Business/Finance Archives - Page 41 of 63

New York Times findings on GM crops disputed

A Times study concludes GM crops don’t yield more than conventional ones,  but two Canadian agricultural economists found GM crops are worth billions

By Allan Dawson November 14, 2016

Genetically modified (GM) crops haven’t increased yields or reduced pesticide use as promised by developers, according to a study conducted by the New York Times published Oct. 29. But a Canadian study shows biotechnology, which includes genetic modification and new hybridization techniques in canola, boosted yields and put billions of extra dollars into farmers’ pockets.

Springstein-area farmers Andreas Zinn and his mother Monika Zinn are experienced direct marketers who see a growing demand for their production.

Local news

Direct Farm Manitoba begins membership drive

Direct Farm Manitoba has merged with Small Farms Manitoba to build up its membership base

By Lorraine Stevenson November 9, 2016

Andreas Zinn grew up on a farm in the breeder pullet business, but as a youngster he was mostly interested in his mother’s backyard flock. He’d eventually decide to farm. It was that flock that influenced him most, says Zinn. “I could see both management systems and the benefits of each,” he says. “But I

Brazil’s massive annual soybean harvests are making it the market mover in this crop.

International news, Pulse markets

Brazil cuts into U.S. soybean market share with China sales

Near-perfect weather in Latin America seen to supply soybean glut and fuel competition for sales

By Naveen Thukral November 9, 2016

Brazil is muscling in on the peak season for U.S. soybean sales to China, the world’s biggest buyer, as major producers vie to slim down bulging stockpiles after four years of record global output. In deals signed recently, exporters from the Latin American country have sold four shipments to China for delivery in November and

Prime Minister Justin Trudeau at the EU-Canada Leaders’ Summit and CETA signing ceremony in Brussels, Belgium on Oct. 30, 2016.

Comment

Ratifying CETA was the easy part

Now comes the hard work of dealing with domestic effects, like opening markets to dairy imports

By Sylvain Charlebois November 7, 2016

Looks like we are going ahead with CETA after all. After a few meltdowns and temper tantrums, both sides are now willing to ratify the deal. In the aftermath of several anti-trade occurrences in recent months, having a deal with the EU is nothing short of a miracle. CETA was initially about growth and prosperity,

Loading Harvested Wheat Into Truck, Alberta, Canada

News

Prairie harvest delays felt in CN’s revenues

The railway still booked higher overall grain/fertilizer revenue

By Manitoba Co-operator Staff November 4, 2016

Weather-related stalls in this fall’s Prairie grain harvest have chipped away at Canadian National Railway’s (CN) third-quarter financials, as the railway booked lower profits and revenues on “shifting traffic demands.” Montreal-based CN on Oct. 25 reported overall net income of $972 million on $3.014 billion in revenue for the quarter ending Sept. 30, down from

News

Scrapping maximum revenue entitlement will double farmers’ freight bill

Agricultural economist Derek Brewin concludes the MRE works for farmers  and the railways and has resulted in a more efficient system

By Allan Dawson November 4, 2016

Western Canadian farmers will pay the railways at least double what they do now to ship grain if the maximum revenue entitlement (MRE) is phased out as recommended in the Emerson Report. “The increase is somewhere between 100 and 150 per cent in real rates if we remove the MRE,” University of Manitoba agricultural economist

A current aerial photo of HyLife’s packaging plant in Neepawa. Expansion plans include increasing the plant by 130,000 square feet.

Hogs, Livestock

International success leads to HyLife expansion

After finding success overseas in the Asian markets, Manitoba pork processor,  HyLife will be undertaking a major expansion to keep up with demand

By Jennifer Paige October 31, 2016

A planned expansion at the HyLife pork-processing plant in Neepawa is good news for the entire hog sector. HyLife is planning a major expansion of the company’s finishing and processing capacities, a move made necessary by strong demand for its products, the company says. We produce a great product and consumers want to buy it,

Beef cattle, Livestock Markets, Opinion

BeefTalk: Lower prices need lower costs

The first step to lowering costs is knowing the costs

By Kris Ringwall October 31, 2016

The daily CattleFax report just popped into my email and was not the positive news one would like. The Oct. 10 values were $98.87 for live cattle and $124.65 for feeder cattle (all figures U.S. funds). I had a simple thought: “What, two-digit live-cattle prices!” My second thought: “We have got to get costs down!”

Good grain transportation is vital to Manitoba farmers and their customers, Manitoba Agriculture Minister Ralph Eichler told the 21st annual Fields on Wheels grain transportation conference Oct. 21.

Crops, News

Farmers pay the freight

That’s the message Transportation Minister Marc Garneau heard two weeks before he unveils a plan to revamp Canada’s transportation system

By Allan Dawson October 28, 2016

Western farm leaders’ meeting with Transportation Minister Marc Garneau in Saskatoon Oct. 20 appears to have been just in time. Garneau is scheduled to present his strategic plan for the future of Canadian transportation Nov. 3 in Montreal to the Chamber of Commerce of Metropolitan Montreal. The plan, which follows a review of the Canada

Editorial, Opinion

Editorial: Of interest

By Gord Gilmour October 27, 2016

Ordinarily there’s not much interesting about interest rates. If things are functioning as they should, most of us rarely think about them. Anyone who does bring them up soon finds it’s a surefire topic to make a dinner companion’s eyes glaze over. But when they do get interesting, it’s rarely a good news story. Just

Daily Network News

U.S. livestock: Cattle, hog futures rise on first WASDE since September

U.S. export sales include only small soybean business to China

U.S. corn and soybean yields revised down by USDA

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