The owner of a 25,000-acre operation in eastern Alberta that is focused solely on raising cattle is asking $45 million
It’s a big price tag for a ranch but worth it, says the owner of a massive everything-you-need operation located on the banks of Alberta’s Red Deer River. Simon Schonhofer, who ranches near Jenner, Alta., in Special Areas No. 2, is asking $45 million for the operation. It is definitely an eye-catching property with a […] Read moreNews
Farmer pursues PhD with sustainability research
David Rourke, a 67-year-old grain farmer from Minto, Man., made it clear he’s not in competition with his mother, but he’s obviously cut from a similar cloth. After earning a master’s degree in education and then a master’s degree in nursing, Rourke’s mom went back to school in her 50s to pursue a PhD in […] Read more
Rye whisky not as clear cut as tipplers may think
Contrary to what its name implies, whisky labelled as rye in Canada can be made with any cereal grain and not just rye
This is part of an ongoing series of stories exploring rye, the crop, as it becomes Rye, the whisky. Here are some rye whisky realities that might surprise you: “Rye whisky” in Canada doesn’t need to contain any rye at all. It does in the United States, but in Canada it’s a legal synonym for […] Read more
Soy oil price continues to slide
A technical analysis had DTN lead analyst Todd Hultman thinking soybean oil futures were going to finish October by closing above the 20-day average of US54 cents per pound. That would have signaled a bottoming out in prices and a bullish change in short-term momentum. That did not happen. Prices continued to fall, closing at […] Read more
Global food security concerns continue to rise
Producers say Russia’s invasion of Ukraine and questionable government policies are threatening world food stocks
CHARLOTTETOWN, P.E.I. — Disruption is threatening both food security and the farmers who produce that food, panelists from Europe and North America said at a recent conference. For decades, said Ted Bilyea, special adviser to the Canadian Agri-Food Policy Institute, farmers have been dealing with the challenges of abundance. They worried about productivity growing faster […] Read more
Honesty key in food marketing
Canadian consumers have a high level of mistrust when it comes to food labels and marketing. That was one of the key takeaways of a recent report from the Canadian Centre for Food Integrity, which showed that 62 percent of Canadians have concerns about misleading food labels and marketing. But instead of viewing this as […] Read more
Smithfield may go public
REUTERS — Smithfield Foods’ Chinese owner, WH Group, is working with banks to take the U.S.-based pork producer public again in the United States, according to media reports. Smithfield could list its shares as early as next year, the Wall Street Journal reported, adding that the deliberations are ongoing and the timing could change. “The […] Read more
ADM posts big profit
CHICAGO, Ill. (Reuters) — Archer-Daniels-Midland Co. beat Wall Street expectations for third-quarter profit on good ethanol and sweetener margins and strong Brazilian crop exports, though results were lower year-on-year. The company said it was raising its full-year earnings outlook after a strong first three quarters and a favourable market environment. ADM has capitalized on good […] Read more
Taking a deep dive into snowfall events
There are different ways to measure how much snow falls, whether it be the amount that falls in one day or one 24-hour period. We can also measure snowfall a third way — by looking at what I call a snow event, when we record snowfall amounts on two or more consecutive days. This can […] Read more
Indian market pays a premium for green lentils
The current massive price premium between green and red lentils is justified, says a trader of the crop. The premium for large green lentils over reds has averaged US$414 per tonne since the start of the 2023-24 marketing year, according to Stat Publishing. That is more than double last year’s average of $202. Related stories […] Read more
