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ontario grapes

China seen set to become world’s second-biggest wine market

Paris | Reuters — China is set to overtake Britain and France to become the world’s second-largest wine consumer by value behind the U.S. by 2020 as consumers turn to more middle-range wines, the International Wine and Spirit Research (IWSR) organization said Thursday. In a study for wine fair Vinexpo it forecast Chinese wine consumption […] Read more

Glyphosate clears Health Canada re-evaluation

Crop protection companies selling glyphosate have two years to make minor changes to parts of their product labels, as the 43-year-old herbicide formally clears Health Canada’s re-evaluation process. The re-evaluation, launched in late 2009 in a standard federal practice for registered pesticides in Canada, has ruled that products containing glyphosate — when used following the […] Read more





Milk production being ramped up

New dairy-processing plants will allow Manitoba milk producers to have quota fully issued

Manitoba’s dairy farmers are preparing for what may be the largest increase of processing capacity ever seen as a result of one project. “I don’t know if there has ever been a situation elsewhere in Canada where there has been a 40 per cent increase in processing capacity in a province from just one project, […] Read more


overhead view of farmland

KAP has a plan to tackle skyrocketing farmland taxes

But it’s going to require farmers lobby their municipal councils 
and then for farmers and municipalities to pressure 
the Manitoba government to act

Last fall many Manitoba farmers were shocked by double-digit increases in municipal tax bills on farmland because of its higher assessed value, but Keystone Agricultural Producers (KAP) has a plan for relief. KAP, which has been studying the issue since last August, says on average the assessed value of Manitoba farmland in 2016 jumped 45 […] Read more



PotashCorp

PotashCorp notches higher profit as sales climb

Reuters — Saskatchewan-based PotashCorp reported a bigger-than-expected rise in quarterly profit on Thursday and raised its full-year outlook, citing lower costs and increased sales volumes. Shares of the Saskatoon-based fertilizer producer rose 1.6 per cent in early New York trading, touching a three-week high. Revenue was lower in the first quarter due to weaker prices […] Read more

Maple Leaf posts higher-than-expected profit

Reuters — Meat-packing company Maple Leaf Foods reported a better-than-expected quarterly profit, driven by increased retail sales in Canada and higher exports. The company, whose brands include Schneiders and namesake Maple Leaf, said adjusted operating earnings rose 10 per cent to $59 million in the first quarter ended March 31. Maple Leaf, which is Canada’s […] Read more


BASF

BASF still out for ag chem deals

Frankfurt | Reuters –– German chemicals giant BASF said it would continue to push for acquisitions to shore up its crop protection business, after the antitrust-related sale of assets from the merger of Dow Chemical and DuPont left it empty-handed. “We are generally interested in strengthening our business further, acquisitions are part of that, that […] Read more

U.S. livestock: Cattle rise as cash prices surge

Chicago | Reuters — Chicago Mercantile Exchange live cattle surged to contract highs on Thursday and closed up the daily limit in most contacts on stronger-than-expected cash markets and robust demand for beef, traders said. The front-month contract hit a 13-month peak as the market closed higher for the fifteenth time in 16 sessions. April […] Read more