AgraCity has told customers it will be unable to deliver outstanding product in a timely manner this spring due to cash flowproblems
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AgraCity says it is unable to fill orders
AgraCity has told customers it will be unable to deliver outstanding product in a timely manner this spring due to cash flowproblems
Waving Canadian flag not enough to keep rural business afloat
Buying Canadian won’t help save the local, rural small business; it needs to also be ‘Buy Local’
Buying Canadian won’t help save the rural small businesses that help keep farm communities vibrant; it needs to also be “Buy Local.”
Maple Leaf touts business model success
Maple Leafs Foods CEO talks about prioritizing values, fostering environmental responsiblity and rejecting “short-termism” over a decade of change for the food company
Maple Leaf Foods CEO says “new model capitalism” is helping the firm find success.
ADM quarterly profit falls on weak crush margins, announces layoffs
Chicago | Reuters – Grains merchant Archer-Daniels-Midland ADM.N reported a drop in fourth-quarter profit on Tuesday, pressured by weak oilseed crush margins and uncertainty over U.S. biofuel policy, and said it would be laying off up to 700 employees globally this year. Chicago-based ADM said it aimed to cut costs by $500 million to $750
Introducing Russell’s meat vending machine
New 'E Butchery' meat vending machine business lets consumers buy their meat in portion sizes they want, when they want it, direct from local farmers
The E Butchery on Main in Russell, Manitoba, introduces North America's first automated meat vending machine, offering consumers fresh, locally sourced meat in customizable portions.
Tyson Foods shares sink on worries over consumer demand, third quarter
Reuters – Tyson Foods TSN.N shares were on track for their worst one-day decline in a year on Monday after the U.S. meatpacker warned that consumers are under pressure from persistent inflation and high commodity costs could weigh on upcoming results. The Arkansas-based meatpacker reported second-quarter sales that fell short of analysts’ estimates, though profits
Opinion: The barons of the dinner table
New book pulls back the curtains on ag mercantilists
Manufacturers are “an order of men whose interest is never exactly the same with that of the public.” That quote is originally from the first economist, Scotland’s Adam Smith, almost 250 years ago, and is repurposed by writer Eric Schlosser in the foreword of Iowan Austin Frerick’s new book, “Barons: Money, Power, and the Corruption
Canadian potash mine in Amazon to proceed
The mine has sparked contention, with claims that it infringes on Indigenous rights in the region
Reuters – Canadian firm Brazil Potash Corp. will begin to build Latin America’s largest fertilizer mine in the Amazon rainforest this year after its project received an installation licence issued by the Amazonas state environmental protection agency (IPAAM), the company’s chief executive officer said April 9. Matt Simpson said the mine was not on officially recognized Indigenous land and the
Louis Dreyfus launches juice brand
The commodity giant will lean on its South American citrus production to source the European market
Reuters – Louis Dreyfus Company has launched its own juice brand. The product will first appear on shelves in France. The company hopes to use its orange production in Brazil to tap into demand for fresh and traceable fruit juices, the agricultural commodity group said March 12. LDC is a global trader and processor of
ADM accounting probe escalates in U.S.
FBI agents deliver grand jury subpoenas, sources say
FBI agents delivered grand jury subpoenas to current and former employees of grain trader Archer-Daniels-Midland during the first full week of March, three sources with knowledge of the matter told Reuters. The subpoenas were signed by officials at the U.S. attorney’s Manhattan office and delivered to recipients’ homes in the region of Decatur, Illinois, where
Cyber-Savvy Farmer
