The board of Potash One Inc. is recommending a $434 million friendly takeover bid by German fertilizer company K+S Aktiengesellschaft. Potash One received environmental approval from the Saskatchewan government last week for a potash solution mine 80 kilometres northwest of Regina.
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New potash bid made
Western Producer Livestock Report – for Nov. 25, 2010
HOGS WEAKER U.S. hog prices fell last week because supply was adequate to meet packer needs. Prices traditionally weaken this time of year before strengthening after the U.S. Thanksgiving. Ron Plain of the University of Missouri said daily U.S. pork production averaged 21 percent more over the last four weeks than during late July and […] Read more
Farm supports big issue among young farmers
The House of Commons agriculture committee, having spent the better part of the past year studying beginning farmer issues, is recommending governments tweak financial programs and improve education about farming. In a report tabled in Parliament Nov. 19, the all-party committee recommended improvements to business risk management programs to make them more young farmer friendly, […] Read more
Syngenta takes two-pronged approach on grass weeds
Controlling grass weeds in a spring wheat or durum crop can be tough because of their shared growth characteristics and susceptibility to herbicides. Syngenta believes it has come up with a solution by combining pinoxaden, the active ingredient in Axial, with another Group 1 systemic grass herbicide, clodinafop, found in Horizon. A new adjuvant is […] Read more
Farmers seek less risk: survey
A looming wave of farmer retirements could prompt a massive transfer of assets and land to the next generation, who may or may not decide to invest in agriculture. “If we don’t facilitate this transfer of assets and make it happen as smoothly as possible, the outcome of failure will be fairly significant because we […] Read more
Canfax Report – for Nov. 25, 2010
The Canfax weighted average steer price was $94.95 per hundredweight, up $1.61, and heifers were $94.42, up $1.75 for the week ending Nov. 19. Support came from the weaker Canadian dollar and strong Canadian packer demand, despite slower kill speeds. There was also demand from plants in the northwestern United States. The number of cattle […] Read more
Young farmers voice concerns
Oil Springs, Ont., beef and dairy farmer Joe Dickenson, 30, joined more than 40 other young producers last week to give the federal government an earful about the problems they face. They were invited to do so. “A pretty common theme was the massive startup costs young farmers face, succession issues, access to land,” he […] Read more
Grain production margins insured for multiple perils
Producers on 400 prairie farms might sleep easier next year. A new insurance program that is based on individual gross production costs and operational margins is designed to encourage risk mitigation through strong agronomic practices and protect against most price-and production-related business perils. Three partners with backgrounds in agriculture, finance and insurance have formed Global […] Read more
Feds pick EcoEnergy projects
Western Canadian wheat and canola farmers will soon have more local buyers for their crops. The federal government has picked which ethanol and biodiesel plants will receive the remainder of funding left in the $1.5 billion EcoEnergy for Biofuels program. In 2008 and 2009, Natural Resources Canada signed contribution agreements with 21 biofuel companies worth […] Read more
Agribition honours founders of show
The painted steer, weather and people were among memories from past Canadian Western Agribition shows that were replayed during a ceremony to mark the opening of the 40th show Nov. 22 and honour the founders. Robert Ballantyne of Livelong, Sask., has exhibited at every one of those shows but this will be the last. The […] Read more
