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Werner Baumann, CEO of Bayer AG, at the annual general shareholders meeting in Bonn, Germany, May 25, 2018. Photo: Reuters/File/Wolfgang Rattay

Bayer CEO says would consider glyphosate settlement depending on costs

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St. Louis | Reuters – Bayer AG’s chief executive said this week the company might consider settling lawsuits over Monsanto’s glyphosate-containing weed-killers depending on how high court costs rise, but stressed it remained focused on defending the combined company against claims they cause cancer. Bayer acquired Monsanto this year for $63 billion. “If we can settle […] Read more
Spike in big U.S. farm loans may add risk to agricultural banks
News

Spike in big U.S. farm loans may add risk to agricultural banks

Farmers are feeling the impact of the U.S.- China trade war as commodity prices drop

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Chicago | Reuters – A sharp jump in American farmers seeking operating and equipment loans of at least US$1 million fuelled a spike in agricultural lending in the third quarter of 2018, as trade worries added to economic strain in the farm sector, the Federal Reserve Bank of Kansas City said Oct. 19. Why it […] Read more
U.S. Trade Representative Robert Lighthizer discusses the United States-Mexico-Canada Agreement (USMCA) as U.S. President Donald Trump and U.S. Treasury Secretary Steven Mnuchin look on during a news conference in the Rose Garden of the White House in Washington, U.S., October 1, 2018.
News

Trump administration plans new trade talks with EU, UK, Japan

Congressional approval must be granted under fast-track rules

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Washington | Reuters – The United States Trade Representative’s office told Congress in mid-October it intends to open trade talks with the European Union, the United Kingdom and Japan. Under fast-track rules, the United States cannot start talks with the EU, Japan and the United Kingdom until 90 days after notifying Congress. Why it matters: […] Read more
farmer driving a tractor
Crops, News

Ag Economy Barometer volatile, drops to two-year lows

American farmers indicated trade uncertainty and potential oversupply were major worries

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A so-called Ag Economy Barometer, a reading of American producer sentiment, has fallen to its lowest level since October 2016. The barometer, a project of Purdue University and the CME Group, fell 15 points in September to 114 from an August reading of 129. The Ag Barometer is an index based on a survey of […] Read more
Jim Soetmans, left, Laura Soetmans, Mary Donkers and Joe Donkers are owners of Stonepicker Brewing near Forest.
News

On-farm breweries grow

A hobby has turned into a growing business for a couple of Lambton County farmers

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You can’t mistake the fact you’re arriving at an on-farm brewery when you arrive at Stonepicker Brewing. There’s the McCormick Deering antique tractor at the end of the lane, the idled hog barn you pass on the way to the brewery building and the 1933 Case C hanging from the wall above the bar when […] Read more
Greenhouse operators will qualify for relief on 80 per cent of the cost of the carbon pricing for building heating and carbon dioxide production.
Uncategorized

Carbon pricing system to include relief for farmers

Farm fuel for vehicles looks to be exempt, but barn heating and cooling may still require full payment

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Farmers and rural residents will get breaks on what they’ll have to pay under a carbon pricing scheme announced by the federal government. But as of yet, those promises of relief are vague. The federal government announced the measures in late October for provinces unwilling to implement their own carbon pricing scheme. The government also […] Read more
We field-tested a pair of Kubota M7 tractors, putting them to work cutting and baling hay in our test field.
Machinery

Reviewing the M7 Kubota tractor

Our observations after getting up close and personal with two M7 tractors

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A couple of years ago, Kubota introduced its flagship M7 line of tractors, which pushed the available horsepower in its tractor line to 168. Since then the orange brand has been pushing to become a much bigger player in the ag equipment market, with a stated intention of eventually becoming a full-line manufacturer. But there’s […] Read more
Photo: @CanadaTrade Twitter

CPTPP trade agreement ratified

Canada will be among the original six and will gain some benefit from moving early

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The last domestic legislative hurdle to enacting the CPTPP trade deal with Pacific rim countries has been cleared. The deal was approved by senate and received Royal Assent the afternoon of Oct. 25. The moves makes Canada one of the first countries to ratify the 11 nation deal which comes into effect once the first […] Read more
Prime Minister Justin Trudeau speaks at a press conference June 9, 2018 at the G7 summit in Charlevoix, Que. (G7.gc.ca via Flickr)

Trudeau vows to impose carbon tax, opponents push back

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Ottawa | Reuters – Canadian Prime Minister Justin Trudeau on Tuesday said he would fulfill a promise to impose a carbon tax on provinces unwilling to combat climate change, prompting instant protests from a voter-rich part of the country. Trudeau, whose ruling Liberals face an election in October 2019, told a news conference that all the money […] Read more

Cyber-Savvy Farmer

Glacier Farmmedia Podcast