SASKATOON — Bunge is confident it will gain Canadian regulatory approval of its attempt to acquire Viterra. Most jurisdictions where the companies operate have already approved the US$34 billion deal. Canada is one of the last ones remaining. Related stories: “We continue to engage with the Government of Canada and expect to address questions and […] Read more
News
That sinking feeling when the heat hits
After a couple of July heat waves, the Prairies have seen a bit of a cool down. Although a heat wave is a weather event, its impact on people is key. This is why we can have heat waves in winter, but they don’t get as much attention due to their more limited impact on […] Read more
EU clears Bunge and Viterra’s $34 billion deal
BRUSSELS, Aug 1 Reuters – The European Commission cleared the US$34 billion merger deal between Bunge BG.N and the Glencore-backed company Viterra. “The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Viterra Limited by Bunge Global S.A. The approval is conditional upon full compliance with the commitments offered by the […] Read more
ADM misses profit estimates on U.S. demand
REUTERS — Archer-Daniels-Midland Co. has missed Wall Street expectations for second-quarter profit, which were hit by lower soy crush margins and waning demand for U.S. crops. Such lower profits reflect the challenge global grain merchants and oilseed processors now face, as crop prices hover at nearly four-year lows due to a hefty global stockpiles of […] Read more
Bunge shares hit on profit miss
REUTERS — Bunge missed Wall Street expectations for second-quarter profit late last month as narrower processing margins hurt the grain trader. Ample global supplies of soybeans and corn are keeping crop prices near four-year lows and discouraging farmers from selling their harvests, squeezing global traders and oilseed processors. Adjusted earnings in Bunge’s agribusiness segment, its […] Read more
Putting a dollar to rangeland benefits
Glacier FarmMedia – How much are native grasslands worth? One research project is aimed at answering that question. The Genome Prairie project, a multi-year, $5.9 million endeavour that involves public and academic stakeholders, will use genomic tools in attempts to figure out the dollar value of rangelands and the ecological goods and services they provide. […] Read more
CFIA adds requirements for cattle returning from U.S. due to bird flu
Glacier FarmMedia – Cattle returning from the U.S. after a stay of less than 60 days will require additional certification as bird flu concerns continue. The requirements, which took effect yesterday, require an additional paperwork, including an export certification statement. The statement, to be signed by a veterinarian, requires cattle to have tested negative for […] Read more
FCC, EMILI renew partnership to improve farm productivity
Five-year commitment will last through to 2029 and provide foundation for “farmer-centric” innovations
Glacier FarmMedia – Farm Credit Canada and digital ag accelerator EMILI (Enterprise Machine Intelligence and Learning Initiative) have announced renewal of their partnership. The announcement was made Aug. 1 at EMILI’s Innovation Farms during the organization’s 4R Days and coincided with a ribbon cutting to celebrate the opening of the new 8,500-square-foot Innovation Farms Centre. […] Read more
Rye proponents hope for Prairie renaissance
Industry insiders see new reason for optimism amid cover cropping programs and changes to single-use agreements
Glacier FarmMedia – Western Canada may be on the cusp of a rye renaissance. New cover cropping programs and changes to single-use agreements could double the number of Canadian rye acres within the next five to 10 years. It’s all because of a recent tweak in contractual language from seed companies on their hybrid rye […] Read more
Flexible hiring and collaboration key to solving ag labour shortage
Glacier FarmMedia – A flexible and open-minded approach is necessary to address the labour shortage in the agricultural industry, say stakeholders. The sector needs employees in areas of digital agriculture, mechatronics and clean energy technologies, as well as veterinary professionals. To address this, Manitoba Agriculture is taking a four-pronged approach by investing in people, creating […] Read more
