Viterra is expanding its grain origination capabilities in North Dakota. Viterra said last week that it had bought an elevator in Grand Forks, N.D., from Gavilon Grain. The transaction was completed May 1. The price was not disclosed. “We’re pleased to add this facility to our asset network and to continue building our presence in […] Read more
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Viterra expands in North Dakota
Huge crops in storage signal woes for grain buyers
Farmers are willing to wait for higher prices and are cutting out grain handlers by marketing directly to end users
CHICAGO, Ill. (Reuters) — Facing a global grain glut that is crushing profits and raising questions about their long-term prospects, the world’s big grain merchants maintain they need only a drought or other supply shock to return to the riches of the past. But a two-day rout on Wall Street for two of the industry’s […] Read moreTrump inspires U.S. farm groups to pile on Canada
WINNIPEG (Reuters) — U.S. President Donald Trump’s criticism of the protected Canadian dairy system has emboldened American farm groups to tackle other longstanding agriculture irritants as the countries move toward rewriting trade rules. U.S. poultry and egg exporters are expected to seek greater access to Canada’s tightly controlled market in renegotiations of the North American […] Read more
Tomato growers seek judicial review
Ontario processing tomato growers want the judicial system to review steps the provincial government took to seize control of their marketing board. Earlier this month, a group of 100 growers filed a request in Toronto for a judicial review by the Ontario Superior Court of Justice Divisional Court. As of May 4, the group was […] Read more
Bidding closes on rail cars May 12
The bill to repeal the Saskatchewan Grain Car Corporation Act and make way for the sale of the provincially owned cars has received third reading. Offers on the 900 cars are due May 12, and during committee debate on the bill, Highways Minister David Marit wouldn’t say how many had been received. However, he did […] Read more
NFU national office addresses provincial friction, fiscal issues
RIDGETOWN, Ont. — The National Farmers Union is addressing its financial issues, says the president of the organization’s Ontario branch. “Things are actually doing pretty good at the NFU nationally,” Emery Huszka told the recent annual meeting of Local 306 in Elgin County. Huszka was responding to comments made by Don Ciparis, Local 306 president […] Read more
Grain shipping cost up
The Canadian Transportation Agency is projecting a 4.1 percent increase in the cost of moving western Canadian grain by rail this year. The increase is in the volume related composite price index (VRCPI), which is used to determine maximum revenue entitlements for Canadian National Railway and Canadian Pacific Railway. MREs, which are also known as […] Read more
AG Notes
Businesses get funding Small and medium sized businesses will receive $1.84 million in federal funding to help them grow and thrive. The money will go to 75 small to medium size food businesses to promote their products and develop export markets abroad. For example, more than $390,000 was committed to 16 small-to-medium sized businesses in […] Read more
Brazil’s Mato Grosso leads push for GM-free soy
CUIABÁ, Brazil, May 11 (Reuters) – A movement to increase production of conventional non-GM soybeans is gaining traction in Brazil’s largest soy- producing state of Mato Grosso as farmers anticipate growing demand from Asia and Europe. Brazil was an early adopter of transgenic crops and more than 96 percent of its soy harvest is of […] Read more
Saskatchewan seeding furthest ahead in the south
WINNIPEG, May 11 (CNS) – Seeding in Saskatchewan is roughly 11 percent complete for the week ended May 8, according to the latest crop report from Saskatchewan Agriculture. That is behind the five-year average of 16 percent. Many grid-roads and fields are still too wet to support heavy equipment and fieldwork has stalled. Rain is […] Read more
