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Crops, Pulses

Viterra to buy ILTA Grain pulse processing plant

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Creditor-protected Prairie pulse processor and exporter ILTA Grain is set to sell a next-to-new southern Saskatchewan facility to one of Canada’s biggest grain firms. Glencore Agriculture’s Viterra arm said Tuesday it has signed a purchase deal for the assets of ILTA’s processing facility at Belle Plaine, Sask., about 25 km east of Moose Jaw. Financial […] Read more
Crops, Soybeans

Ceres closes on option to buy Delmar Commodities

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U.S. commodities firm Ceres Global Ag Corp. has exercised its option and closed its deal to buy Manitoba grain merchandising firm Delmar Commodities. Ceres announced Friday it has completed the deal to buy all of Delmar’s shares for about $15.25 million in cash and assume about $7.6 million in existing term debt. The Minneapolis firm […] Read more
Crops, Machinery

Telus buys Farm At Hand

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Vancouver farm management software development firm Farm At Hand has become an arm of one of the Big Five in Canada’s communication services sector. Farm At Hand, which makes the cloud-based Crop Planner software suite for farmers and the Farm At Hand Agronomy suite for agronomists, announced Tuesday it has been wholly acquired by Telus […] Read more
Crops

Grain growers get extension on 2018 APP repayment

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Grain, oilseed and pulse crop growers who took out cash advances from the Advance Payments Program for the 2018-19 crop year will get an extra six months to repay, effective Friday. Federal Agriculture Minister Marie-Claude Bibeau on Thursday announced a six-month stay of default for APP advances on grains, oilseeds and pulses, to March 31, […] Read more
Canola, Crops, Markets

Input Capital cuts costs as delayed sales lift Q3 profit

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A hostile canola export market has left “commodity streaming” firm Input Capital paring back its staff count and halting its sales and marketing efforts. The publicly traded Regina company on Tuesday booked adjusted net income of $1.06 million on $4.95 million in adjusted total revenue for the quarter ending June 30, up from about $249,000 […] Read more
Crops, Pulses

Subway to test-market plant-based ‘meatball’ subs

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The world’s biggest fast food chain by number of outlets plans to test-market plant-based meat substitute at some of its Canadian and U.S. restaurants starting next month. Subway on Wednesday announced a “culinary innovation partnership” with Los Angeles-based processor Beyond Meat, beginning with a “Beyond Meatball Marinara” submarine sandwich to be tested at 685 Canadian […] Read more
Crops

Couche-Tard takes stake in cannabis retailer

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One of Canada’s biggest convenience store operators is moving ahead on its stated goal of getting into the retail cannabis business. Edmonton-based cannabis retailer Fire + Flower announced Wednesday it has issued a $25.99 million debenture, convertible to a 9.9 per cent ownership stake, to Quebec’s Alimentation Couche-Tard. The Laval-based firm said its planned investment […] Read more
General, Markets

Calgary to step out of Federated Co-op grocery system

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Calgary Co-op’s grocery business plans to get all its goods from suppliers other than Federated Co-operatives (FCL) starting in April next year. Saskatoon-based FCL said Thursday it had received notice from Calgary Co-operative Association that it would “discontinue the procurement of all products for their grocery stores from FCL” at that time. The Saskatoon StarPhoenix […] Read more
Crops, Lentils, Soybeans

Cargill not taking glufosinate-desiccated lentils

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One of the world’s biggest grain companies has decided not to chance accepting Canadian lentils that were desiccated with a well known herbicide. Cargill announced Friday it will now have a “no tolerance” restriction on glufosinate ammonia in its grain delivery terms for lentils, including lentils that have had the Group 10 herbicide applied in […] Read more

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending August 16, 2019.

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