Reading Time: 2 minutes Agriculture’s future will rely on attracting capital. In the past, capital typically came from banks or family. But the changing demographic of farmers and farmland owners means that many farms and a tremendous amount of farmland will change hands over the coming decade. To add to the list of challenges, inflation and farmland appreciation has […] Read more
Attracting the right kind of capital in agriculture
Capital is required to grow the farm business but sometimes it takes an innovative approach
The other option to renting farmland
[The Rent Shakeup: Investors] The decade’s big news in farmland renting is why not to do it, as these investors won’t hesitate to tell you
Reading Time: 9 minutes No matter where they farm and no matter what they grow or produce, farmers lose sleep over the same questions, because no matter who they are, there aren’t any simple answers. How do you expand? How can you pick the right new technologies and invest in them? And, perhaps the most anxiety producing of them […] Read more
Alberta investment firm acquires Australian cattle portfolio
This is AIMCo's second agricultural acquisition 'down under' in the last two years
Reading Time: 2 minutes The portfolio consists of Yougawalla Pastoral Co and Argyle Cattle Co. It's a large-scale cattle breeding business spanning nearly 3 million hectares (7.4 million acres) or largely leased land in the Kimberly region of Western Australia, AIMCo said in the news release.
Buhler books bigger profit as supply chain issues pass
Company now seeking 'long-term investment partner'
Reading Time: 2 minutes The maker of Versatile tractors and Farm King equipment says the supply chain issues that have pressured its quarterly bottom line have begun to clear. Winnipeg-based Buhler Industries on Aug. 14 reported net income of $16.1 million on $67.6 million in revenue for its second quarter ending June 30, up from $1.1 million on $57.8 […] Read more
Feds lock in higher interest-free portion on cash advances
Budget boost in effect as of Monday
Reading Time: 2 minutes A further temporary increase to the interest-free chunk of cash advances available to Canadian farmers, as telegraphed in March’s federal budget, has now gone live. Agriculture Minister Marie-Claude Bibeau confirmed Wednesday that the interest-free limit under the Advance Payments Program (APP) for the 2023 program year is now $350,000, effective Monday (May 8). The regulatory […] Read more
Alberta plans new ag processing tax credit
Incentive to be introduced in 2023 budget
Reading Time: < 1 minute Alberta has telegraphed plans for a new provincial tax credit in its upcoming budget to spur development in the ag processing sector. The province on Tuesday announced plans for what it calls the Alberta Agri-Processing Investment Tax Credit — a 12 per cent, “non-refundable” tax credit for corporations making capital investments in “value-added agri-processing” in […] Read more
Activist investor reported building stake in Bayer, seeking breakup
Bayer up for 'constructive dialogue'
Reading Time: < 1 minute Reuters — Activist investor Bluebell Capital Partners has built a stake in Bayer AG and is pushing for a breakup of the German pharmaceutical and agriculture company, Bloomberg reported on Tuesday, citing sources. U.K.-based Bluebell is also seeking an overhaul of Bayer’s corporate governance, the report added. A Bayer spokesperson, who declined to comment on […] Read more
Sierra Leone passes new laws to boost landowners’ rights
Reading Time: 2 minutes Freetown | Reuters — Sierra Leone’s parliament on Monday passed two laws that lawyers say will help boost the rights of rural landowners and women against land grabs by big mining and agribusiness firms. The West African country has a history of sometimes deadly conflict between local communities and foreign companies that have cleared huge […] Read more
Feather sector’s on-farm upgrade program underway
Applications now being accepted for funding
Reading Time: 3 minutes The federal free trade compensation program to help Canada’s poultry and egg producers pay for on-farm upgrades, renovations and improvements is now taking applications. The $646.8 million, 10-year Poultry and Egg On-Farm Investment Program (PEFIP) is now formally underway, Agriculture Minister Marie-Claude Bibeau announced Monday. Each eligible Canadian producer is entitled to an amount proportional […] Read more
BAT looks beyond tobacco to Canadian marijuana
Lucky Strike cigarette maker buys into Moncton's Organigram
Reading Time: 2 minutes Reuters — British American Tobacco (BAT) said Thursday it will buy a nearly 20 per cent stake in New Brunswick-based cannabis producer Organigram for about 126 million pounds (C$221.3 million) as it seeks to expand beyond its main tobacco business. Organigram, headquartered at Moncton, grows cannabis and makes cannabis-derived products in the Canadian market, where […] Read more
A message from April Stewart, Country Guide's Associate Editor
