Reading Time: < 1 minute Global food processing giant Nestle plans to shut a southeastern Ontario plant and move its work to sites in the U.S., citing a “highly competitive” market. The company announced Thursday it will start to wind down work late this year at the Nestle Professional plant at Trenton, where dehydrated dry-blend and frozen products are made […] Read more
Nestle to shut Ontario foodservice processing plant
Trenton facility to close in mid-2022
Lytton bridge re-opened but grain movement ‘hit and miss’
B.C. wildfires continue to disrupt Prairie grain movement
Reading Time: 4 minutes Canadian National Railway’s fire-damaged bridge at Lytton, B.C. reopened for traffic Tuesday — but all train movement, including for grain, through British Columbia’s wildfire-ravaged southern Interior, is “hit and miss” and will remain so until the fire risk lessens. “Both (CN and Canadian Pacific Railway) are having troubles because there are so many fires in […] Read more
U.S. Senate Democrats roll out draft bill to legalize weed
Reading Time: 2 minutes Reuters — Three top U.S. Democratic senators on Wednesday unveiled a discussion draft of a bill that aims to legalize cannabis, a move that would allow adult Americans to buy and possess up to 10 ounces of marijuana without facing criminal penalties. The Cannabis Administration and Opportunity Act floated by Senate majority leader Chuck Schumer, […] Read more
New rule on farm transfer tax treatment put off to 2022
Farm groups protest delay
Reading Time: 3 minutes Rule changes passed in a federal bill to standardize tax treatment for sales of family-owned farms and small businesses will be delayed to the start of 2022, to the dismay of several farm groups. Bill C-208, a private member’s bill spearheaded by western Manitoba Conservative MP Larry Maguire with amendments to the federal Income Tax […] Read more
The value of Alberta farms rises again
Rising land prices – fuelled by higher crop prices – up by $8 billion but debt also rose in 2020
Reading Time: 3 minutes Glacier FarmMedia – You’re richer than you think — and you owe more, too. That could be the theme of StatsCan’s latest snapshot of farm equity, the number you get when subtracting farm debts from the value of assets. If you had put all of the assets of every farm in Canada on the auction […] Read more
Interest rates biggest farm finance risk
Farm Credit Canada says the pace of debt growth has slowed but farmers need to have an interest rate risk management plan
Reading Time: 2 minutes Glacier FarmMedia – The expansion of Canada’s farm debt continued, but at its lowest pace in six years. Meanwhile Farm Credit Canada’s chief economist says that the potential for higher interest rates is the “darkest cloud” in that otherwise optimistic picture. Statistics Canada data showed outstanding Canadian farm debt increased by 5.9 per cent to […] Read more
CN, CP trains ordered to slow down against fire risk
Ministerial order in effect until Oct. 31
Reading Time: 3 minutes A new federal ministerial order calls for Canada’s big two railways to significantly cut their train speeds in any areas deemed to be at an “extreme” fire risk. “With extreme weather events occurring more severely and frequently in Canada due to climate change, it is important to have an adaptive regulatory system that responds to […] Read more
World Food Programme starts distributing food in Venezuela
Reading Time: 2 minutes Reuters — The U.N. World Food Programme (WFP) said Wednesday it had begun distributing school meals to children in Venezuela, where some seven million people require humanitarian assistance after years of economic collapse in the once-prosperous OPEC nation. The WFP’s first take-home rations were distributed for children under six years old at some 277 schools […] Read more
Co-op, Blair’s joint venture to sell one crop input centre
Regulator sees overlap between Co-op, Blair's at Lipton
Reading Time: 2 minutes A new joint venture formed to run seven existing crop input retail centres in central and southeastern Saskatchewan will settle for six. The federal Competition Bureau on Wednesday announced an agreement with Federated Co-operatives (FCL) and the ag retail arm of the Saskatchewan-based Blair’s Family of Companies toward approval of their proposed joint venture. Blair’s […] Read more
Moving towards a career with purpose
Discovering an interest in range management has broadened Jourdyn Sammons' educational opportunities
Reading Time: 3 minutes Glacier FarmMedia – When Jourdyn Sammons joined the University of Saskatchewan’s Range Team in her third year of undergraduate studies, it led to an exciting field of study that’s positively shaped her educational experience. “We talk about varying topics like ecology and grazing practices and multiple-use relationships, like how people can utilize rangeland for its facilities,” says Sammons, who grew up on a cow-calf and grain farm […] Read more