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Shifting sands on international trade

Trade times have changed — and that puts Canada in a tough spot

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So what’s caused this move to protectionism after decades of freer trade? Call it the Trump effect. The United States, once the world’s leader in multilateral trade promotion, has derailed trade as it tries to win better deals for itself. “(I)n all honesty it’s affecting a lot of countries around the world because a lot
Kubota’s current highest-horsepower line of tractors is the M7 line, manufactured in France.
Equipment, News, Other

The next made-in-Canada tractor

What will Buhler make for Kubota’s move into the heavy-horsepower market?

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Japan’s Kubota Corp. is poised to join Massey Harris, Cockshutt and Versatile on the short but distinguished list of farm tractors made in Canada. Buhler Industries, already well known as the manufacturer of Versatile tractors at its Clarence Avenue plant in Winnipeg, has opened its factory floor to also produce Kubota’s highest-horsepower tractor yet for
Rick White, CEO of the Canadian Canola Growers Association says doubling the maximum cash advance to $800,000 or even $1 million, plus allowing farmers to repay 2018 canola cash advances with cash will help canola growers with cash flow following the loss of the Chinese canola market.
Local news, News

Changes to cash advances can help canola farmers’ cash flow: White

The Saskatchewan government says the entire loan should be interest free

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One way to help canola farmers suffering lower prices following the loss of the Chinese market is enhancing the cash advance program, says Canadian Canola Growers Association (CCGA) CEO Rick White. “We have a tool,” White, whose organization administers 98 per cent of Western Canada’s cash advances, said in an interview April 4. “That’s what
More oversight of the grocery industry is needed to prevent practices that unfairly squeeze dairy processors, says the CEO of Parmalat Canada.
Opinion

Opinion: Dairy industry should be compensated

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Excerpts from testimony by Mark Taylor, chief executive officer, Parmalat Canada, to the Standing Senate Committee on Agriculture and Forestry, Feb. 26, 2019. In order to address these challenges, it’s important that the Canadian government uphold the commitment made by Minister Freeland to compensate the dairy sector, including processors for losses resulting from these trade
The young farmer rebate program is part of MASC’s Bridging Generations Initiative.
Local news, News, Other

MASC increases young farmer rebate

Series of programs aimed at new entrants to farming begin today

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The Manitoba Agricultural Services Corporation (MASC) will increase the maximum eligible for the Young Farmer Rebate program to $200,000 from $150,000, effective April 1. Agriculture Minister Ralph Eichler announced the change on March 25 in Brandon. “Increasing the young farmer rebate supports our focus on young producers by reducing the cost of borrowing while they
Patty Rosher is the new general manager of KAP.
Local news, News

Patty Rosher new KAP GM

The new general manager has held roles at Manitoba Agriculture and the Canadian Wheat Board

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Patty Rosher is the new general manager of the Keystone Agricultural Producers. The province’s general farm organization announced the hire in a recent press release. “I am very pleased to welcome Patty to KAP. She brings with her a wealth of experience in our industry and the ability to continue KAP’s work of making farms
Local news, News

Roquette boosts plant beauty products

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The company behind a Portage la Prairie pea-processing plant is going into the plant-based cosmetics business in a big way. Roquette recently announced a “strengthened” arrangement with Sytheon, a U.S.-based specialty ingredient company for the personal care market in a media release. The two are partnering to produce cosmetic ingredients and cosmetic products derived from
Discover a new world with Columbus Wheat
Other, Our History

Discover a new world with Columbus Wheat

Our History: February 1983

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Columbus wheat was available for wide distribution in 1983, with attributes including yield higher than Neepawa, rust resistance and improved resistance to sprouting. Proposed changes to the Crow freight rate dominated news that month, with delegates to the Canadian Federation of Agriculture annual meeting rejecting an acreage-based subsidy in favour of paying it to railways
Corn has recently been under pressure from big crop pegs out of South America and chart-based selling, as well as general uncertainty in the markets over the future of U.S.-China trade.
Comment, Markets, Other

Comment: Long positions on corn liquidated

Funds sold their entire CBOT corn long position undetected during U.S. govt. shutdown

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Within the span of six weeks, commodity funds dumped bullish bets in Chicago-traded corn futures and options without the market’s knowledge. Market participants were under the impression that speculators closed out January relatively optimistic toward the grains. However, data from the U.S. Commodity Futures Trading Commission (CFTC) confirmed otherwise on Feb. 19. Hedge funds and
CN executive says shipping more Alberta oil won’t hurt grain shipping.
News, Other

Bitter cold delays CN grain car deliveries

Alberta oil won’t move at the detriment of grain, says VP Sean Finn

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Cold weather hurt Canadian National Railway’s (CN) grain-shipping performance week 29 (Feb. 10 to 16), but it’s confident it can quickly catch up. “Last week was a pretty tough week,” Sean Finn, CN’s executive vice-president of corporate services and chief legal officer, said in an interview Feb. 23. Temperatures across much of Western Canada fell

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