(Dave Bedard photo)

Monsanto surprises with adjusted profit as expenses drop

Reuters — U.S. seeds and agrochemicals company Monsanto, which agreed last month to be bought by Germany’s Bayer for US$66 billion, reported a surprise adjusted profit, helped by a drop in expenses and higher corn seed volumes. Monsanto agreed in September to a sweetened $128-per-share offer from Bayer that, if approved by regulators, would create […] Read more

New Brunswick’s Opportunities NB and Regional Development Corporation recently announced a $4 million loan for medical marijuana company Zenabis to put up a new indoor production facility at Atholville, in the province’s north. (Zenabis.com)

New Brunswick college to launch marijuana cultivation course

Reuters — A college in New Brunswick plans to institute a program on marijuana cultivation so that students can be trained to work at local companies that produce the drug, a school official said on Tuesday. College Communautaire du Nouveau-Brunswick will launch the course sometime next year, said Michel Doucet, executive director of continuing education […] Read more



(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybean rally snuffed out as harvest advances

Reuters — Chicago soybean prices fell on Tuesday, snuffing out a three-session rally as an accelerating U.S. harvest shifted attention back toward the prospect of record production. Corn edged higher, supported by short-covering in spread trades against soybeans, while wheat finished flat, held in check by technical selling and ample U.S. supplies. Chicago Board of […] Read more



(FIle photo by Allan Dawson)

U.S. grains: Corn jumps in trading against wheat

Reuters — U.S. corn futures jumped to a 10-1/2 week high on Monday, lifted by trades that simultaneously bought the grain and sold wheat, after last week’s report on supplies by the U.S. Department of Agriculture. Chicago wheat slipped, while soybeans rose to their highest since Sept. 23 on short-covering and gains in soymeal. USDA […] Read more


(Scott Bauer photo courtesy ARS/USDA)

B.C. greenhouse peppers cleared for Japan

Canada and Japan have agreed on import conditions by which British Columbia’s produce growers will be able to ship greenhouse peppers to Japan. The agreement, effective immediately, means the province’s growers “could be looking at up to $20 million worth of pepper exports a year to Japan once the agreement is fully implemented,” B.C. Agriculture […] Read more

(Ungava-gin.com)

Spirits firm Corby closes deal for Ungava gin maker

Toronto spirits manufacturer Corby Spirit and Wine has closed on its deal for the spirits assets of cider maker Domaines Pinnacle, including the Quebec company’s flagship Ungava gin brand. Corby, whose brands include J.P. Wiser’s whisky, Lamb’s rum and Polar Ice vodka, announced in late August it would pay $12 million cash for the Pinnacle […] Read more



(PortOfChurchill.ca)

Development fund set up for Churchill

The federal Western Economic Diversification (WD) department will put up $4.6 million for economic development work at and around Churchill, Man. after grain export operations were suspended at the town’s Hudson Bay port. Navdeep Bains, the federal minister responsible for WD, announced the new fund Friday at Churchill, saying it will back “projects that grow […] Read more