China frees prices of commodities, services in fresh reforms

Shanghai | Reuters — China has freed prices of 24 commodities and services, removing all price controls on agricultural products, among other reforms, its top economic planning agency said. The National Development and Reform Commission (NDRC) issued a document last month, letting the market decide prices of tobacco leaves, the last agricultural product previously under […] Read more






(Photo courtesy Agrium)

Agrium restarts potash output at Sask. mine

Fertilizer and ag retail giant Agrium has restarted potash production at its west-central Saskatchewan mine after a months-long expansion-related shutdown. Calgary-based Agrium said Wednesday its site at Vanscoy, about 25 km southwest of Saskatoon, is back in business after completion of what it called a “major turnaround” to tie in a one million-tonne expansion project. […] Read more



(PrecisionDrone.com)

U.S. drone rules remain in hangar in 2014

New York | Reuters — The United States missed a year-end deadline for publishing new rules on remote-control aircraft, delaying an eagerly awaited step toward using drones in everything from farming to package delivery. Businesses have been clamouring for rules to allow commercial drone flights, fearing the U.S. is falling behind other countries in developing […] Read more

Mayo Schmidt, shown here in Winnipeg in 2007, led Viterra until 2012. (Dave Bedard photo)

Ex-Viterra chief dropped as Dreyfus’ CEO-elect

The terms by which Mayo Schmidt would lead Louis Dreyfus’ commodities business have led the company and its chosen CEO to part ways. Offering no further details, Louis Dreyfus Commodities said Wednesday the company and the former Viterra CEO “have jointly decided not to proceed” with Schmidt taking the helm, “while retaining the highest mutual […] Read more


Que. Caterpillar dealer to shed ag equipment arm

Caterpillar’s dealer for Quebec and the Maritime provinces is set to sell its Quebec farm equipment business to a chain of Agco dealerships. Hewitt Equipment — the authorized Cat dealer for Quebec and western Labrador and, through its Atlantic Tractors and Equipment arm, for the Maritimes — announced recently it will sell its ag division […] Read more

(Farm-King.com)

Buhler books near-record sales

Winnipeg tractor and farm equipment maker Buhler Industries logged 2014 as its third-biggest sales year ever, but expects lower commodity prices to weigh on next year’s results. Buhler last Wednesday reported year-end profit of $12.5 million on $325.5 million in sales, down from its record net ($19.9 million on $340.3 million in sales) in 2013 […] Read more