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Crops, General

Specialty crops bidding for acres in 2012

Reading Time: < 1 minute A North Dakota farm management specialist says returns from minor crops such as safflower, buckwheat, mustard, rye and millet may be more competitive this year. "It has been a challenge for buyers of minor crops to ‘bid for acres’ when prices for major crops, such as wheat, corn and soybeans, have been at historically high […] Read more
General, Machinery

Farmers going mobile at same rate as others, survey says

Reading Time: 2 minutes Canada’s farmers are investing in smartphones and tablets at the same rate as the rest of the population, Farm Credit Canada reports. The federal farm lending agency last week released a survey of its FCC Vision Panel, finding 29 per cent of farmers now own smartphones, compared to 30 per cent for other Canadians. Six […] Read more
Crops, General

How about $6,700 per acre for corn land?

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Reading Time: 2 minutes Corn country is getting more expensive — fast, according to the results of a new study released Dec. 14. With farmers and investors alike bidding up the cost of key acreage used for growing corn, soybeans and other crops, the average value for Iowa farmland has risen 32.5 per cent over the last year to […] Read more
Crops, General

Prairie canola variety data now available

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Reading Time: < 1 minute Comparative data on canola seed varieties is now available to growers from the new Canola Performance Trials (CPT) 2011. The CPT 2011 represents the next generation in variety evaluation for Western Canadian canola growers, providing science-based, unbiased and timely performance data that reflects actual production practices, as well as comparative data on leading varieties and […] Read more
General

Toronto investment firm buys into restaurant, pub business

Reading Time: < 1 minute Better known in the insurance and reinsurance sectors, a Toronto investment firm that controls a major livestock feed maker has been cleared to diversify into feeding people also. The Ontario Superior Court of Justice on Thursday granted approval for the friendly takeover of Mississauga-based Prime Restaurants by Fairfax Financial Holdings, the majority owners of Winnipeg […] Read more
General, Markets

Burned this year, funds wary of commodities in 2012

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Reading Time: 3 minutes New Year rallies have become so commonplace for commodities that fund managers have almost come to expect them. Not this year. Commodities indexes, metals and many other raw materials have seen big losses in 2011 and many investors say the prospect of another year of slack global growth is likely to keep them in cash […] Read more
General

Aflatoxin feed recalls in U.S. point to tighter rules ahead

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Reading Time: 3 minutes A series of recent recalls for pet and livestock feed in the United States for a corn-based toxic substance increases the pressure to tighten government food safety rules in proposals now being weighed by that country’s Food and Drug Administration, scientists say. "With the Food Safety Modernization Act coming into play into the grain industry, […] Read more
General, Livestock

Live cattle access resumes to UAE

Reading Time: < 1 minute  Agriculture Minister Gerry Ritz and International Trade Minister Ed Fast have announced that the Government of Canada has reached a new agreement on an export certificate with the United Arab Emirates (UAE). The agreement reopens a market that has been closed since a case of BSE was discovered in Canada in 2003. A government release […] Read more
General

Interest-free period extended on AgriStability overage

Reading Time: < 1 minute Farmers in provinces where the AgriStability program is delivered federally now have an extra year to pay back any program overpayments without interest charges. Agriculture and Agri-Food Canada announced Monday that the interest-free period for overpayments under AgriStability and its predecessor, the Canadian Agricultural Income Stabilization (CAIS) program, will now run until Jan. 1, 2013. […] Read more
General, Markets

Chicago traders revolt at change in CME rules

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Reading Time: 3 minutes Chicago pit traders are up in arms against a CME Group plan to use electronic trading to set grain and livestock closing prices, a move they fear will drive another nail in the coffin of open-outcry dealing. CME Group, already under fire from many traders for its delay in getting money returned to customers after […] Read more

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