The farmers who own half of central Saskatchewan’s Gardiner Dam Terminal have reached a deal to sell their half to their business partner and wind up the company. Glencore Agriculture’s Viterra arm announced Friday it will buy the half of GDT it doesn’t already own and take over operation of the GDT inland grain terminal
Gardiner Dam Terminal set to go full Viterra
Parmalat to buy Kraft’s Ontario cheese plant, brands
U.S. food processing giant Kraft Heinz is taking one step back from the Canadian dairy processing business with a deal to sell its eastern Ontario cheese plant and the brands made there. The company announced Nov. 6 it has a deal in hand to sell its Canadian “natural cheese” business and its cheese plant at
Ceres lands tenant for Niagara-area grain elevator
A former Robin Hood flour mill repurposed as an export grain elevator in the Niagara region will devote the bulk of its capacity to a new tenant starting next summer. Minneapolis-based Ceres Global Ag Corp. announced Tuesday it has a new long-term storage and handling agreement in place with London Agricultural Commodities (LAC). The agreement
La Coop federee’s Ontario grain play cleared
La Coop federee’s plans to expand into southern Ontario’s grain handling and crop input retail sectors are now down by four retail sites. The federal Competition Bureau said Tuesday it has an agreement in place for its approval of a deal which will see Cargill’s Ontario grain and ag retail outlets and its joint-venture stake
New Brunswick ag, fisheries files remarried
New Brunswick’s incoming minority Progressive Conservative government will again have one minister handling the province’s agriculture and aquaculture files. Premier Blaine Higgs on Friday announced Gagetown-Petitcodiac MLA Ross Wetmore as his minister of agriculture, aquaculture and fisheries. Wetmore, 65, replaces Andrew Harvey and Benoit Bourque, who had handled the agriculture and fisheries portfolios respectively on
Self-checking field health mapping system launched
The farmer’s job of poring over satellite field maps looking for disease, weed and insect trouble is about to go automatic. Winnipeg-based digital ag consulting firm Farmers Edge recently released Health Change Maps and Notifications, a new function that automatically scans the company’s daily satellite imagery and alerts growers of any changes in field health
CN’s grain handle up in record quarter
Traffic in Canadian National Railway’s grain and fertilizers segment rose eight per cent in its latest quarter, helping the company to record quarterly revenue. Montreal-based CN on Oct. 23 reported net income of $1.134 billion on $3.688 billion in revenues for its quarter ending Sept. 30, up from $958 million on $3.221 billion in its
Grain handle down slightly in record quarter for CP
Grain carloads were marginally fewer but grain revenue per carload climbed 10 per cent to help Canadian Pacific Railway to its highest quarterly revenue ever. Calgary-based CP on Oct. 18 booked net income of $622 million on $1.898 billion in revenues — its “highest ever (revenues) for any quarter” — in its third quarter ending
La Coop federee to rebrand agribusiness arm
Crop and livestock producers dealing with the agribusiness division of Quebec’s La Coop federee can expect to see a new name in the game early next year. La Coop announced Sept. 25 it will change the name of the division — which today operates under the Elite and La Coop brand names — to Sollio
CPTPP trade agreement ratified
Canada will be among the original six and will gain some benefit from moving early
The last domestic legislative hurdle to enacting the CPTPP trade deal with Pacific rim countries has been cleared. The deal was approved by senate and received Royal Assent the afternoon of Oct. 25. The moves makes Canada one of the first countries to ratify the 11 nation deal which comes into effect once the first
Cyber-Savvy Farmer
