(NSCorp.com)

CP scraps plans to buy Norfolk Southern

Reuters — Canadian Pacific Railway said on Monday it had scrapped efforts to buy Norfolk Southern, almost six months after it launched its unsolicited US$28 billion bid for the fourth-largest U.S. railroad operator. The announcement comes days after the U.S. Justice Department urged the Surface Transportation Board to reject a voting trust arrangement CP had […] Read more



Red lentils. (PulseCanada.com)

Saskatchewan lentil acres seen rising

CNS Canada — The International Year of the Pulses is certainly living up to its name, as territories capable of growing them look to cash in on India’s insatiable demand for supplies. However, it seems not all pulses are created equal, as lentils appear to be the main driver, with peas coming in second. “It […] Read more

(Dave Bedard photo)

CPP reported in talks for stake in Glencore agribusiness

Reuters — Commodity trading and mining firm Glencore is in advanced talks to sell a stake in its agricultural business to the Canada Pension Plan Investment Board (CPPIB), the Wall Street Journal reported, citing people familiar with the matter. The CPPIB would take a stake of up to 40 per cent, valuing the business at […] Read more


(Rahr.com)

Alberta to launch malt barley insurance

Alberta is set to launch Canada’s first crop insurance product for malt barley this year. The province’s Agriculture Financial Services Corp. (AFSC) last week said it will now provide insurance coverage for a malting end-use for growers with malt barley contracts. The coverage is subject to a contract from a licensed buyer, with a minimum […] Read more



Red lentils. (PulseCanada.com)

Growers plan to plant pulses, but seeds scarce

CNS Canada — Farmers are eager to grow peas and lentils this year, but sourcing those seeds could prove difficult, according an industry group official. “We have heard that given the expected increase in area for both peas and lentils this year, the availability of good-quality seed could be a challenge,” said Carl Potts of […] Read more




(RBAuction.com)

Ritchie Bros. buys Mascus online equipment sites

The Canadian operators of the world’s biggest equipment auctioneer have bought worldwide online equipment listing service Mascus. Burnaby, B.C.-based Ritchie Bros. announced Friday it has bought 100 per cent of the equity in Amsterdam-based Mascus for 24 million euros (C$36.8 million), plus up to 3.4 million euros (C$5.2 million) more, pending certain performance targets being […] Read more