Agriculture Machinery & Farming Equipment

Variable rate technology firm Farmers Edge, whose services include lab analysis of soil, seed and plant tissue, has picked up venture capital funding for expansion. (FarmersEdge.ca)

Minogue: Precision farming seeks new converts at new price point

By Leeann Minogue November 11, 2014

Reading Time: 2 minutes Silicon Valley venture capital firm Kleiner Perkins Caufield + Byers is investing in ag technology with a new stake in Farmers Edge — which in turn now hopes to build its services’ popularity through more attractive pricing. Winnipeg-based Farmers Edge is one of a number of companies hoping to profit from new technology by packaging data solutions […] Read more

The CWB Marquis is expected to be in Canadian waters by the end of next month. (CWB photo)

Crops, Machinery

First of CWB’s laker vessels en route to Canada

By Country Guide Staff November 10, 2014

Reading Time: 2 minutes The grain company formerly known as the Canadian Wheat Board expects to have its first of two laker vessels in Canadian waters by the end of the year. CWB announced Monday it took delivery of the first vessel, an Equinox-class boat dubbed the Marquis, effective Oct. 31, and expects it to sail through the Panama […] Read more

Machinery, Machinery Guide

Small tractors nimble, but no shortage of power

Machinery Guide: John Deere 6R, Challenger MT500E, Massey Ferguson 7700, and Fendt 700 Series

By Ralph Pearce November 4, 2014

Reading Time: 3 minutes The fall of 2014 will be remembered for all the improvements that manufacturers are making in small commercial tractors in the 120- to 220-horsepower class. Despite the trend towards “bigger, wider and more powerful,” these tractors are showing they can compete based on nimbleness, adaptability and durability. Below, we feature offerings from four different manufacturers, […] Read more

Crops, Machinery, Reuters

Agco posts lower profit on falling crop prices

By Reuters October 28, 2014

Reading Time: < 1 minute Reuters — Agco Corp. posted a lower quarterly profit Tuesday as growers around the globe, faced with falling prices for farm commodities, purchased fewer tractors and harvesters. The company, which makes equipment sold under the Challenger, Fendt, Massey Ferguson and Valtra brand names, reported a third-quarter net profit of $65 million, down from $125.2 million […] Read more

Crops, Machinery, Reuters

Smoother grain flow points to Ottawa lifting rail regulations

By Rod Nickel October 28, 2014

Reading Time: 3 minutes Winnipeg | Reuters — Barring a sudden pile-up of grain across Western Canada in the next five weeks, Ottawa will lift requirements that railways move minimum volumes of crops, Agriculture Minister Gerry Ritz said in an interview. While Ritz says he is not ruling out any options before the rules expire Nov. 29, government data […] Read more

Crops, Machinery, Reuters

PotashCorp fined for mine worker’s death

October 22, 2014

Reading Time: < 1 minute Reuters — A Saskatchewan court has fined PotashCorp $280,000 following a mine worker’s death in 2012 when a machine used to move ore to conveyor belts backed over him. A Provincial Court judge in Saskatoon fined PotashCorp on Tuesday after the world’s biggest fertilizer company pleaded guilty to one charge of failing to comply with […] Read more

Crops, Machinery, Reuters

CP CEO says unlikely to pursue hostile bid for CSX

By Allison Martell October 21, 2014

Reading Time: 2 minutes Toronto | Reuters — Canadian Pacific Railway (CP) is still open to a merger with one of the two bigger eastern U.S. carriers even after talks with CSX Corp. failed, though a hostile bid is unlikely, CEO Hunter Harrison said Thursday. CP, Canada’s No. 2 railway with extensive operations in the U.S., said on Monday […] Read more

Crops, Machinery

Larger grain handle helps boost CN’s Q3

By Country Guide Staff October 21, 2014

Reading Time: 2 minutes A markedly larger grain and fertilizer handle in the three months ending Sept. 30 has helped pump up the third-quarter bottom line for Canadian National Railway (CN). Montreal-based CN on Tuesday reported third-quarter net income of $853 million on $3.118 billion in total revenue, up from $705 million on $2.698 billion in the year-earlier period. […] Read more

Crops, Machinery, Markets

Prairie grain revenue up as CP books record Q3 profit

By Country Guide Staff October 21, 2014

Reading Time: 2 minutes An increased grain handle for the three months ending Sept. 30 has helped boost Canadian Pacific Railway (CP) to its highest third-quarter profit ever. Calgary-based CP released its Q3 results Tuesday, reporting record net income of $400 million on record total revenue of $1.67 billion for the quarter, up from $324 million on $1.534 billion […] Read more

Crops, Machinery, Markets

CP, CSX no longer talking merger

By Country Guide Staff October 20, 2014

Reading Time: < 1 minute Canadian Pacific Railway (CP) has shut down last week’s media buzz about any possibility of a merger with the third biggest railway in the U.S. The Wall Street Journal and other media recently reported Calgary-based CP and Jacksonville-based CSX had held “exploratory talks” about combining their operations. [Related story] CP on Monday confirmed it had […] Read more

Daily Network News

New strategies needed for Canadian agriculture to stand out in global trade

Feed Grains Weekly: Cash prices for wheat, barley largely flat

The Canadian GMO mustard wars: Dijon vs canola

Machinery

Minogue: Precision farming seeks new converts at new price point

First of CWB’s laker vessels en route to Canada

Small tractors nimble, but no shortage of power

Agco posts lower profit on falling crop prices

Smoother grain flow points to Ottawa lifting rail regulations

PotashCorp fined for mine worker’s death

CP CEO says unlikely to pursue hostile bid for CSX

Larger grain handle helps boost CN’s Q3

Prairie grain revenue up as CP books record Q3 profit

CP, CSX no longer talking merger

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