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Today, on the first day of the 2023 Advance Payments Program (APP), Canadian Canola Growers Association (CCGA) issued over $300 million in cash advances, providing more than 1,500 farmers across Western Canada with working capital to help get the growing season off to a productive start. “Rising costs for inputs and successively rising interest rates […]

CNH Industrial, parent of the Case IH. New Holland, Steyr and Flexi-Coil farm equipment brands, has signed a cash deal to buy satellite positioning tech firm Hemisphere GNSS, parent of the Outback Guidance aftermarket GPS, precision ag and autosteer business. CNH has announced it will pay $175 million US for Hemisphere, which has been owned since […]

The federal government’s 2023 budget calls for a new pilot program to again provide Prairie grain shippers with extended interswitching. A non-financial line item in that envelope calls for the government to introduce amendments to the Canada Transportation Act for a “temporary extension, on a pilot basis” of the interswitching limit in the Prairie provinces, to “strengthen […]

Legislative amendments that would exempt farmers’ eligible purchases of natural gas and propane from federal carbon pricing are now en route to Canada’s Senate. Bill C-234, a private member’s bill passed third reading for adoption in the House of Commons yesterday by a vote of 176-146. The bill, introduced in February last year, amends the federal Greenhouse […]

Springtime still seems distant for southern Manitoba as snow remains and freezing temperatures persist. However, provincial pulse specialist Dennis Lange says current conditions are setting up well for seeding after temperatures rise and snow melts. In its latest flood outlook released last Wednesday, the province projected a major risk of flooding along the Red River due to […]

Federal Finance Minister Chrystia Freeland’s latest budget envelope for Canadian farmers up against rising costs of production includes a temporary boost to the interest-free portion of cash advances. Freeland’s 2023 federal budget, released yesterday, includes $13 million in 2023-24 for Agriculture and Agri-Food Canada to temporarily increase the interest-free limit for loans under its Advance […]

Canada will be exporting more potash to a South Asian country. On March 17th, federal Trade Minister Mary Ng announced a contract between Canpotex, a Saskatchewan-based potash supplier, the government of Bangladesh and the Canadian Commercial Corporation. Established in 1946, the Canadian Commercial Corporation is a Crown corporation that supports international trade by helping Canadian […]

CN and CP Rail supplied a combined 91% of hopper cars ordered in grain week 33, an improvement from the previous week’s 88% and the best performance seen for the two railways combined since week 4 in late August. The improvement in performance reflects a slight decline in performance for CN and improved performance for CP. […]

Japan is lifting the last of its restrictions against Canadian beef, 20 years after BSE devastated this country’s cattle industry.  The federal government says Japan is reopening its doors to processed beef and beef patties from Canada. The move puts an end to the market access barriers Japan put in place in 2003, after a case […]

Canada’s food and beverage manufacturing sector saw strong sales growth in 2022 despite a challenging environment according to the latest FCC Food and Beverage Report. Food and beverage manufacturing sales increased 10.6 per cent to $156 billion in 2022, with gains predominately coming from higher export values and strength in the grain and oilseed milling industry. Modest sales […]