CNS Canada – More than a year after the ground breaking ceremony was held for Roquette’s pea-processing plant at Portage la Prairie, Man., construction resumed on it at the end […] Read more
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Tag Archives business
Construction resumes at Portage pea plant
Louis Dreyfus top shareholder gets finance to buy out minorities
Paris | Reuters – Margarita Louis-Dreyfus, top shareholder of commodity giant Louis Dreyfus Company (LDC), said she had secured financing for a deal that requires her to buy out family […] Read more
ADM profit tops estimates on export sales, oilseeds
Reuters – Archer Daniels Midland Co reported a bigger-than-expected quarterly profit on Tuesday, as the U.S. grain merchant made export sales to buyers in countries other than China during an […] Read more
Fertilizer maker Nutrien’s profit beats on strong potash demand
Reuters – Canadian fertilizer and farm supplies dealer Nutrien Ltd reported a better-than-expected quarterly profit and raised its full-year adjusted profit forecast, driven by strong demand for its potash fertilizers. […] Read more
New table grape varieties for Ontario could diversify market
Ontario growers have only had one main short-season variety to grow
There’s lots of unrealized potential in the table grape market in Ontario, as one variety has dominated production. That’s about to change. Ontario’s main homegrown fresh table grape is a […] Read more
DowDuPont tops profit estimates as chemicals demand provides boost
Reuters – DowDuPont Inc topped Wall Street estimates for third-quarter profit on Thursday, as stronger demand for chemicals used in cosmetics, paints and packaging gear helped offset slowing growth at […] Read more
DowDuPont to take $4.6 billion charge in agriculture unit
The company says low commodity prices and larger inventories could cause farmers to buy less advanced seed
Reuters – DowDuPont Inc. said Oct. 18 it would write down the value of its agriculture business by $4.6 billion when it reports third-quarter results, as global seed makers face […] Read more
ABCD quartet of grain traders partner to digitize global trades
Chicago | Reuters – The world’s four largest agribusinesses are working together to standardize and digitize international grain trades using technologies such as blockchain and artificial intelligence, the companies announced […] Read more
U.S. pot firm Curaleaf to triple planned equity offering
Toronto | Reuters – U.S. cannabis retailer Curaleaf Holdings Inc is raising about $400 million, almost three times its original target, in Toronto, in a deal that would value the […] Read more
Agri-sector petitions province for rural investment, common-sense regulation
Farm and processor groups used Ontario Agriculture Week to push their policy goals
The Ontario Federation of Agriculture, Spirits Canada, and Food and Beverage Ontario attended a lobby day at Queen’s Park on Oct. 2, to request the government hold true to its […] Read more