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(Dave Bedard photo)
General

Federated Co-op to close Calgary distribution centre

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Reading Time: 2 minutes The main supply outlet for Co-op grocery stores in southern Alberta and British Columbia is set to close in April as one of its main users takes its business elsewhere. Federated Co-operatives Limited (FCL) announced Thursday it will close its Calgary food distribution centre in April, a decision it said will eliminate just over 200 […] Read more
(Dave Bedard photo)
General, Machinery, Markets

New environmental rules expected to further lift diesel prices

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Reading Time: 2 minutes MarketsFarm — Diesel prices in Canada and the U.S. have increased marginally ahead of winter, which is expected for this time of year — but in the New Year, prices on the farm will likely be higher than normal, as the ocean freight industry adopts new environmental standards. While a farmer’s demand for diesel is […] Read more
File photo of propane tanks. (Joe_Potato/iStock/Getty Images)
Crops, Machinery, Reuters, Weather

U.S. states declare emergencies to help farmers in propane shortage

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Reading Time: 2 minutes Reuters — Regional shortages of propane, which is used for heating homes and barns and by farmers to dry their crops, have led to emergency declarations covering nine U.S. Midwest states amid late harvests of soggy grains. Iowa, Minnesota, North Dakota and Wisconsin declared state emergencies beginning in late October, and continued last Friday to […] Read more
(CalgaryCoop.com)
General, Markets

Calgary to step out of Federated Co-op grocery system

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Reading Time: 2 minutes Calgary Co-op’s grocery business plans to get all its goods from suppliers other than Federated Co-operatives (FCL) starting in April next year. Saskatoon-based FCL said Thursday it had received notice from Calgary Co-operative Association that it would “discontinue the procurement of all products for their grocery stores from FCL” at that time. The Saskatoon StarPhoenix […] Read more
(Country Guide file photo)
General, Machinery, Markets

Canada’s realized net farm income way down in 2018

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Reading Time: 3 minutes Stagnant farm cash receipts against significant increases in feed, fuel and interest costs have led to Canada’s biggest decline in realized net farm income in over a decade. That’s according to Statistics Canada, which on Tuesday released full-year farm income data for 2018, pegging realized net farm income for the year at $3.9 billion, down […] Read more
(File photo by Dave Bedard)
Crops, Machinery

Prairie grain freight cost index adjusted upward

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Reading Time: 2 minutes Corrected, May 6, 2019 and Jan. 7, 2021 — Canada’s big two railways can expect a small raise in the amount of revenue they get to keep from hauling Prairie grain in the coming crop year. The Canadian Transportation Agency (CTA) on Tuesday announced it will set the volume-related composite price index (VRCPI) at 1.4371 […] Read more
Finance Minister Bill Morneau appears at a pre-budget event March 14 at the Toronto Kiwanis Boys + Girls Clubs. (BMorneau.liberal.ca)
General, Machinery, Markets, Weather

Farm groups see something for everyone in federal budget

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Reading Time: 4 minutes Response so far from farm and agribusiness organizations to Tuesday’s pre-election budget suggests the federal government has managed to find at least one line item for everyone in the ag sector. Finance Minister Bill Morneau’s budget pledges compensation for supply-managed sectors facing financial hits from international trade pacts, funding for a new federal food policy […] Read more
(ThamKC/iStock/Getty Images)
Crops, Machinery, Markets, Reuters

Expanding E15 sales would have limited U.S. market impact, analysts say

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Reading Time: 3 minutes Chicago | Reuters — The Trump administration’s plan to allow year-round sales of higher-grade corn ethanol would have limited impact on the depressed U.S. ethanol market, with record supplies and prices for the fuel hovering near the lowest in a decade, analysts said. President Donald Trump announced the decision last week ahead of a campaign […] Read more
(Dave Bedard photo)
Crops, Machinery, Markets

Dwindling diesel supplies could boost price

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Reading Time: 2 minutes CNS Canada — Strong global demand and a looming North American harvest could send diesel prices higher in coming months. According to one energy analyst in Chicago, farmers may want to buy some fuel before prices get too high. “We’re telling our people to hedge some of your exposure, because we do think that, barring […] Read more

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