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(PerformanceAg.ca)
Crops

Alberta crop input retail groups’ deal off

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A proposal to bring together two groups of central Alberta crop input retailers has been called off without closing a deal. Crop Management Network (CMN) said Friday the conditional deal it announced in March to buy Performance Ag Group won’t proceed. CMN, a joint venture between an employee-owned network of retail outlets and La Coop […] Read more
Cargill’s ag input centre at Harrow, Ont., will need to find a new owner under order from federal regulators. (VisitHarrow.ca)
Crops

La Coop federee’s Ontario grain play cleared

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La Coop federee’s plans to expand into southern Ontario’s grain handling and crop input retail sectors are now down by four retail sites. The federal Competition Bureau said Tuesday it has an agreement in place for its approval of a deal which will see Cargill’s Ontario grain and ag retail outlets and its joint-venture stake […] Read more
(Video screengrab from TalentsLaCoop.coop)
Livestock

Coop federee buys into Ontario feed sector

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Fresh off its recent investment in the Prairie livestock feed business, Quebec ag co-operative giant La Coop federee is headed down a similar path in southwestern Ontario. The co-operative announced Monday it will pay an undisclosed sum for a 50 per cent stake in W-S Feed and Supply, based at Tavistock, Ont., about 30 km […] Read more
(Pintys.com)
Livestock

Olymel to pick up Ontario chicken processor Pinty’s

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The meat packing arm of agrifood co-operative La Coop federee is set to boost its stakes in the Ontario packaged chicken and appetizer markets with a deal for Pinty’s Delicious Foods. Olymel announced Thursday it will buy Burlington, Ont.-based Pinty’s, including its three southern Ontario chicken slaughter and processing operations at Port Colborne, Paris and […] Read more
(Lafleur.com)
Livestock

Olymel plans sausage production at Red Deer

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New equipment and refrigerated storage are going into Olymel’s Alberta pork processing plant at Red Deer as the facility gets into the sausage business. Pork and poultry processor Olymel, owned mainly by Quebec agribusiness co-operative La Coop federee, announced Monday it will put up $2 million to convert a section of the Red Deer plant […] Read more
(Machinerie.com)
Crops, Machinery

Coop federee to exit machinery parts distribution

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Citing “a period of pronounced decline” in its farm machinery business, Quebec farm co-operative La Coop federee plans to get out of parts distribution by next fall. The co-operative announced May 30 it plans to “gradually” close its Dispro farm equipment and parts distribution centre at Trois-Rivieres over a 12- to 15-month period from September […] Read more
Coop federee president Ghislain Gervais speaks to the co-operative’s AGM Feb. 23 in Quebec City. (CNW Group/La Coop federee)
Livestock, Machinery

Coop federee cracks $6 billion mark in revenues

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Revenues for expansion-minded Quebec agrifood and retail co-operative La Coop federee crossed the $6 billion mark in fiscal 2016, leading to a substantial jump in patronage dividends to producers. The co-operative at its annual meeting reported earnings, before patronage dividends and income taxes, of $275.44 million on $6.335 billion in revenues for fiscal 2016, up […] Read more
(Lucyporc.com)
Livestock

Olymel to pool Quebec hog processing partnerships

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A pair of hog packing and processing plants in Quebec’s Mauricie region are set to join forces through their common business partner for a major expansion. Olymel, the meat packing and processing arm of Quebec’s Coop Federee, announced Tuesday it has sealed a partnership deal with livestock producer and processor Groupe Robitaille. That deal, first […] Read more
(Olymel.com)
Livestock

Olymel to consolidate ham work next fall

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The meat packing arm of Quebec’s La Coop federee plans to shut down major ham lines at one of its further-processing plants in the province next year, cutting up to 340 jobs. Olymel said Friday it will halt ham deboning at its St-Hyacinthe plant in September 2017, eliminating 340 positions. Ham deboning work, until now […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets

Coop Federee to offer Olymel stake

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Reuters — Quebec-based La Coop Federee, one of Canada’s biggest farmer co-operatives, is offering for sale up to 49 per cent of pork processor Olymel, to help fund expansion in Western Canada, CEO Gaetan Desroches said in an interview. La Co-op would retain control of Olymel, which along with Maple Leaf Foods is one of […] Read more

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