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Crops, Machinery, Markets

CME to buy rival Kansas City exchange, head off ICE

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Reading Time: 4 minutes CME Group Inc. on Wednesday agreed to buy the Kansas City Board of Trade for US$126 million in cash, cementing CME’s dominance in world grain futures markets and keeping rival IntercontinentalExchange (ICE) from gaining an important foothold. It is CME’s first exchange purchase in five years since it wrapped up a buying spree that put […] Read more
Livestock, Machinery, Markets

Cattle tracking database updated for disease traceback

Reading Time: 2 minutes The process of registering a cattle operation for a premises ID number will change in several provinces as the Canadian Cattle Identification Agency (CCIA) updates its livestock tracking system’s traceback capability. The CCIA on Friday described the update to its Canadian Livestock Tracking System (CLTS) database as a "significant" development, designed to help producers and […] Read more
Crops, Machinery

Seed capital seen growing for FNA fertilizer project

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Reading Time: 3 minutes Midway through a 50-stop information blitz with 18 meetings across the Prairies in seven days, Farmers of North America (FNA) appears to see a strong show of support for its new project. The Saskatoon-based ag input buying group reports its farmer members have already bought more than 1,600 "seed capital units" — $1,000 investments in […] Read more
Crops, Machinery

Man. officials weigh changes after biofuel processor burns

Reading Time: 2 minutes A spectacular fire that destroyed Manitoba’s first licensed commercial biodiesel plant has the province’s fire commissioner pondering changes to the way such facilities are inspected. Manitoba’s Office of the Fire Commissioner on Friday said it’s completed its investigation of the Oct. 1 blaze at Speedway International, in an industrial-zoned area of Winnipeg’s St. Boniface district, […] Read more
Crops, Machinery, Markets

Energy reporting firm to buy Kingsman, boost biofuels role

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Reading Time: 2 minutes Energy reporter Platts will use its purchase of consultancy Kingsman to strengthen its coverage of biofuels but will find it harder to use the acquisition to extend its business model into grains and oilseeds, market sources said on Friday. Platts, a division of McGraw-Hill, announced on Thursday it was acquiring the sugar and ethanol consultancy. […] Read more
Crops, Machinery, Weather

Rooftop produce grower starts expansion drive

Reading Time: 2 minutes A Montreal "urban farming" business says it’s raised the funds it needs to expand its rooftop acreage in that city and expand its projects into Toronto and the U.S. Les Fermes Lufa, which operates what it calls the "world’s first rooftop commercial farm" in Montreal, said Tuesday it’s completed a $4.5 million financing drive to […] Read more
Livestock, Machinery

XL found lacking in E. coli documentation, beard nets

Reading Time: 3 minutes Under fire in the wake of XL Foods’ massive beef recall, Canada’s food safety watchdogs have gone public with the list of "corrective actions" they’ve ordered before the company’s Lakeside packing plant can reopen for business. The Canadian Food Inspection Agency on Friday released its corrective action requests (CARs) issued to the company following its […] Read more
Livestock, Machinery

Alta. to block developments on inactive oil wells

Reading Time: < 1 minute Alberta developers, who until now have been urged to steer clear of abandoned oil and gas wells when planning projects, will soon be told rather than asked. Amendments to the province’s Subdivision and Development Regulation, taking effect Nov. 1, will require permit applications from developers or municipalities to include information about whether abandoned wells are […] Read more
Winnipeg firefighters cool down the wreckage of Speedway International as demolition contractors move in. (Dave Bedard photo)
Crops, Machinery

Manitoba biofuel processor’s plant destroyed

Reading Time: 2 minutes Years after becoming Manitoba’s first-ever licensed commercial biodiesel processor, Speedway International has picked up a new and unasked-for distinction. “This was one of the largest fires that (Winnipeg Fire Paramedic Service) crews have attended with regards to number of firefighters and pieces of equipment used,” the WFPS said Tuesday after a second-alarm fire destroyed Speedway’s […] Read more
Crops, Machinery, Markets

Richardson to boost West Coast port grain storage

Reading Time: 2 minutes Grain handler Richardson International has applied for permits to boost its Port Metro Vancouver terminal’s grain storage space by about two-thirds. The Winnipeg company, currently Canada’s second-biggest grain handler, said Monday it plans to build an 80,000-tonne capacity concrete grain storage annex at its Vancouver port site. After it takes down its current steel storage […] Read more

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