Bankruptcy Archives - Page 3 of 7 - Manitoba Co-operator

“Greed” Drives Quota Cost, Says Delegate

By Daniel Winters December 9, 2010

What do Amish bishops and Canada’s supply management officials have in common? According to Ian Cumming, an Ontario dairy farmer who moved to the U.S. to escape the restrictions of quota, both provide insulation from an uncertain world, but at the cost of suffocating growth and initiative. “Our bishops at Dairy Farmers of Canada, like

Beef cattle, News

Cattle Producers Still Live In BSE’s Shadow

By Ron Friesen November 4, 2010

Cattails and swamp grass are all that’s visible on some pastures as Menno Friesen drives a visitor around his Interlake farm in an aging pickup truck. Friesen spent 45 years beating back bushes and shrubs to develop some prime crop and grazing land in the heart of cattle country. But due to the abnormally wet

Cereals, News

In Brief… – for Sep. 30, 2010

By Reuters September 30, 2010

Pigeon King’s roost sold: Real estate owned by Arlan Galbraith, the bankrupt Pigeon King, was auctioned off Sept. 23 in a bid by London, Ont. receivers to recoup some of the millions lost by investors. The property contained two homes, some pigeon coops and 300 acres, including river frontage. Galbraith enticed hundreds of farmers to

Livestock

Lower Loonie To Draw More U. S. Buyers

By Amanda Lefley July 15, 2010

– Rick Wright,Heartland Order Buying Co. “There will be more competition from the U. S. for Canadian cattle this fall.” The outlook for the Manitoba cattle industry includes reduced cattle movement, aggressive U. S. buyers, a possibility of lower feed prices, later deliveries, an increase in demand for yearling cattle, and steady cow prices. During

Beef cattle, Livestock

Meat Price Surge Not Expected In Canada

By Ron Friesen June 17, 2010

“There’s definitely a stall on here.” – PERRY MOHR Canada is unlikely to see a surge in meat prices this summer, unlike the United States, where pork and beef prices soared earlier this spring. The wholesale price of pork in the U. S. increased as much as 25 per cent in April, while beef rose

News, Oilseeds

Flax Is Fabulous For Food

By Allan Dawson April 1, 2010

“Nobody else in the world can do it – take the oil, put it in a bottle and keep it stable for the period of time that we can.” – JIM DOWNEY Ask Jim Downey, CEO of Brandon-based Shape Foods, why he’s so energized and the former deputy premier and Progressive Conservative MLA for Arthur,

Forages, News

In Briefs continued from page 2 – for Feb. 25, 2010

February 25, 2010

Move over Canada: China is rapidly moving up the ranks towards becoming the U. S.’s top market for agricultural exports. The Asian economy will replace Japan as the No. 3 market for U. S. farm exports this fiscal year and in a few years it could be the largest buyer overall, said the USDA Feb.

Livestock

Herd Cutbacks Eat Into Ridley’s Q2

February 25, 2010

Winnipeg feed maker Ridley Inc. reports higher profit in the last three months of 2009, even as its feed sales drop due to cutbacks in Canada’s livestock herds. The company reported net earnings of $5 million on gross revenue of $150 million for its second quarter ending Dec. 31, down from $700,000 on $163.6 million

News

Many Pigeon King Investors Out Of Luck

By Jim Romahn February 4, 2010

There is little hope that farmers who invested in pigeons will get anything out of the personal bankruptcy of Pigeon King Arlen Galbraith, judging by a preliminary report from Susan Taves of BDO Dunwoody. Among those creditors are 22 from Manitoba. About two dozen people showed up for a meeting of creditors here recently and

News, Pulses

Pigeon King Bankruptcy Proceeds

By Jim Romahn January 21, 2010

The Pigeon King, Arlan Galbraith, has about $376,000 worth of assets to cover almost $700,000 worth of claims in his personal bankruptcy case. They at least have some hope of recovering some money, whereas most of the investors who dealt with Pigeon King International Inc. will get nothing because the company had nothing left to

Field-by-field mapping could improve yield, productivity predictions

U.S. grains: Corn futures edge up, soybeans sag on improving US crop ratings

U.S. livestock: Cattle futures up, hogs mixed

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