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Few surprises in StatsCan production report

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Reading Time: 2 minutes Market participants say there were few surprises in Statistics Canada’s production estimates for 2008, which were released this morning. However, the upward revision to the 2007/08 canola production estimate by the government agency managed to garner some major attention. Statistics Canada pegged 2008/09 canola output at 10.375 million tonnes, which compares with pre-report expectations that […] Read more
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Monsanto unloads bovine hormone business

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Reading Time: < 1 minute Eli Lilly and Company will buy Monsanto’s Posilac division for US$300 million, the companies announced Aug. 20. Monsanto put its bovine somatotropin business up for sale a few weeks ago, saying it wanted to focus more on its core strengths selling high-tech seeds and weed control to farmers. Elanco, headquartered in Greenfield Indiana, is the […] Read more
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Feds fund organic marketing

Reading Time: < 1 minute The federal government is providing organic farmers with over a quarter million dollars to fund marketing organic products to local customers such as childcare facilities, hospitals and schools. The $258,100 program was announced this week by federal agriculture minister Gerry Ritz, who says the program will benefit farmers, consumers and the environment. “Increasingly, families at […] Read more
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Grain Services Union head calls foul over Viterra replacement workers

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Reading Time: < 1 minute The head of the union representing grain handler Viterra’s striking office workers says he’s unhappy with some of the company’s tactics. The company has confirmed it is trying to recruit temporary replacement workers for its head office to replace the 200 employees, who have been on strike since July 7. It also says it will […] Read more
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OFA has concerns on Greenbelt expansion

Reading Time: 2 minutes The Ontario Federation of Agriculture (OFA) is concerned that a recent announcement by the province to expand the Greenbelt program could hinder agricultural productivity. “Farmers support preserving farmland but steps need to be taken to ensure Greenbelted farmland stays productive so we can continue to provide safe, high quality food to Ontarians,” says Geri Kamenz, […] Read more
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Feds fund BC blueberry industry

Reading Time: < 1 minute The Canadian government is ponying up $185,000 in funding to the B.C. Blueberry Council for three projects that will help ensure a profitable future for British Columbia’s blueberry growers. “Canadian blueberries are enjoyed around the world thanks to the hard work and expertise of our growers,” said local MP Nina Grewal. “The Government of Canada […] Read more
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Scotiabank launches new ag financing products

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Reading Time: < 1 minute Scotiabank has launched a new farm credit suite and new farm banking package for Canadian farmers that it says will help them respond more quickly to shifting markets and opportunities. Scotia Flex for agriculture, announced Monday, provides farming and agribusiness customers with the ability to customize their farm credit needs from a suite of credit […] Read more
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Cargill, Farm Credit Canada partner on input financing

Reading Time: < 1 minute Cargill and Farm Credit Canada (FCC) have entered into a unique national alliance to offer crop input financing to Cargill customers. Designed for growers producing and marketing grains, oilseeds and specialty crops, the new portfolio of products, marketed under the Performance Financing brand will be launched this fall. “We are excited to work with Cargill […] Read more
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Ontario and feds partner on food and beverage fund

Reading Time: < 1 minute The food and beverage processing industry in Ontario is getting a $3 million fund to encourage innovation. The Food and Beverage Industry Innovation (FBII) Fund is made up of equal contributions by the federal and provincial governments. “Innovation has always driven this sector and our government wants to ensure that proud tradition continues,” said local […] Read more
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Canada and China to collaborate on canola research

Reading Time: < 1 minute The National Research Council of Canada and the Oil Crops Research Institute of the Chinese Academy have signed an agreement to collaborate on research to improve canola production, the two groups said Aug. 5. “This is a historic event,” said Dr. Roman Szumski, vice-president of life sciences for the NRC. “For the first time, China […] Read more

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