London | Reuters –– Canada expects Britain to be part of the CETA trade deal between Canada and the European Union, and stands ready to work with Britain on how the system will function after Brexit, Finance Minister Bill Morneau told BBC radio on Wednesday. He also defended Canada’s NAFTA trade deal with the U.S. […] Read more
Canada expects Britain to be part of CETA
Loblaw reports better-than-expected profit
Reuters — Canadian grocery and pharmacy retailer Loblaw Cos. Ltd. reported a better-than-expected quarterly profit on Wednesday, as expenses fell and discounting attracted more shoppers. Profit at Loblaw’s main retail unit was helped by lower selling, general and administrative costs, and an increase in same-store sales in the quarter ending Oct. 8, the company said. […] Read more
EPA approves Monsanto’s dicamba weed killer
U.S. seeds and agrochemicals maker Monsanto Co. has secured approval from the U.S. Environmental Protection Agency for a new dicamba-based weed killer designed for its next generation biotech soy and cotton varieties, the company said on Wednesday. While approval had been expected, it is seen as a major step forward for the company’s newest herbicide […] Read more
Agrium posts quarterly loss
Reuters – Agrium, the Calgary-based fertilizer maker that’s in the midst of a merger with PotashCorp, reported a quarterly loss Nov. 3. The company reported a net loss from its operations of $52.2 million, or 39 cents a share in the third quarter, which ended Sept. 30. That’s compared to a net profit of $132.5 […] Read more
Maple Leaf profit jumps by over 70 per cent
Reuters — Meat processor Maple Leaf Foods on Wednesday reported a 70.4 per cent jump in quarterly profit as lower costs and higher prices boosted earnings at its prepared meats business. Maple Leaf said adjusted operating earnings in its meat products unit, the company’s primary source of income, more than doubled to $65.93 million in […] Read more
German cabinet approves draft law banning GM crops
Berlin | Reuters — The German cabinet has approved a draft law banning cultivation of crops with genetically modified organisms (GMOs), government sources told Reuters on Wednesday. Germany had announced in September 2015 that it will ban cultivation of crops with GMOs under new European Union rules allowing member states to opt out of their […] Read more
EU, Canada to hold trade summit Sunday
Brussels | Reuters –– The European Union and Canada will hold a summit to sign their free trade deal on Sunday, European Council President Donald Tusk said on Friday, after Belgium had cleared the agreement with its regional governments. “Mission accomplished! Just agreed with PM @JustinTrudeau to hold EU Canada Summit this Sunday,” Tusk said […] Read more
InVivo pursues co-op alliances to vie with grain, chemical giants
Paris | Reuters — France’s InVivo wants to expand international partnerships with other co-operatives, including in joint buying of crop supplies and shipping fixtures, as it tries to compete with global grain trading and chemical firms, its CEO said on Wednesday. InVivo, a grouping of 220 agricultural co-operatives and one of the largest exporters of […] Read more
U.S. agency seeks proof of criminal use of dicamba
Chicago | Reuters — The U.S. Environmental Protection Agency executed search warrants in parts of southeastern Missouri earlier this month to look for signs of improper use of the herbicide dicamba, the agency said on Tuesday. The searches stemmed from complaints that dicamba, which has only been approved for application on fields before planting season […] Read more
Ukrlandfarming owner in talks to sell stake
Kiev | Reuters — Ukrainian businessman Oleh Bakhmatyuk, the major shareholder in agricultural group Ukrlandfarming, is in talks with Chinese and Middle East investors about possibly selling a stake in the company, Interfax news agency said on Monday. Ukrlandfarming’s main businesses are grain and sugar production, livestock farming, the distribution of agricultural products and the […] Read more
Canadian Cattlemen Presents: Depth of Field
