Frank Moscone, who founded All Seasons Mushrooms in 1997, is selling the B.C. company to Highline Produce for an undisclosed sum. (AllSeasonsMushrooms.com)

Top Canadian mushroom grower buys westward expansion

Canada’s biggest producer of mushrooms has expanded its reach into Western Canada with the purchase of one of the region’s biggest producers. Highline Produce announced Thursday it has bought Langley, B.C.-based organic mushroom producer All Seasons Mushrooms. According to Irish tropical fruit marketing giant Fyffes, which has owned Highline since April, it will pay $59.1 […] Read more



Laird lentils. (PulseCanada.com)

Unpredictable lentil crops could unsettle market

CNS Canada — Lentil producers have been stuck on a roller coaster this season, and the ride isn’t slowing down going into harvest. “It’s been a very hard year to predict because we have record amounts of acres planted, an incredible start to the season, and then of course the well-publicized weather problems leading to […] Read more

(Dave Bedard photo)

U.S. activist investor Ackman leaves CP board

Bill Ackman, the U.S. activist investor who usurped the leadership of Canadian Pacific Railway in 2012, is leaving the Calgary company’s board after his hedge fund sold off its remaining stake last month. Ackman, who heads New York-based Pershing Square Capital Management, joined CP’s board in 2012 and served on its finance and corporate governance […] Read more


(Photo courtesy Canola Council of Canada)

Large old-crop canola stocks raise new-crop questions

CNS Canada — Canada grew a million more tonnes of canola in 2015-16 than originally reported, according to updated numbers from Statistics Canada, released Wednesday in connection with the Stocks of Principal Field Crops as of July 31 report. The unexpected revision to the old-crop production now has many industry participants questioning just how large […] Read more

Durum wheat. (Gipsa.usda.gov)

Quality Canadian durum may be in short supply

CNS Canada — Quality issues with the Canadian durum crop currently being harvested should see the price spreads between top- and low-end grain widen considerably, especially as the carryout from the previous year is also poor quality. Canadian durum stocks, as of July 31, were pegged at 1.1 million tonnes by Statistics Canada in a […] Read more





(Dave Bedard photo)

ICE weekly outlook: Stocks add softer undertone to market

CNS Canada –– A stocks report from Statistics Canada has changed the dynamic of the canola market, one analyst says, though prices are not expected to plummet. Statistics Canada estimates canola stocks at 2.016 million tonnes as of July 31. The government agency also upwardly revised year-ago production numbers. “It causes a fairly significant shift […] Read more

(Dave Bedard photo)

Farmers’ debt seen hitting fresh record high

Reuters — Canadian farmers’ debt will likely reach another record high this year, while land appreciation slows and incomes flatten, but the industry is still in strong financial shape, the country’s biggest agriculture lender, Farm Credit Canada, forecast on Tuesday. FCC, the federal Crown ag lending agency, sounded a note of caution for farmers, who […] Read more