ag news

Bunge-Viterra merger has groups raising concerns of possible lack of competition

Bunge-Viterra merger has groups raising concerns of possible lack of competition

Jun 14, 2023 | 4:56pm
A day after Bunge Limited and Viterra announced a deal that will see them merge into one agri-business company, reaction has been coming in. Jim Smolik, a stakeholder relations person with Western Canadian Wheat Growers Association, says the deal shows the reality of businesses having to increase in size in order to meet demand. “One […]
Peebles farm the Site of SenseHub Cow-Calf Field Day

Peebles farm the Site of SenseHub Cow-Calf Field Day

Jun 13, 2023 | 3:56pm
A piece of technology designed to help detect when cattle are in heat was tested Monday. The Saskatchewan Stock Growers Association hosted SenseHub Cow-Calf Field Day at D&N Ranch, just south of Peebles yesterday afternoon from 12-3 p.m. Dr. Samuel Wauer is the Associate Director of Cattle Veterinary Services with Merck Animal Health, the company […]
Canadian Cattle Association pleased with creation of Ag Trade Office in the Philippines

Canadian Cattle Association pleased with creation of Ag Trade Office in the Philippines

Jun 13, 2023 | 2:50pm
The Canadian Cattle Association is welcoming the creation of the first Indo-Pacific Agriculture and Agri-Food Office in Manila, Philippines. In a news release, the CCA says the office will offer technical expertise, support to Canadian exporters in the region, and a stronger diplomatic presence to bolster growth of exports. President of the Canadian Cattle Association […]
Bunge Ltd. and Viterra sign deal to merge into one agri-business company

Bunge Ltd. and Viterra sign deal to merge into one agri-business company

Jun 13, 2023 | 10:25am
After weeks of talks, a deal has been signed between Bunge Limited and Viterra to merge. However the deal is subject to approval from Bunge stakeholders and other regulatory approval, which is expected to be complete by mid-2024. Reports say under this agreement, Viterra’s shareholders will receive 65.6 million shares of Bunge, valued at about […]
Grain market this week: canola futures rebounded, wheat slightly higher

Grain market this week: canola futures rebounded, wheat slightly higher

Jun 9, 2023 | 4:44pm
A Commodity Futures Advisor with P.I. Financial described the performance of wheat futures over the last two weeks as “trading sideways.” Adam Pukalo says the July Minneapolis Wheat contract increased about 5 cents a bushel for the week. The July Canola contract however rebounded by 30 dollars for the week, and Pukalo says that contract […]
Water Security Agency responds to criticism of its Agricultural Water Stewardship Policy

Water Security Agency responds to criticism of its Agricultural Water Stewardship Policy

Jun 9, 2023 | 3:50pm
The spokesman for the Saskatchewan Water Security Agency says its Agricultural Water Stewardship Policy remains in development. Patrick Boyle responded after the Saskatchewan Alliance for Water Sustainability and NDP Critic for the WSA Erika Ritchie raised concerns about the Policy on Monday. Boyle says the Policy is “centred around water management”. “The goals of that […]
Short railway companies receiving $530-thousand to upgrade infrastructure

Short railway companies receiving $530-thousand to upgrade infrastructure

Jun 8, 2023 | 4:51pm
The Saskatchewan government is providing $530-thousand in funding to help short line railway companies upgrade track and other infrastructure. Other upgrades would include expansion, improved crossing surfaces and sightlines, bridge maintenance, and track rehabilitations The province says in a news release “grants are determined based on how much track each short line owns.” For example, […]
Sask. Cattlemen’s Association CEO “very hopeful” carbon tax exemption is passed

Sask. Cattlemen’s Association CEO “very hopeful” carbon tax exemption is passed

Jun 8, 2023 | 4:40pm
The CEO of the Saskatchewan Cattlemen’s Association is in the nation’s capital this week, focused on two pieces of federal legislation. Grant McLellan says one of the bills is C-282, a private member’s bill that he says makes it illegal for the federal government to discuss supply managed sectors during trade negotiations; the other is […]
Report: Bunge Ltd. and Viterra close to finalizing merger

Report: Bunge Ltd. and Viterra close to finalizing merger

Jun 8, 2023 | 2:38pm
The Reuters News Agency is reporting that a potential merger between Bunge Limited and Viterra is imminent. Sources told Reuters that Viterra’s shareholders, which include Glencore, Canada Pension Plan Investment Board and British Columbia Investment Management Corp., may sign off on the deal as soon as this weekend, and an announcement might be made next […]
Sask. agri-food exports up 75 percent in Q1

Sask. agri-food exports up 75 percent in Q1

Jun 7, 2023 | 11:47am
The first quarter of 2023 was good for Saskatchewan agri-food exports. The province says exports were up 75 percent in Q1, to an estimated $6-billion. Canola oil, canola seed, non-durum wheat, and lentils are the leading agri-food exports. The provincial government says high agri-food prices and increased supply are fueling the growth in export volume […]