Calling its stock “significantly undervalued,” Potash Corporation of Saskatchewan plans to raise the ceiling on its recent share repurchase program to 10 per cent of its common shares. The share buyback program, which PotashCorp announced in January, was originally limited to five per cent of common shares, and that repurchase of cancellation of 15.82 million […] Read more
PotashCorp boosts share buyback
Near half of farmers pledge to food banks: poll
Almost half of all Canadian farmers have at least once donated some of their production to a local or international food bank organization, a new poll reports. The poll, conducted by Ipsos Forward Research with 1,048 farmers in early May this year, found 46 per cent of respondents have donated a portion of production. Of […] Read more
Prairie hail claims rise: report
Saskatchewan is headed for a record season in terms of insurance payments to farmers for hail damage, an insurers’ group reported Thursday. The Canadian Crop Hail Association, which releases a review every second Thursday during the crop season, said “all indicators point to heavy losses” this year in the province, due both to the severity […] Read more
Malting barley unchanged in mid-Sept. PRO
The Canadian Wheat Board’s latest mid-month pool return outlook for 2008-09 malting barley, issued to provide more timely price signals in a volatile market, hasn’t budged from August. The CWB on Thursday posted a new mid-month PRO of $348 per tonne for Select Canada Western (CW) two-row designated barley, and $328 per tonne for Select […] Read more
Ont. groups to collect livestock drugs, sharps
Ontario farmers will be able to take unused livestock drugs and sharps to collection sites in November under a new pilot program. The Ontario Farm Animal Council, in a release Tuesday, said its “clean sweep” pilot program will be held between Nov. 20 and 22 at six locations in southwestern and eastern Ontario. “Ontario is […] Read more
Canaryseed, mustard groups get new managers
Saskatchewan’s canaryseed and mustard growers have new management for their commodity groups. Saskatoon ag communications consultant Kevin Hursh, well known in the province for his weekly columns on farm issues, took over Sept. 1 as executive director of the Saskatchewan Mustard Development Commission and the Canaryseed Development Commission of Saskatchewan. Adele Buettner of AgriBiz, a […] Read more
CWB broadens wheat storage program
The Canadian Wheat Board has brought back its storage program to keep high-end milling wheat stored in reserve, but will expand it this year to run through all grain elevators across the Prairies. The CWB first introduced its Wheat Storage Program in 2007, with a limited sign-up and a July 31 sign-up deadline, running only […] Read more
Legislation backs Manitoba “inland port”
The Manitoba government has introduced a legislative package to set up a company overseeing development of an “inland port” based in northwestern Winnipeg and the neighbouring R.M. of Rosser. CentrePort Canada is to be a private-sector focused corporation that would build on Manitoba’s “well-established” network of air, rail, sea and trucking routes, the province said […] Read more
Malting barley institute names new chief
The Canadian Wheat Board’s former head of malting barley technical services and market development is the new president and CEO of the Brewing and Malting Barley Research Institute. Michael Brophy was named to the post at the end of August, institute chairman Ed McCallum said Wednesday in a release. The Winnipeg-based institute evaluates new malting […] Read more
Feds sued over CWB election spending changes
A Prairie farmers’ group says it has filed a lawsuit against the federal government over its removal of a spending cap on third-party campaigning in upcoming Canadian Wheat Board director elections. In a release Wednesday, the group Friends of the CWB said it plans to argue in court that the federal government’s recent amendment to […] Read more
Canadian Cattlemen Presents: Depth of Field
