Business/Finance Archives - Page 42 of 63

Grain profits tough to track

By Allan Dawson October 27, 2016

Although Viterra’s books are closed, its owner Glencore is publicly traded, giving the opportunity to gain some insight into the way the money flowed. Combing through them, ag economist Derek Brewin said he didn’t see irrefutable evidence of a windfall profit. But he also concedes he might have missed it. Despite marketing less grain in the

University of Manitoba agricultural economist Derek Brewin suspects grain companies captured $3.5 billion that should’ve gone to western Canadian wheat farmers due to a wider-than-normal export basis.

News

Wide basis cost farmers billions

The University of Manitoba’s Derek Brewin suspects  grain companies got the money instead

By Allan Dawson October 27, 2016

Who grabbed more than $3.5 billion in revenue from the Prairie grain trade over two recent crop years? Many have asked that question and now a University of Manitoba agriculture economist has weighed into the debate. Derek Brewin says it was likely captured by the various grain companies that pocketed the difference in the 2013-14

Workers assemble the plant-based hamburger patties during a media tour of Impossible Foods labs and processing plant in Redwood City, California.

Livestock, News

Packers put plants on plates

Meat packers can sense the shifting tide and are rebranding themselves as protein companies

By Rod Nickel October 26, 2016

Some major North American meat producers are clearing room on their plates for plant-based substitutes. They’re hedging their bets as consumer tastes shift and high-tech startups seek to create meat alternatives that taste like the real thing. The trend was highlighted on Monday when Tyson Foods, the biggest U.S. chicken processor, took a five per

Local news

Local farm groups teaming up

By Manitoba Co-operator Staff October 25, 2016

Small Farms Manitoba and Direct Farm Manitoba are joining forces. Direct Farm Manitoba is a new association formed after the Farmer’s Market Association of Manitoba broadened membership criteria this spring. Small Farms Manitoba is an online network created by Kalynn Spain who spent the summer of 2014 visiting and writing about smaller farmers in Manitoba.

European cheese is just one dairy product that’s set to enter Canada in greater volumes if looming trade deals are ratified.

Dairy cattle, News

Trade deals loom for dairy farmers

But compensation packages remain elusive

By Jennifer Paige October 20, 2016

International trade agreements continue to weigh on the minds of the province’s dairy producers. The Dairy Farmers of Manitoba held the first of its fall meetings on October 11 in Elkhorn, where conversations frequently turned to the looming Trans-Pacific Partnership (TPP) and Comprehensive Economic and Trade Agreement (CETA) with the European Union. “There was nothing

Dairy cattle, News

Fewer farms and processors but more dairy products

The economic contribution of Canada’s dairy industry continues to grow, a report says

By Alex Binkley October 19, 2016

Canadian dairy industry output has grown even as the number of dairy farms and processors has declined. That’s according to a recent study, commissioned by the Dairy Farmers of Canada. The study, by Montreal-based EcoRessources, looks at changes between 2013 and 2015 and is the latest biannual examination of the sector dating back to 2009.

KAP general manager James Battershill says a good carbon pricing plan can make farmers part of the solution to reducing greenhouse gas emissions and generate farmers some new revenues at the same time.

Crops, Local news

KAP takes proactive stance on carbon pricing

The group says a good plan could help farmers be part of the  solution and generate new revenue while doing it

By Allan Dawson October 13, 2016

Pricing carbon to encourage fewer greenhouse gas emissions and mitigate climate change will affect all Canadians, including farmers. How depends on the program each province implements. It could raise farmers’ nitrogen fertilizer and fuel costs, but sequestering carbon with zero-till or rotational grazing could earn credits offsetting some of those costs. And while some farm

The original 30-kilometre radius was intended for urban centres and moving product at port. It encompassed very few grain- loading facilities: six per cent had access at 30 kilometres. Now at 160 km, 92 per cent have access.” – Fiona Cook, Grain Growers of Canada

Cereals, News

Rail regulation vital to grain farmers

Temporary measures should be extended beyond next August because they’re forcing railways to be more competitive

By Alex Binkley October 12, 2016

Prairie farmers pay the price when the railways fail to move their grain on time. That was the message farm leaders had too, to the Commons transport committee recently, as part of a pitch to extend temporary competition provisions introduced in 2014 beyond next August 1. “In the 2014-15 year Canadian farmers paid $1.4 billion

Farmer Types on tablet computer with combine in the background

Comment, Opinion

Innovation must continue to drive equipment manufacturing

Smarter government policy that reduces administrative costs and lowers trade barriers can play an important role

By Leah Olson October 12, 2016

Innovation, Science and Economic Development Minister Navdeep Bains says he wants to make innovation a core Canadian value because it’s “the path to growth, the path that leads to a stronger middle class and higher-quality jobs.” Canada’s agricultural equipment manufacturers have known this for years. In fact, innovation is at the heart of Canadian agriculture,

Crops, Local news

Farmers Edge investing millions in sustainable crop production

Sustainable Development Technology Canada is one of the investors

By Allan Dawson October 11, 2016

Farmers Edge, the made-in-Manitoba global precision agriculture company, is investing millions of dollars in a bid to make crop production more sustainable. Sustainable Development Technology Canada (SDTC) announced a $6.1-million investment with Famers Edge Sept. 21. Farmers Edge and a consortium of partners will contribute another $12.2 million. The money will be used to develop

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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