It’s rumoured that Canada Savings Bonds will be discontinued because of limited use recently, but the uptake might be better if they paid 9-1/4 per cent, as advertised in our October 10, 1974 issue. However, if you were farming then, you won’t look back fondly on the cost of operating loans, or on harvest that
Savings Bonds pay upwards of nine per cent
Our History: October 1974
CP trims outlook on delayed Prairie harvest
Rain delays in this year’s Prairie grain harvest have bit into third-quarter revenues and earnings expectations for Canadian Pacific Railway (CP). The Calgary company on Wednesday booked overall net income of $347 million on revenues of $1.554 billion for its quarter ending Sept. 30. While net income was up seven per cent, total revenues were
Gay Lea to buy central Ontario butter maker
A U.S.-owned artisanal butter processor in central Ontario is set to become an arm of Ontario dairy co-operative Gay Lea Foods. Michigan-based butter producer Butterball Farms has agreed to sell Stirling Creamery, based at Stirling, Ont., north of Belleville, to Gay Lea effective Nov. 1. Financial terms of the deal weren’t disclosed, though Gay Lea
Pork packer HyLife to enter expansion mode
Manitoba hog slaughter and pork processing firm HyLife says it’s setting itself up for major expansions of its hog finishing and pork processing capacities. The company on Friday said “steady growth in demand” for its pork products overseas calls for an investment of up to $125 million in its integrated pork operations, to start “as
Dairy firms plan joint processing venture in Winnipeg
Manitoba dairy producers are expected to get a new outlet for their raw milk from a new joint venture to process butter and dairy ingredients in Winnipeg. Mississauga-based dairy co-operative Gay Lea Foods and ingredient processor Vitalus Nutrition of Abbotsford, B.C. on Monday announced a joint venture to be based at an unnamed “existing food
Changes to mildew standards for western milling wheat
Changes will minimize the financial impact on farmers and the grain trade
Mildew guidelines for western Canadian milling wheat classes are getting a bit more forgiving. Effective immediately visual guides and standards will allow for an increased presence of mildew, something the chief inspection body the Canadian Grain Commission says won’t affect the quality of products made from Canadian wheat. While the relief will be welcome during
There may be a natural solution for fusarium
Researchers have identified a plant-microbe interaction that keeps Fusarium graminearum at bay
A microbe found in millet fields may prove to be the key to defeating Fusarium graminearum. Researchers at the University of Guelph, in a paper published in the journal Nature Microbiology, have shown a beneficial interaction between finger millet plants and microbes that live in their roots. This interaction seems to give the crop a
Saskatchewan to thin out wolf pack along treeline
Aiming to prevent “wolf-livestock conflicts” in the region, Saskatchewan’s environment department will again offer a wolf hunting season along the provincial forest fringe starting Saturday. The wolf hunt, running from Oct. 15, 2016 through to March 31, 2017, is to be allowed in wildlife management zones 43 (Melfort, Tisdale), 47 (North Battleford, Turtleford), 48 (Preeceville,
AVC to handle non-routine care for New Brunswick horses
New Brunswick’s government, which co-ordinates veterinary services in the province, has reached a deal with the University of Prince Edward Island’s Atlantic Veterinary College (AVC) to provide “specialty services” for horses. Details of the agreement in principle, announced last week, are “still being finalized,” the province said in a release, but service delivery is expected
CP to chart weekly grain handling performance online
Canadian Pacific Railway plans to launch a new weekly “supply chain scorecard” next week, to chart its own performance handling Prairie grain. The Calgary company announced the new program Friday for an online launch Wednesday (Oct. 19), noting the scorecard “will include, when necessary, detailed information on any internal or external factors affecting grain movement” as