. It will be the first of its kind in Canada. The facility will […] Read more
Tag Archives business
Vanguard to construct Canada’s first compound fertilizer manufacturing facility
New facility will produce fertilizers currently imported from Eastern Europe and Russia
Hensall Co-op tops $1 billion in sales for first time
First full year of operation for ready-made meals division helps tip the scale
Hensall Co-op has surpassed $1 billion in annual sales for the first time in its 85-year history. It also celebrated another milestone, marking the first full year of operation for […] Read more
Chronic labour shortages increase national food security risk: study
Labour shortages trigger lost sales, lost contracts and decreased services
Labour shortages are a global issue across every sector, including Ontario’s agri-business, according to a recent survey from the Canadian Federation of Independent Business. “We found that almost two-thirds (61 […] Read more
Corteva third-quarter loss narrows on demand for agricultural products
Reuters – Agricultural chemical and seed company Corteva Inc CTVA.N on Thursday posted a smaller-than-expected third-quarter adjusted loss as farmers looked to maximize yields at a time of low global […] Read more
Nutrien cuts 2022 profit forecast again on lower potash prices
Reuters – Nutrien Ltd NTR.TO on Wednesday cut its full-year adjusted earnings forecast for the second time this year as potash prices decline, sending the shares of the world’s biggest fertilizer maker down […] Read more
Retiring CEO sees bright future for Gay Lea co-op
Michael Barrett oversaw company’s expansion into goats and other provinces
Michael Barrett, CEO of Gay Lea Foods, will retire early next year and he predicts bright futures both for the producer co-operative and the Canadian dairy sector. Barrett’s successor beginning […] Read more
Syngenta sales growth eases but still quite robust
Reuters – Swiss agrichemicals and seeds group Syngenta on Thursday logged slightly slower – albeit still robust – growth in sales and core earnings for the third quarter. The Chinese-owned […] Read more
Crop merchant Bunge raises full-year profit outlook
Agricultural commodities trader Bunge Ltd BG.N on Wednesday raised its full-year earnings outlook after posting an adjusted third-quarter profit that topped expectations, sending its shares up about 2 per cent […] Read more
Asian demand for beef to remain strong: JBS CEO
While per-capita consumption is still low, world’s largest meatpacker sees opportunity in region
Reuters – JBS SA, the world’s largest meatpacker, is bullish on the outlook for beef sales to Asian countries, mainly China, as per-capita beef consumption in the region remains low. […] Read more
Horsch Ontario hosts opening
A ribbon cutting ceremony with Michael and Cornelia, leaders of Horsch farm equipment, took place at Horsch Ontario’s grand opening July 22 in Norwich, Ont. Farmers and industry representatives from […] Read more