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Canada losing ground as food exporter

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Despite being an agricultural powerhouse, Canada is losing ground as a supplier of food products to the rest of the world, says a new report from the Canadian Agri-Food Policy Institute. Last year Canada imported $6.3 billion more food products and beverages than it exported — and the deficit has grown steadily since 2004 when
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OUR HISTORY: November 12, 1992

Among the stories in our Nov. 12, 1992 issue was a report on United Grain Growers delegates approving the company’s end as a co-operative and to become a public company on the Toronto Stock Exchange. Manitoba Pool Elevators also held its annual meeting the previous week, and had reported profit of $10.7 million and allocation
News

Agrium profit, outlook slump on lower potash sales

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Agrium shares slumped seven per cent after it reported a 56 per cent drop in third-quarter profit on lower potash sales and offered a weaker-than-expected outlook for the fourth quarter. Downtime at Agrium’s Saskatchewan potash mine and drawn-out contract talks with China and India hurt third-quarter performance, CEO Mike Wilson said. The company’s stock had
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Bipole route fails to consider effects on farming

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The needs of agriculture were ranked equally with garter snakes, while birds, mammals and caribou were given extra consideration

The following is an excerpt of a presentation by Niverville farmer Karen Friesen to the Clean Environment Commission hearings on Bipole III last month. The hearings are continuing in Winnipeg through November. Of the 20 million acres farmed in Manitoba, only 25 per cent is classified as Land Inventory Classes 1, 2, and 3 —
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Maple Leaf Foods profit falls 24 per cent

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Canadian food processor Maple Leaf Foods reported a 24 per cent drop in quarterly profit Oct. 31, after the company took a $13-million charge in the value of its hogs. Net earnings for the third quarter ended Sept. 30 fell to $32.6 million, or 22 cents per share, from $43 million, or 29 cents, a
Crops, News

Potash sales suffer as China and India stop buying

Reuters / PotashCorp of Saskatchewan’s third-quarter earnings fell 22 per cent as a standoff over new contracts led to a sharp drop in shipments to China and India, the world’s two biggest consumers of the company’s namesake crop nutrient. Overseas potash shipments by North American producers dropped by one-quarter to 1.9 million tonnes in the
Cereals, Crops, News

Richardson’s Vancouver terminal maxed out

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Richardson International plans to expand its 108,000-tonne Vancouver grain export terminal by 65 per cent to keep up with its growing business, the Winnipeg-based company announced last week. “Obviously with the changes to the Canadian Wheat Board it’s a much more competitive landscape, but there are also a lot more opportunities,” Tracey Shelton, Richardson International’s director of corporate
Livestock, News

FCC again offers $100,000 for ag safety projects

The Canadian Agricultural Safety Association (CASA) is partnering with Farm Credit Canada (FCC) to make farm communities safer through the FCC Ag Safety Fund. CASA will be accepting applications for the third consecutive year from charitable and non-profit organizations that need support to deliver various farm safety training programs in their communities or across Canada.
Cereals, News

Dedicated farm advocate Bob Douglas passes

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Bob Douglas, one of Manitoba’s pre-eminent farm champions, died Oct. 6 at the age of 80. “I think Bob is one of those unsung heroes that farmers just heard his name but didn’t know what he committed to them,” Earl Geddes, a former Keystone Agricultural Producers’ president, said in an interview Monday. “I’ve got nothing
Crops, News, Oilseeds

Nitrogen plants popping up like mushrooms

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Lured by the promise of cheap and plentiful natural gas, more hopefuls are jumping into the nitrogen fertilizer production. Earlier this spring, Northern Plains Nitrogen (NPN) launched plans for building a $1.5 billion North Dakota project, and in mid-September, CHS Inc., the largest farmer co-op in the United States, unveiled its plan to open a

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