Business/Finance Archives - Page 47 of 63

A shortfall of posted security means farmers owed money by  Naber seeds won’t get full payment.

RCMP investigate Naber Specialty Grains

Farmers will get 10 to 15 cents on the dollar

By Allan Dawson June 13, 2016

RCMP are investigating Naber Specialty Grains Ltd. after it was placed in receivership owing farmers more money than it has posted in security. “We have uncovered what appear to be irregularities in producer liability reports provided by Naber Specialty Grains Ltd. to the Canadian Grain Commission and as a consequence security posted by the company

News

Grain elevator group gives Emerson report thumbs down

After careful consideration, the WGEA concludes the report is flawed because it wrongly assumes rail competition exists in Canada

By Allan Dawson June 9, 2016

The association representing the largest grain handlers in Western Canada is breaking its silence and giving the Emerson report on transportation a failing grade. The Western Grain Elevator Association (WGEA) represents the six major grain firms and approximately 90 per cent of the West’s grain handle. WGEA says the fundamental issue appears to be that

Opinion

Big Seed’s big players prepare to dance

By Alan Guebert June 7, 2016

Since late last summer, Big Seed’s big players have looked more like anxious high school kids hoping to pair off for the senior prom than international businesses investing in new products and markets. The first to go courting was St. Louis-based Monsanto. Last August it offered nearly $46 billion for its Swiss classmate, Syngenta, only

Comment

Think food prices are high? Get ready for higher

Growing demand for 'organic' or 'natural' products will only increase the cost of food further, and reduce farm productivity

By Terry Daynard June 6, 2016

Food prices are up four per cent over last year in Canada — mainly because of the cheap loonie and more expensive imports. This has come as a shock to Canadians used to spending an ever-declining share of income on food. Worse yet, further increases likely await — and for a very different, more permanent

Crops, News

Agriculture and food add to booming exports

Manitoba’s diversified economy is paying dividends in  uncertain times

By Manitoba Co-operator Staff June 1, 2016

Manitoba’s export economy is on fire, and the agri-food sector is leading the way. Export Development Canada said Manitoba is on track to expand exports by four per cent in 2016 and five per cent in 2017, in its semi-annual forecast of global exports, released May 19. This performance reflects strength across the provincial economy,

Premier Brian Pallister (r), Wade Oosterman, Pat Solman and Chris Goertzen examine a map of Highway 75.

Local news

Pallister cheers on Bell expansion

Bell Canada is targeting Highway 75 in its expanded coverage plan — provided its  merger with MTS is approved

By Shannon VanRaes May 30, 2016

Reliable cellular service could be coming to Highway 75 if Bell Canada’s proposed multibillion-dollar take-over of Manitoba Telephone Services goes ahead. Speaking at the Morris Stampede and Exhibition grounds, Wade Oosterman, group president of BCE and Bell Canada, said the company promise to invest $1 billion in infrastructure over five years includes building three new

Grain and other bulk commodity shippers are voicing concerns that Canadian railway capacity is no longer up to the job of moving product to export markets reliably.

Crops, News

Railway capacity worries exporters

Shippers say the railways have been whittling away at their own capacity for years  and that’s affecting Canada’s national economic security

By Alex Binkley May 11, 2016

As bulk shippers contemplate future growth in their shipments, their concern over whether Canada’s major railways are up to the job is also growing. Jim Everson, Soy Canada’s executive director, says agriculture and resource sector shippers are concerned CN and CP may not have the capacity to deal with larger volumes. All the resource-based industries

Livestock Markets, Markets

New-crop lambs arrive for Orthodox Easter season

The latest sale had a 'clean out the flock' to prepare for the summer grazing season feel

By Mark Elliot May 6, 2016

The summer sheep and goat auction schedule is set to begin with one sale on the first Monday of every month. The approaching Orthodox Easter translated into strong bidding for 300 sheep and goats at Winnipeg Livestock Auction April 20. The bidding on the various ewes appeared to have dropped from the last sale. However,

Cereals, Markets

Drozd: Anemic corn market showing signs of life

Price improvements are coming despite anticipated large ending stocks for 2015-16

By David Drozd May 5, 2016

Corn futures at the Chicago Board of Trade rallied to a nine-month high in April 2016. The 55-cent-per-bushel gain may have come as a surprise to some market participants, given USDA is forecasting global corn ending stocks to be record large in 2015-16. However, there were signs the market had stopped going down, at least

News

Ag researchers calling for ongoing research evolution

The new federal government’s been saying all the right things, but that hasn’t translated into a lot of concrete action yet

By Alex Binkley May 4, 2016

A new federal government with a new focus has agriculture researchers feeling more hopeful, but they’re still waiting for clear signs research spending will rise. Serge Buy, the Agriculture Institute of Canada’s CEO, said the budget promised additional funding for agriculture research and restoration of federal labs that do basic science. It also restated a

Daily Network News

U.S. grains: Soy futures hit June 2024 high as China ramps up buying

U.S. livestock: Cattle futures rebound after tariff reduction news

Canadian food, agriculture coalition to underscore CUSMA importance in Washington

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