The terms by which Mayo Schmidt would lead Louis Dreyfus’ commodities business have led the company and its chosen CEO to part ways. Offering no further details, Louis Dreyfus Commodities said Wednesday the company and the former Viterra CEO “have jointly decided not to proceed” with Schmidt taking the helm, “while retaining the highest mutual
Ex-Viterra chief dropped as Dreyfus’ CEO-elect
Que. Caterpillar dealer to shed ag equipment arm
Caterpillar’s dealer for Quebec and the Maritime provinces is set to sell its Quebec farm equipment business to a chain of Agco dealerships. Hewitt Equipment — the authorized Cat dealer for Quebec and western Labrador and, through its Atlantic Tractors and Equipment arm, for the Maritimes — announced recently it will sell its ag division
Buhler books near-record sales
Winnipeg tractor and farm equipment maker Buhler Industries logged 2014 as its third-biggest sales year ever, but expects lower commodity prices to weigh on next year’s results. Buhler last Wednesday reported year-end profit of $12.5 million on $325.5 million in sales, down from its record net ($19.9 million on $340.3 million in sales) in 2013
Tax deferrals kick in for soaked and parched West
Ranchers under pressure from this year’s drought in B.C. and northwestern Alberta and excess moisture in western Manitoba and eastern Saskatchewan may get income tax deferrals for their trouble. The federal government on Tuesday released its first list of designated areas for 2014, within which eligible producers who sold breeding livestock may be allowed to
CFIA caught up on Fraser Valley bird depopulations
Birds at the 11 commercial poultry farms and one other property hit so far this month by H5N2 avian influenza in British Columbia’s Fraser Valley have been euthanized. The Canadian Food Inspection Agency reported it had completed “depopulation” of the 85 birds including ducks, chickens, geese and turkeys at a “non-commercial” farm in the Aldergrove
Nearly-shuttered Maple Leaf plants still running for now
Two Maple Leaf Foods processing plants tapped in 2011 to close by the end of this year will stay open for a few months yet. Of six further-processing facilities slated for closure by the end of 2014 in the final phase of Maple Leaf’s “value creation plan,” the company’s Courtland Avenue deli and luncheon meat
Asian grain trader makes play in Peace region
Singapore grain and pulse crop trader Agrocorp has gone into northwestern Alberta’s Peace region to add more grain processing assets to its Canadian operations. The company announced last week it has bought the Falher Co-operative Seed Cleaning Plant at Falher, about 165 km northeast of Grande Prairie, for an undisclosed sum. The co-operative’s shareholders recently
New Dreyfus CEO leaves Agrium board
Mayo Schmidt, the former Viterra chief executive named last month to become CEO of Louis Dreyfus’ global commodities business, has stepped away from the board table at ag input firm Agrium. Calgary-based Agrium, which includes wholesale fertilizer and retail seed, fertilizer and crop protection businesses, announced last Monday (Dec. 22) that Schmidt would resign from
The Scoop Shovel
Our History: December 1926
The December issue of the The Scoop Shovel in 1926 was drawn by Ed Russenholt, later to become CBC Manitoba’s first TV weatherman with his signature forecast for the “Heart of the Continent, “ which was also a title for his book of Manitoba history. It reads: “Your membership in the Pool is an effort
Weak bones? Agriculture may be to blame
The invention of agriculture may have allowed for many human advances, but strong bones may not be one of them, say researchers at the University of Cambridge. Writing in the journal PNAS, they says that human skeletons have become much lighter and more fragile since the invention of agriculture. Hunter-gatherers from around 7,000 years ago
Cyber-Savvy Farmer
