In Briefs continued from page 2 – for Jan. 28, 2010

Field trip: Agriculture Minister Gerry Ritz is back from an agricultural trade mission to Mexico, Colombia, Guatemala and the United States. In Mexico he announced a $5-million investment under the Canada Brand Initiative to boost the Mexican appetite and raise consumer awareness of Canadian foods. “This initiative will further connect the Canadian maple leaf and

MP Wants To Cut Farming’s Red Tape

Ontario Conservative MP Bev Shipley wants to cut away some of the red tape that he says harms the competitiveness of Canadian farmers. Shipley, who represents Lambton-Kent-Middlesex, has presented a private member’s motion in the Commons to require federal regulators to include in their approval process consideration for “the equivalent scientific research and agricultural regulatory


In Briefs continued – for Jan. 7, 2010

CCIA to expand phone, web services: The Canadian Cattle Identification Agency plans to expand the hours of operation for its call centre and expand its website to include publications en francais. Starting Jan. 4, CCIA’s call centre will operate from 6 a. m. to 6:30 p. m. MST at 1-877-909-2333 (BEEF). The agency website (www.canadaid.ca)will

Funds Eye Poor-Performer Wheat In Hunt For Laggards

“Our discretionary managers… are long wheat because in an absolute sense it’s been extremely beaten up.” – ALEX ALLEN, EDDINGTON CAPITAL MANAGEMENT Wheat has been the poor cousin of commodities this year, losing value as star performers such as copper, lead and sugar have flown, but the humble grain is now beginning to catch the


“Fertilizer Wars” Throw Spotlight On Three CEOs

Mike Wilson, Steve Wilson and Mike Bennett are patient men. Embroiled in a nine-month three-way takeover battle, the chief executives of fertilizer companies Agrium Inc., CF Industries Holdings Inc., and Terra Industries Inc. have stayed in the headlines even as a recession and falling grain prices pushed the stocks of their companies off their 2008

In Brief… – for Nov. 12, 2009

Tainted hamburger: An outbreak of foodborne illness, linked to 157:H7 E. coli bacteria in ground beef in the U. S. has sickened 28 people and caused at least one death, the U. S. Centers for Disease Control and Prevention said Nov. 2. Fairbank Farms of Ashville, New York, recalled 545,699 lbs. of ground beef products


Agrium Profit Down, But Gets Regulatory Ruling

Agrium Inc. reported a 93 per cent plunge in its quarterly profit Nov. 4, but the fertilizer maker and agricultural products retailer expects sales to rebound in 2010. Calgary, Alberta-based Agrium, which is locked in a lengthy battle to buy U. S. rival CF Industries, said the sharp decline in profit was due primarily to

Ag Products Still On Buy, Sell List

Agricultural commodities will be an attractive investment opportunity in 2010 while gold could suffer a correction after rallies to record highs this year, a hedge fund manager at Federated Investors said Nov. 4. “A basket of agricultural commodities would seem sufficiently attractive as a long-term investment,” Steve Lehman, manager of the $1.48-billion Federated Market Opportunity


U. S. Sentiments Protectionist

The United States will not agree to a deal in world trade talks unless other countries make better offers to open their markets to U. S. farmers, manufacturers and service companies, two U. S. trade nominees said Oct. 4. “I believe a good deal is doable. But we will not do a deal at any

What Is The Manitoba Agri-Health Research Network?

The Food Development Centre at Portage la Prairie is a special operating agency of the Manitoba government and is involved in the development of grains and oil-seeds, fruits, vegetables, meat and bakery products for the supermarket shelf, as well as agricultural products for health. The FDC operates under a licence from the Canadian Food Inspection