Reading Time: 2 minutes Chicago | Reuters — Deere and Co. on Wednesday said it will cut costs and ramp up investment in data-driven agriculture technology and its services business to make itself more profitable. In a pitch to investors, CEO John May said the measures are expected to boost operating profit margin to 15 per cent by 2022 […] Read more
Deere bets on cost cuts, services push to boost profits
Syngenta owner ChemChina to merge ag assets with Sinochem’s
Reading Time: < 1 minute Zurich | Reuters — ChemChina and Sinochem are consolidating their agricultural assets into a new holding company to be called Syngenta Group, ChemChina unit Syngenta said on Sunday. Chen Lichtenstein, current CEO of Shenzhen-listed crop protection company Adama, which will also be incorporated into the new group, will be nominated chief financial officer of the […] Read more
Grain groups give low marks to AgriStability tweaks
Reading Time: 3 minutes Ottawa — A recent meeting of the country’s agriculture ministers failed in providing effective support for farmers facing challenges, Grain Growers of Canada chair Jeff Nielsen says. Only minor changes were made to AgriStability, the main priority item on the agenda for the Ottawa meeting held Tuesday. Federal Agriculture Minister Marie-Claude Bibeau and her provincial […] Read more
Feds, provinces plan minor tweaks to AgriStability
Reading Time: 3 minutes Ottawa — Minor changes are coming to AgriStability following Tuesday’s meeting between federal Agriculture Minister Marie-Claude Bibeau and her provincial counterparts. Major changes, however, will have to wait. A full review of federal business risk management (BRM) will be completed in April, with the findings discussed when the federal, provincial and territorial ministers meet again […] Read more
Central Ontario MP named parliamentary ag secretary
Reading Time: 2 minutes A former Belleville, Ont. mayor will now play a backup role to the federal agriculture minister in the House of Commons. Neil Ellis, the Liberal MP for the Bay of Quinte constituency in central Ontario since 2015, was named Thursday as parliamentary secretary for the minister of agriculture and agri-food, Marie-Claude Bibeau. Ellis was a […] Read more
Farmers hit by trade disputes should be helped faster, Trudeau says
Reading Time: 2 minutes Ottawa | Reuters — Canada’s agriculture department should move more quickly to help farmers harmed by protectionist measures imposed by other nations, Prime Minister Justin Trudeau said Friday. Canadian farmers are caught up in a trade and diplomatic dispute between Ottawa and Beijing. In a formal letter of instruction to Agriculture Minister Marie-Claude Bibeau, Trudeau […] Read more
Chinese officials, Trump agree to tariff rollbacks
Reading Time: 3 minutes Beijing/Washington | Reuters — The United States and China cooled their trade war on Friday, announcing a “phase one” agreement that reduces some U.S. tariffs in exchange for increased Chinese purchases of U.S. farm goods. Chinese officials offered no specific details on the amount of U.S. agricultural goods Beijing had agreed to buy, a key […] Read more
NFU paper lays out solutions for climate, farming challenges
Reading Time: 2 minutes MarketsFarm — The global climate crisis is interlinked with the financial crisis on Canadian farms, according to a new discussion paper from the National Farmers Union (NFU). The paper proposes changes to agriculture practices that could help the sector become part of the solution to both major issues. Compiled by Darrin Qualman in collaboration with […] Read more
Federal Tories’ former associate ag critic takes lead chair
Reading Time: 2 minutes Andrew Scheer’s federal Conservatives will have a familiar face in the agriculture critic’s chair when the House of Commons reconvenes next month. Scheer on Friday named John Barlow, the MP for the southwestern Alberta riding of Foothills, as the lead opposition critic for agriculture and agri-food. Barlow replaces Quebec MP Luc Berthold, who takes up […] Read more
Bloc Quebecois president tapped as party’s ag critic
Reading Time: 2 minutes The Bloc Quebecois will head into the House of Commons next month with a new critic handling the agriculture portfolio. Bloc leader Yves-Francois Blanchet has named Yves Perron, the rookie MP for Berthier-Maskinonge, as the party’s critic for agriculture, agri-food and supply management. As the Bloc’s ag critic, Perron replaces Mirabel MP Simon Marcil, who […] Read more
A message from April Stewart, Country Guide's Associate Editor
