(SunsetGrown.com)

Tomato producer Mastronardi said seeking buyer

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

Mosaic’s potash facility at Esterhazy, Sask. (Greg Berg photo)

Mosaic lays off staff at Sask. potash mine

Reuters — U.S. fertilizer company Mosaic Co. has laid off 46 unionized workers, or eight per cent of the workforce, at its Colonsay, Sask. potash mine, the company said Friday, as producers struggle with weak demand. Potash prices have fallen in the past year due to excessive mining capacity and reduced demand in key markets. […] Read more








Global markets: China slashes interest rates

CNS Canada –– The following is a glance at the news moving markets globally. CHINA’S CENTRAL BANK CUTS INTEREST RATES, AGAIN — China’s central bank cut interest rates once again on Friday, which marks the sixth time the bank has done so since November. The changes also lowered the amount of cash that banks must […] Read more

Concrete is poured in May for a grain terminal now owned by G3 Grain. Farmer deliveries in September reached their highest level in records since 2001. (CWB.ca)

Grain deliveries hit record high in September

CNS Canada — September was a very busy month for grain handlers in Western Canada, as farmer deliveries into the commercial pipeline hit their highest levels ever. Producers made deliveries of 5.879 million tonnes of the major grains and oilseeds during the month, topping the previous monthly record of 5.819 million tonnes set two years […] Read more


Durum wheat. (Gipsa.usda.gov)

Demand for North American durum now a balancing act

CNS Canada — North American durum prices are teetering on an edge and could tip higher or lower as the balance between producer selling and demand fluctuates, one U.S. analyst says. Canada’s production came in lower than expected due to drought during the growing season, which propped up durum prices, despite wheat’s global supply glut. […] Read more