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File photo of a Prince Edward Island potato field. (Onepony/iStock/Getty Images)
Crops

‘Expedited’ potato wart survey helps make case for P.E.I., CFIA says

National survey done 'ahead of schedule'

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A national survey finding no potato wart in any “unregulated” Canadian fields should offer the reassurance on Prince Edward Island potatoes that trading partners such as the U.S. are now looking for, the Canadian Food Inspection Agency says. CFIA on Thursday reported it has completed this fall’s national survey for the soil-borne fungal potato disease
(Richardson International video screengrab via YouTube)
Crops

Lethbridge canola crusher workers reject contract offer

UFCW to seek mediation

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Unionized workers at Richardson International’s oilseed crush plant at Lethbridge, Alta. plan to seek mediation after voting to reject the company’s contract offer. United Food and Commercial Workers (UFCW) Local 401, which represents about 140 workers at the Lethbridge plant, said Monday its members had voted 79 per cent to reject the offer. The workers’
(File photo by Dave Bedard)
Crops

CN over, CP well under 2020-21 grain revenue caps

Railways moved record-level volume during year, CTA says

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Coming off a record-level Prairie grain handle, Canadian National Railway’s $1.042 billion in 2020-21 Prairie grain revenue is set to be trimmed by about $2.52 million. The Canadian Transportation Agency on Wednesday released its determination that CN’s 2021-21 Prairie grain revenue of $1,044,909,345 came in $2,399,676 above its maximum revenue entitlement (MRE) for the year.
CBOT March 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets

U.S. grains: Corn futures near six-month high

South America weather threats support U.S. soy, corn

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Chicago | Reuters — Chicago Board of Trade corn futures neared a six-month high and soybean futures topped a four-month high on Thursday on concerns about unfavorable dryness and heat threatening South American crops, analysts said. Rain is not expected to bring much relief to southern Brazil, the world’s top soybean exporter, and Argentina in
Iveco’s products include the Stralis XP truck for the long-distance haulage market. (Iveco.com)
Crops

CNH shareholders approve spin-off of truck maker Iveco

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Milan | Reuters — Shareholders at CNH Industrial on Thursday approved the spin-off of its truck-making business Iveco Group, the company said, completing a plan launched more than two years ago to reorganize its businesses. Upon completion of the plan, CNH Industrial shareholders will receive one Iveco Group common share for every five common shares
CN locomotives in Winnipeg. (Photo courtesy CN)
Crops

Hedge fund TCI seeks delay in CN CEO search

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Reuters — TCI Fund Management said on Thursday Canadian National Railway’s search for a new chief executive officer should be delayed until shareholders at the nation’s top rail operator vote for a new search committee to elect a CEO. The announcement comes days after CN said TCI’s pick and former Union Pacific executive Jim Vena
CGB’s soybean processing plant at Mt. Vernon, Ind. (CGB video screengrab)
Crops

CGB, soy grower co-op to build North Dakota crushing plant

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Reuters — U.S. grain handler CGB Enterprises and farmer co-operative Minnesota Soybean Processors are building a soy processing plant in North Dakota, the second new crushing facility announced in the state this year. The plant — which will be built near Casselton, about 25 km west of Fargo — is expected to crush 42.5 million
Russia’s Rostselmash in November 2021 launched a new Delta Track line of heavy-duty tractors, based on a similar line made at the Buhler plant in Winnipeg. (Rostselmash.com)
Crops

Versatile tractor maker’s majority owner boosts stake

Russia's Rostselmash raises ownership to almost 97 per cent

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The Russian farm equipment manufacturer which held just over 80 per cent of Canadian tractor and equipment maker Buhler Industries has now taken up near complete ownership. Winnipeg-based, publicly-traded Buhler Industries announced Wednesday that Combine Factory Rostselmash has bought another 16.3 per cent of Buhler shares for $3 per share, or about $12.25 million. Buhler,

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