(Reuters) — Saputo Inc., one of Canada’s largest dairy processors, boosted its dividend and reported a larger quarterly profit last week, citing higher year-over-year dairy prices. The dividend will edge up to 16 cents per share from 15 cents, payable Sept. 15. For its fiscal first quarter ended June 30, net income rose 13 percent […] Read more
News
Saputo posts highter profit
Federal funding to help Canadian dairy producers prepare for CETA
Klaas Vanderveen is glad that details released Aug. 1 for the $250 million federal Dairy Farm Investment Program include funds for projects retroactive to November 2016. He began two months ago to install automated milkers at his dairy near Picture Butte, Alta. If his project qualifies for funding, the government could cover costs up to […] Read more
Canada urged to go on trade offensive over subsidies
Hitting back should be an important part of dealing with Canada’s tricky agricultural competitors in negotiations, says a new report. Foreign competitors have been clever in appearing to abandon trade-distorting subsidies but have actually done little to minimize their actual production-distorting farm support spending. “Clearly, some of our competitors and many of our customers offer […] Read more
AG Notes
Juice facility gets funding The federal government is investing up to $6.3 million to the Greenhouse Juice Company in Ontario to invest in cold pasteurization. It is expected to increase the shelf life of the company’s organic juices. The repayable loan will enable the company to expand into their Mississauga facility. As a result of […] Read more
Manitoba soybeans welcome recent rain
Rains this week that brought 10 to 25 millimetres of precipitation to most of southern Manitoba should aid soybeans. Overall the crop is looking decent, but more rain is needed to maximize yields. “You want those August rains during the pod filling stage. Right now, we definitely need some more (rains),” said Cassandra Tkachuk, Manitoba […] Read more
#Harvest17 Photo Contest
It’s time for The Western Producer’s annual harvest photo contest! This year the first prize is a WeatherFarm weather station and a two year service contract, which retails for $2,750.00. Please send your pictures of farm life and work during harvest to readerphotos@producer.com (subject: ‘Harvest17’), tweet them to @westernproducer, or post them on the WP […] Read more
Wall announces retirement
Aug 10 (Reuters) – Saskatchewan’s premier Brad Wall resigned unexpectedly on Thursday, saying he was quitting politics after nearly 10 years as the leader of the resource-rich western Canadian province. Wall, who has been one of Canada’s most popular provincial leaders and was once considered a top contender for leadership of the Conservative party, did […] Read more
USDA pegs U.S. corn, soybean, wheat crops above trade forecasts
WASHINGTON, Aug 10 (Reuters) – The 2017 U.S. corn and soybean harvests will be bigger than expected despite a slow start to planting and concerns that hot and dry conditions stressed the corn crop during critical periods of development, the government said on Thursday. The U.S. Department of Agriculture’s forecasts for corn yield and production […] Read more
China promotes livestock farming in northeast to digest corn stocks
BEIJING, Aug 10 (Reuters) – China wants to turn its grain basket in the northeast into a national meat and dairy production base, said the agriculture ministry on Thursday, as part of a broader plan to create stronger demand for the region’s main crops. Heilongjiang, Jilin, Liaoning and Inner Mongolia account for around a quarter […] Read more
EU wheat crop showing mixed yields and quality -Strategie Grains
PARIS, Aug 10 (Reuters) – Wheat harvesting in the European Union is showing varied yields and quality, with good results in southeastern states contrasting with a deterioration in countries such as Germany hit by heavy summer rain, consultancy Strategie Grains said. It raised its estimate of soft wheat production in the 28-country EU, to 141 […] Read more
