Proxy battle looms for May in Agrium-Jana standoff

Canadian fertilizer company Agrium Inc. has failed to prove that it should keep its two main divisions together, and also needs to cut costs and use capital more effectively, activist shareholder Jana Partners said Feb. 7. Jana, the largest Agrium investor with six per cent of shares, was rebutting a presentation the company made to

Antimicrobial resistance monitoring on the way for broiler operations

A rise in antimicrobial resistance has prompted officials to start monitoring chicken operations in four provinces. The Canadian Integrated Program for Antimicrobial Resistance Surveillance (CIPARS) will begin monitoring broiler chicken operations early this year, the Public Health Agency of Canada said in a statement. The expanded surveillance project will gather data from farms in Ontario,


Let’s try to waste less food

Have you thrown out any food recently? Did you find less-than-appetizing food hiding in your refrigerator? Was it in an opaque container that may have startled you when you opened it to view the contents? Have you happened upon food well past its “use by” date in your cupboard or refrigerator? If you discarded food



Agrium profit, outlook slump on lower potash sales

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

U.S. meat producers may pare back output

Reuters / Despite nearly record-high feed prices, U.S. meat production has continued to trend higher in recent months, and the latest monthly statistics show that beef, pork and chicken output all remain above the five-year average. Brisk meat exports combined with strong domestic wholesale and retail prices have encouraged these high production levels, but a


Hedge fund continues to push for Agrium breakup

Reuters / Hedge fund Jana Partners LLC, the largest shareholder in Agrium Inc., is calling for the company to be more open to discussing ways to boost shareholder value. Jana, which has been pushing for a split of the Canadian fertilizer company’s wholesale and retail division, says Agrium’s responses to the issues it has raised

Canadian farm groups want curbs on Agrium’s clout

Reuters / Two influential Canadian farm groups will urge the country’s Competition Bureau to scale back Agrium Inc.’s proposed purchase of Viterra Inc. assets, saying Agrium might become too powerful in the sale of fertilizer and other crop supplies. In a $6.1-billion deal, global commodities giant Glencore International PLC will buy Viterra, Canada’s biggest grain



New campaign urges Manitobans to buy local food

Increasing awareness of food products produced and processed in Manitoba and making them easily identifiable to consumers on store shelves and on restaurant menus are objectives of new Buy Manitoba campaign

A new campaign launched in Manitoba this week will urge food shoppers to “taste, smile, repeat,” by discovering Manitoba-grown, -raised and -processed foods and buying them more often. Buy Manitoba is a multi-year awareness and promotion which was to be unveiled at a Canada Safeway in Winnipeg April 26. It will help consumers easily identify