Ag notes

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Published: July 16, 2015

FCL one of largest Canadian companies

Federated Co-operatives Ltd. moved up the list by two spots and placed 43rd on the list of the top 500 largest companies in Canada.

The co-operative ranked 27th on the list for its return of 9.9 percent on assets. This is the third year in a row FCL has made the list, which is compiled by Financial Post Magazine.

FCL earned $10.8 billion in revenue, an increase of 15 percent from 2013. It is the largest non-financial co-operative in Canada.

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Land crash warning rejected

A technical analyst believes that Saskatchewan land values could be due for a correction, but land owners and FCC say supply/demand fundamentals drive land prices – not mathematical models

Soy Canada will receive $358,175 in federal funding to expand and find new international markets for Canadian soybean products.

Coming trade shows and missions will concentrate on expanding key markets in China, the United States, South Korea, Japan and Europe.

Canadian Dairy Commission has new chair

Alistair Johnston of Langley, B.C., has been appointed chair of the Canadian Dairy Commission for a four-year term.

Johnston joined the Northern Alberta Dairy Pool as director of operations soon after immigrating to Canada in 1988. He subsequently held leadership roles at Dairyworld Foods and the Vanderpol Food Group.

He has provided technical and strategic assistance to dairy and food manufacturing enterprises domestically and internationally for several years.

His past board experience includes the British Columbia Chicken Marketing Board, the B.C. Investment Agriculture Foundation, the B.C. and Alberta dairy associations and the B.C. Food Processors Association.

B.C. blueberries get access to China

Canada and China have agreed to sustained market access for fresh British Columbia blueberries.

The first pre-shipment inspection by Chinese inspectors is expected this summer.

Estimates by the Canadian blueberry industry are $65 million a year for new access to the Chinese marketplace, which continues to be one of the fastest growing economies in the world.

B.C. produced 65,500 tonnes of high bush blueberries last year, which were worth more than $110 million.

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