By Sarah McFarlane LONDON, Nov 13 (Reuters) – Cargill Inc., one of the world’s largest privately held corporations, has launched a restructuring that includes job cuts, one company source and four industry sources said on Friday, the latest casualty of a downturn in the farm economy. The 150-year-old company, a top commodities trader, is also […] Read more
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Update: Cargill restructures, cuts jobs – sources
VIDEO: Canada’s agricultural markets update – November 12, 2015
D’Arce McMillan, The Western Producer markets editor, monitors trends in the North American and global agricultural markets. Each week he hosts a market video about crops. The video is designed to help viewers understand the forces responsible for changes in the trade. If agricultural markets are important to you, we have you covered. Crops: The […] Read more
Heavy meat supplies sour CME cattle, hog futures
CHICAGO, Nov 13 (Reuters) – Chicago Mercantile Exchange cattle futures <0#LC:> fell sharply on Friday, rounding out the week on a sour note as traders sought cover amid a steep downturn in wholesale beef prices. CME live cattle and feeder cattle futures gave back much of the gains they had made in the past two […] Read more
Canola falls 1.7 pct on week, Chicago wheat down five pct
Crop futures were mostly a little lower on Friday, including canola, which slipped on weaker soybeans and soy oil. Soybeans weakened on a private analyst’s forecast of increased U.S. soybean acreage next spring. January canola closed at $471.50 a tonne, down $1.60 or 0.34 percent on the day. Over the week, January fell $8.20 or […] Read more
Syngenta rejects $42 bln ChemChina offer – Bloomberg
Reuters — The world’s largest agrichemicals company, Syngenta, has rejected a US$42 billion takeover offer by state-owned China National Chemical Corp, Bloomberg reported. However, a deal could still be in the works. Syngenta is under pressure to boost shareholder returns after turning down a $47 billion takeover offer from Monsanto earlier this year. Its chief […] Read more
App wins for innovation at Red Deer’s Agri-Trade
RED DEER — As a young farmer, Tyler Fletcher was looking for an all-in-one system to manage the flow of data at his Smoky Lake farm where he grows wheat, canola and fresh potatoes. The choice was Agri-Data Solutions and eventually he joined the sales team. “I did a lot of research and found Agri-Data […] Read more
Pink horsepower unveiled at Agri-Trade
RED DEER — Big gestures to raise breast cancer awareness were made when Challenger rolled its massive pink tractor off the assembly line. A woman working at the assembly plant at Jackson, Minnesota, suggested the idea and the company agreed to build a 550 horsepower pink tractor, said Challenger spokesperson Ash Ault. “The Challenger MT […] Read more
Young inventor wins award
RED DEER — A simple system to prevent air seeders from plugging is the brain child of a young inventor from Abbotsford, B.C. Brian Cruson head of Airguard Inc. is a mechanical engineer who is always looking for new ways to improve farm equipment. His ingenuity won him an innovation award at the Red Deer, […] Read more
Sprayer system tops at Agri-Trade shows
RED DEER — A computerized system to control every nozzle on a sprayer was awarded first place for innovation at the Agri-Trade Equipment Expo in Red Deer Nov. 11-14. The Hawkeye nozzle control system from Raven Industries was also recognized at the Farm Progress Show in Regina last spring. The system runs through a single […] Read more
Lake study needs dry year data
Years of higher than normal precipitation and spring runoff have left researchers studying the long-term health of Lake Diefenbaker short on dry weather data. “Our study was mostly conducted during wet years and so we didn’t find any evidence of real widespread algae blooms or anything,” said Rebecca North, research associate with the Global Institute […] Read more
