Glacier FarmMedia – Three years ago, startup Lucent BioSciences was producing one kilogram a day of its novel micronutrient fertilizer Soileos, drawn from crop byproducts like pea or lentil hulls. Once a recently announced manufacturing plant in Rosetown, Sask., goes online, it will be churning out upwards of 6,500 tonnes a year. Why it matters: […] Read more
Tag Archives business — page 4
Micronutrient fertilizer to fully commercialize
Announced facility will be the first major manufacturing facility for Soileos
Linamar deal to acquire Salford closes
Purchase will help the tillage equipment manufacturer grow globally
Linamar’s purchase of the Salford Group has been finalized. Linamar, a Guelph-based industrial equipment and parts maker made the announcement June 3, and executives met with Salford Group staff and management five days later to tour the fertilizer application and tillage maker’s manufacturing plant in Salford. Linamar initially announced it had an agreement in place […] Read more
Calhoun’s expansion translates into more jobs for rural community
Calhoun Super Structure celebrates 30 years with expansion of Goderich facility
Calhoun Super Structure celebrated 30 years in business with the opening of a $1 million energy-efficient building expansion at its Goderich production plant. The new build provides an additional 10,000 square feet of interior workspace featuring LED lighting, sustainable welding machines for a more streamlined operation and increased eco-friendly business practices in line with consumer […] Read more
Nutrien eyes U.S. ammonia plant
Nutrien Ltd intends to build a US$2 billion plant to produce ammonia with low carbon emissions, in the sector’s latest move to meet rising global demand for clean energy. The company is evaluating a site in Louisiana for the plant, which could produce 1.2 million metric tonnes a year and capture at least 90 per […] Read more
Pandemic pivot improved the bottom line
How some farm businesses found that pandemic-related changes resulted in improved profits, processes
The COVID-19 pandemic forced many farm businesses to alter how they do business, but there is a silver lining. Having to pivot how their businesses operated brought new innovation, taught them resiliency and to have a greater appreciation for partnerships, several farm businesses told attendees at the recent Farm and Food Care Ontario annual meeting. […] Read more
ADM, Bunge expected to post strong results as Ukraine war ignites demand
Chicago | Reuters – A string of strong quarterly profits by global agribusinesses Archer-Daniels-Midland Co ADM.N and Bunge Ltd BG.N likely continued in the first quarter despite surging crop costs and global supply chain disruptions triggered by Russia’s invasion of Ukraine, analysts said ahead of earnings releases this week. Both companies capitalized on good oilseed […] Read more
Growth in livestock industry means growth in feed mills
Ontario feed mills have improved efficiency to better service customers
They are easy to spot rising above the treeline in rural Ontario and a testament to the strength of the Ontario livestock sector. A large investment has been made in the past five years in new feed processing equipment across the province and several companies. Why it matters: Feed efficiency at the farm level and […] Read more
U of G launches free online business program for producers
Program is self-paced and taught by professors with significant agricultural industry experience
Farmers can get down to business with a new course offering from the University of Guelph, Foundations in Agricultural Management, a free eight-part online course. “Getting Ontario Agricultural College’s institutional knowledge into the hands of producers across Canada has always been a goal of ours,” said Rene Van Acker, dean, Ontario Agricultural College, University of […] Read more
Catapulting rural entrepreneurs to the next level in Grey-Bruce
Investment in regional rural business hub already paying dividends locally
Owen Sound is ready to help rural entrepreneurs take a leap to the next level while keeping innovation at the local level. The Sydenham Campus Regional Skills Training, Trades and Innovation Centre received an $845,000 non-repayable Federal Economic Development Agency for Southern Ontario (FedDev Ontario) fund early in 2021 to host a small and medium-sized […] Read more
Multiple carbon markets bring opportunities
Farmers need to consider what the developing carbon market could do for their business
Putting a price on carbon doesn’t have to mean taxes and credit trading, but even if it does, a little pragmatism could help farmers save money. According to Graham Gilchrist, chief executive officer of Alberta-based non-profit Biological Carbon Canada, producers should consider what the continued development of a carbon market could do for their business. […] Read more
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