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Railway CEO Hunter Harrison, 73

New York | Reuters –– CSX Corp. CEO Hunter Harrison has died, the U.S. freight railway operator said on Saturday, just a few days after announcing that the veteran rail executive it hired earlier this year to boost its profits had taken a medical leave of absence. Harrison, 73, died “due to unexpectedly severe complications […] Read more

Lentils back at square one heading into 2018

CNS Canada — Lentil prices in Western Canada have dropped significantly over the past year as India’s policy changes and militant actions elsewhere affected markets, according to traders. Green lentil prices in Western Canada lost anywhere from 20 to 36 cents per pound over the course of 2017, according to Prairie Ag Hotwire. Prices are […] Read more

NAFTA Washington talks said to leave major differences untouched

Washington | Reuters — Talks this week to update the North American Free Trade Agreement made some progress on less-controversial chapters and technical language, but did little to resolve deep differences on autos, dispute settlement and a five-year sunset clause, some participants said on Friday. The “intersessional” round in Washington, which did not include trade […] Read more

Agri-food supercluster announces board, CEO

The new Smart Agri-Food Supercluster (SASC) will field a team of 11 innovation and corporate leaders from across Canada as its interim board of directors. The board (see below), which will be chaired by Doug Beever of Agrium, has also appointed Rob Davies as its interim CEO. Davies brings more than three decades of leadership […] Read more

Young Maize Corn Crops Leaves in Field

U.S. grains: Corn, soybean futures ease

Chicago | Reuters — U.S. corn futures dipped on Friday, hitting fresh contract lows after giving up early gains on technical selling, traders said. Soybean futures also weakened slightly, pressured by forecasts for improving crop weather in South America. The outlook for rain added to the pressure on corn. “Corn tried the upside early on […] Read more

Consumers are demanding companies prove their sustainability commitment

The rapidly changing retail food sector wants to know what you do on your farm

The $118-billion retail food sector in Canada is becoming increasingly fragmented but it still shares one thing in common: a commitment to trust and transparency, a retail food expert told delegates at the recent GrowCanada conference. That has repercussions that trace through the value chain all the way to the farm, John F.T. Scott said. […] Read more


Harvestec owner Linamar set to buy MacDon

Canadian harvesting equipment company MacDon is set to join the ag arm of industrial equipment and parts manufacturer Linamar. Guelph-based Linamar Corp., which markets the Harvestec brand of corn harvesting headers in North America, on Thursday announced a “definitive” agreement to buy 100 per cent of Winnipeg-based MacDon and its group of companies for $1.2 […] Read more

U.S. grains: Soybeans drop, wheat firms, corn slips

Chicago | Reuters — U.S. soybean futures sagged to their lowest in more than two months on Thursday, weighed down by forecasts for much-needed rains in Argentina, traders said. Wheat futures closed firm, supported by strong export data, while corn slipped. The most-active soybean contract on the Chicago Board of Trade dropped 1.2 per cent. […] Read more

U.S. livestock: CME live cattle rebound

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Thursday after short-covering and fund buying pared Wednesday’s losses, said traders. Expectations for steady to weaker prices for slaughter-ready, or cash, cattle by Friday pulled futures from morning highs, they said. December live cattle finished up 0.625 cent/lb. at 116.275 cents, and […] Read more

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