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Fruit/Vegetables

(McCain Foods Ltd. photo)
Crops, Potatoes

McCain french fry plant gets public funds for upgrades

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CORRECTED, Jan. 13, 2016: The Manitoba and federal governments are dipping into an agribusiness support fund to cover half the cost of equipment upgrades for McCain Foods’ french fry plant in the province’s southwest. Federal Agriculture Minister Lawrence MacAulay and provincial Agriculture Minister Ron Kostyshyn on Wednesday announced $380,000 from the Growing Value program for […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Fruit/Vegetables, Reuters

Louis Dreyfus said seeking buyers for juice, fertilizer units

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Reuters — Louis Dreyfus Commodities is seeking buyers for its orange juice and fertilizer units as the global merchant focuses on higher-margin activities, sources said, the latest firm to take steps to weather weak commodity markets. The company had been actively marketing the orange juice and fertilizer businesses for some months, having appointed banks to […] Read more
(SunsetGrown.com)
Crops, Fruit/Vegetables, Reuters

Tomato producer Mastronardi said seeking buyer

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Reuters — Mastronardi Produce, an Ontario grower and distributor of hothouse tomatoes, peppers and cucumbers, is exploring a sale it hopes could value it at as much as $900 million, including debt, according to people familiar with the matter. Privately-held Mastronardi has hired Bank of Montreal (BMO) to run an auction process, the people said […] Read more
(Dave Bedard photo)
Crops, Grapes, Reuters

Bayer expects to compensate grape growers over crop damage

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Zurich | Reuters — Bayer expects to pay wine growers compensation starting early next year after vineyards in Austria, France, Germany, Italy, Luxembourg and Switzerland reported 2015 crop damage possibly linked to one of the company’s fungicides. European grape growers reported deformed leaves and lower yields after using Bayer CropScience’s Moon Privilege, also known as […] Read more
(SterlingVineyards.com)
Crops, Grapes, Reuters

Treasury Wine to buy Diageo U.K., U.S. wine assets

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Sydney | Reuters –– Australia’s Treasury Wine Estates, the world’s biggest standalone wine maker, said Wednesday it had agreed to buy most of Diageo Plc’s U.S. and British wine operations for US$552 million (C$716 million). Treasury also announced a fully underwritten rights issue to raise around A$486 million (C$460 million) to fund the acquisition. The […] Read more
(PortMetroVancouver.com)
Beef Cattle, Canola, Cereals, Crops, Fruit/Vegetables, Hogs, Markets

Dawson: Ag exporters applaud historic TPP deal

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Export-oriented Canadian farmers are giving the Trans-Pacific Partnership (TPP) agreement reached in Atlanta on Monday two thumbs up. The deal, which remains to be debated in Canada’s House of Commons and could take more than a year to be ratified by all 12 member countries, will see tariffs on Canadian products in those markets eliminated […] Read more
(PortMetroVancouver.com)
Beef Cattle, Canola, Cereals, Dairy Cattle, Fruit/Vegetables, General, Hogs, Markets, Poultry/Eggs

Market access, income supports come with Trans-Pacific pact

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Canada’s federal government has pledged a suite of compensation programs for supply-managed dairy, poultry and egg sectors, against what it promises will be a mousehole in Canada’s tariff wall. Federal officials on Monday confirmed negotiations have concluded on the multilateral Trans-Pacific Partnership, now billed as “the largest, most ambitious free trade initiative in history.” The […] Read more

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