A $2 million technology and equipment upgrade on Snobelen Farms Ltd.’s Brantford grain facility is complete. “These upgrades reflect our ongoing commitment to innovation and customer satisfaction,” said Troy Tate, Brantford location manager. “We want our growers to be in, out and back in their combines as seamlessly as possible.” Why it matters: As a […] Read more
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Snobelen Farms Ltd. increases capacity and efficiency at the Brantford facility
SPUD Unit to get $330,000 upgrade
Ontario fruit and vegetable growers to benefit
The provincial and federal governments are investing $330,000 in the Superior Plant Upgrading and Distribution (SPUD) unit in New Liskeard.
The provincial and federal governments are investing $330,000 in the Superior Plant Upgrading and Distribution (SPUD) Unit in New Liskeard. The financial boost from the Sustainable Canadian Agricultural Partnership will enhance the SPUD Unit’s ability to provide farmers and the agriculture and food industry with increased plant disease testing and healthy plant stock for Ontario’s […] Read more
Global interest still strong in farmland purchase
Land-leasing firm sees more farmland investors buying and then leasing properties back to young producers
Glacier FarmMedia – With 154 million acres, Canada has a decent share of the world’s crop and pasture land. Canada also has stable governments, reliable laws and a favourable climate for growing crops and raising livestock. But Canada isn’t a destination of choice for global money managers who want to invest in agricultural land, says […] Read more
Alberta investment firm acquires Australian cattle portfolio
This is AIMCo's second agricultural acquisition 'down under' in the last two years
The portfolio consists of Yougawalla Pastoral Co and Argyle Cattle Co. It's a large-scale cattle breeding business spanning nearly 3 million hectares (7.4 million acres) or largely leased land in the Kimberly region of Western Australia, AIMCo said in the news release.
Buhler books bigger profit as supply chain issues pass
Company now seeking 'long-term investment partner'
The maker of Versatile tractors and Farm King equipment says the supply chain issues that have pressured its quarterly bottom line have begun to clear. Winnipeg-based Buhler Industries on Aug. 14 reported net income of $16.1 million on $67.6 million in revenue for its second quarter ending June 30, up from $1.1 million on $57.8 […] Read more
Feds lock in higher interest-free portion on cash advances
Budget boost in effect as of Monday
A further temporary increase to the interest-free chunk of cash advances available to Canadian farmers, as telegraphed in March’s federal budget, has now gone live. Agriculture Minister Marie-Claude Bibeau confirmed Wednesday that the interest-free limit under the Advance Payments Program (APP) for the 2023 program year is now $350,000, effective Monday (May 8). The regulatory […] Read more
Alberta plans new ag processing tax credit
Incentive to be introduced in 2023 budget
Alberta has telegraphed plans for a new provincial tax credit in its upcoming budget to spur development in the ag processing sector. The province on Tuesday announced plans for what it calls the Alberta Agri-Processing Investment Tax Credit — a 12 per cent, “non-refundable” tax credit for corporations making capital investments in “value-added agri-processing” in […] Read more
Activist investor reported building stake in Bayer, seeking breakup
Bayer up for 'constructive dialogue'
Reuters — Activist investor Bluebell Capital Partners has built a stake in Bayer AG and is pushing for a breakup of the German pharmaceutical and agriculture company, Bloomberg reported on Tuesday, citing sources. U.K.-based Bluebell is also seeking an overhaul of Bayer’s corporate governance, the report added. A Bayer spokesperson, who declined to comment on […] Read more
Sierra Leone passes new laws to boost landowners’ rights
Freetown | Reuters — Sierra Leone’s parliament on Monday passed two laws that lawyers say will help boost the rights of rural landowners and women against land grabs by big mining and agribusiness firms. The West African country has a history of sometimes deadly conflict between local communities and foreign companies that have cleared huge […] Read more
Editorial: Will agriculture seize the moment?
There’s growing interest from outside the traditional agriculture world in what’s happening on the farm and the arrival of new ideas and people will change the sector in ways we can’t yet predict. I continue to hear stories from people about academics with no connection to agriculture becoming involved in agriculture research. Consultants say they […] Read more
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