Sales of “non-core assets” helped boost the year-end bottom line for Winnipeg farm equipment maker Buhler Industries, which on Tuesday reported higher net profit on lower sales for 2007. The company, which sold itself in 2007 to Russia’s Combine Factory Rostselmash, posted $8.01 million in net profit on $166.2 million in revenues, up from $4.58 […] Read more
Profit up, sales down for Buhler in 2007
Seaway traffic down in record-long season
Reduced traffic from ocean vessels and steel imports bit into the St. Lawrence Seaway’s total cargo volume for 2007, which dropped nine per cent from 2006 to 42.7 million tonnes, according to the company that manages the passage. Nevertheless, the St. Lawrence Seaway Management Corp. reported that the volume shows “the resilience of the system […] Read more
Québec kicks in $20M for crush plant
Québec’s provincial government will put up $20 million toward a planned new canola and soybean crushing plant destined for the province’s central region. Twin Rivers Technologies (TRT), a Boston-area chemical company specializing in fatty acids, glycerin, esters and biofuels, combined with ETGO (Entreprises de transformation de graines oleagineuses du Québec), a Québec oilseed processor, plan […] Read more
Pfizer buys into N.S.-made vaccine booster
Pfizer Animal Health has licensed a Halifax firm’s vaccine-boosting platform to develop new livestock treatments. Terms of Pfizer’s deal with ImmunoVaccine Technologies, announced Monday, weren’t disclosed, but the Halifax company will get signing fees and milestone and royalty payments as Pfizer begins to commercialize its VacciMax platform. The licensing deal allows Pfizer to use the […] Read more
Yeast additive approved for beef cattle
Levucell SC, a “rumen-specific” yeast additive for cattle feed, has picked up approval for a new label claim from the Canadian Food Inspection Agency (CFIA). The product’s manufacturer, Lallemand Animal Nutrition of Milwaukee, may now sell the product to beef cattle producers for use in their feeding programs. The company has also been allowed the […] Read more
CPR repair shop staff approve strike
Members of the Canadian Auto Workers (CAW) union at 22 Canadian Pacific Railway (CPR) repair shops across Canada have voted to strike if a contract can’t be reached by Jan. 29. CAW Local 101 members voted 85 per cent in favour of a strike, the union said in a release Friday afternoon. The union, which […] Read more
Sask. livestock loan paperwork available
Saskatchewan’s agriculture ministry has released application forms for its short-term loan programs for hog and cattle producers. The provincial short-term cattle loan program forms will be available at rural municipality offices and regional Saskatchewan Agriculture offices, the province said Monday. The deadline for completed applications for the cattle program is March 31. The maximum principal […] Read more
P.E.I. farmers import carbon credits
A group of Prince Edward Island farmers is offering residents an opportunity to invest in carbon credits — from Kenya. Farmers Helping Farmers, a P.E.I. group that has run exchanges with Kenyan farmers since 1980, plans to launch its new carbon credit program at its semi-annual meeting Jan. 12 (Saturday). “The program represents the first […] Read more
“Economic volatility” package seen shunning farmers
The federal government’s plan for a new $1 billion fund for so-called “one-industry” towns shows no signal of help for the country’s battered livestock sector, the Canadian Pork Council said Thursday. Prime Minister Stephen Harper, visiting rural New Brunswick Thursday, launched his proposal for a Community Development Trust to “help provinces and territories assist communities […] Read more
Progress, setbacks seen in WTO proposal
A new working paper on export competition, domestic support and market access by World Trade Organization (WTO) agriculture chair Crawford Falconer shows progress on access for Canada’s farmers, the Canadian Federation of Agriculture said Thursday. The paper, seen as outlining Falconer’s view of the direction for WTO agriculture negotiations, recommends the “complete elimination” of in-quota […] Read more
Canadian Cattlemen Presents: Depth of Field
