Reading Time: 2 minutes CNS Canada — Prairie farmers are struggling to generate cash flow for their operations due to the lack of rail cars that are available to pick up their grain. “Spring is coming up, farmers need cash flow and we don’t get cash flow if your grain is sitting in a bin waiting for a train […] Read more
Tepid rail service cripples farmer deliveries on Prairies
And the Oscar goes to…
Brands claim top design awards at home and abroad
Reading Time: 4 minutes The Agritechnica machinery show in Germany, which takes place every two years, has its own set of Tractor of the Year awards. A group of European journalists pick what they collectively think are the best tractors in each of four different categories, including best field tractor, best utility, best speciality and best overall design. This […] Read more
Trump pushes for more talks after ‘no deal’ on biofuels
Reading Time: 3 minutes Reuters — U.S. President Donald Trump has asked for more talks between representatives of the oil and corn industries after a meeting on Tuesday failed to yield an agreement on how to help refiners cope with the country’s biofuels policy. Trump has called the talks between Big Corn and Big Oil amid rising concern in […] Read more
Cruz urges U.S. biofuel policy revamp at rally for bankrupt refiner
Reading Time: 2 minutes Philadelphia | Reuters — Republican Senator Ted Cruz of Texas on Wednesday urged President Donald Trump’s administration to push for an overhaul of the nation’s biofuels policy, during a rally at a Pennsylvania oil refinery that blames its bankruptcy on the controversial regulation. “We need a federal government that stands up for workers, not against […] Read more
Deere upgrades 2018 outlook on improving equipment demand
Reading Time: 2 minutes Reuters — U.S. farm equipment maker Deere and Co. on Friday boosted its sales outlook for fiscal 2018, citing strengthening conditions in agricultural and construction markets, sending its shares higher. For the past four years, Deere has been battling weak demand for farm equipment as a global grain glut pushed down prices, sending U.S. farm […] Read more
Plant protein supercluster makes cut for federal funding
Reading Time: 4 minutes At the table with artificial intelligence, big data, advanced manufacturing and ocean-based energy, Prairie pulse, oilseed and cereal crops are in for a share of federal support to spur innovation in Canada. Innovation, Science and Economic Development Minister Navdeep Bains on Thursday announced Protein Industries Canada (PIC) as one of five “superclusters” which will receive […] Read more
Re-energizing electric drive
Today’s concept tractors may never get beyond the prototype stage, but that isn’t going to stop electrification
Reading Time: 6 minutes It was one of those great opportunities that I savour. I was with two very senior executives from one of the full-line manufacturers, and we were having a casual and candid conversation over lunch. We were in a private dining room on the grounds of the Agritechnica machinery show in Germany. Eventually the conversation drifted […] Read more
Farmers Edge to use data to edge into insurance sector
Reading Time: 2 minutes Farmers Edge has signed a four-year agreement with global reinsurance company PartnerRe to bring precision farming technology together with ag insurance. Under the agreement announced this week, the two companies plan to work together to develop new insurance products for the agricultural market. While Canadian farmers have access to government-run, subsidized crop insurance programs, as […] Read more
Canola biodiesel processor in receivership
Reading Time: 2 minutes An eastern Saskatchewan biodiesel processor using growers’ heated, green, spring-harvested, tough and otherwise off-spec canola for feedstock is in receivership. Saskatchewan Court of Queen’s Bench on Thursday appointed Calgary-based insolvency trustee Hardie and Kelly as the receiver for Milligan Biofuels, which operates at Foam Lake, about 90 km northwest of Yorkton. Alberta’s Crown lending agency […] Read more
Moving freight to get more expensive for food companies
Reading Time: 2 minutes Reuters — U.S. food companies called out rising freight costs as a reason for lower profit margins in the holiday quarter, with more pain seen in 2018 as a dearth of drivers and higher diesel prices make it even more expensive to transport products to stores. Hershey, Mondelez International, J.M. Smucker and Campbell Soup said […] Read more