Viterra posts “record” income

Canada’s biggest grain handler has beaten its own expectations for “synergies” from the merger of Agricore United into Saskatchewan Wheat Pool. Viterra last week announced profit of $288.3 million on $6.78 billion in sales and other revenues for 2008. A direct comparison isn’t available, since its 2007 results only included AU’s accounts for part of

Canada’s farmers nervously eye financial crisis

“I think what started out looking like a great year has suddenly… chilled a little bit.” Canadian farmers, alarmed by plunging commodity prices, are nervous that the global financial crisis could tighten up the credit they count on to tackle the rising cost of planting crops and feeding livestock. There have been few signs of