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N.Y. investors buy Ont. tillage firm Salford
Crops, Machinery

N.Y. investors buy Ont. tillage firm Salford

Grown worldwide from its roots as a cultivator maker in southwestern Ontario, Salford Farm Machinery has now attracted Manhattan money. New York private equity firm GenNx360 Capital Partners, which bills itself as a backer of “middle-market industrial business-to-business” companies, announced Thursday it’s bought control of Salford for an undisclosed sum. Salford said its manufacture of […] Read more
Crops, Machinery

Deere sees Canada/U.S. ag equipment demand slipping

Lower commodity prices are expected to have a “dampening” effect on Canadian and U.S. farmers’ demand for new iron, green or otherwise, in 2014. Deere and Co., releasing its fourth-quarter and year-end results on Wednesday, predicted industry-wide sales for farm machinery in the U.S. and Canada will slip five to 10 percent in 2014 from […] Read more
Livestock, Machinery

Robotic milkers, so why not robotic herders?

Researchers at the University of Sydney in Australia have developed a robotic herder which they say does a better job than humans or dogs. A four-wheeled device nicknamed Robotic Rover has successfully herded dairy cows in tests on the university’s dairy herd. “Removing human judgment from trafficking speed will allow us to ensure that cows […] Read more
Crops, Machinery, Markets

Deep cut proposed for U.S. 2014 biofuel requirement

U.S. President Barack Obama’s administration proposed on Friday to slash a federal target for U.S. biofuel use in 2014 to 15.21 billion gallons, attempting to prevent a projected fuel crunch next year. The planned cut of more than 16 per cent by the U.S. Environmental Protection Agency (EPA) matches figures in a draft that was […] Read more
General, Machinery

Farm Business Communications earns online honours

The web arm of Canadian Cattlemen magazine and the mobile app for Grainews were among the winners at the fifth annual Canadian Online Publishing Awards announced Wednesday in Toronto. CanadianCattlemen.ca earned a silver award for best overall companion website in the Blue (business-to-business, professional association, farm, scholarly) division at the COPA show. Grainews Mobile, meanwhile, […] Read more
Crops, Machinery

Ritz sees railways doing ‘adequate’ job moving huge crop

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Canada’s two main railways, Canadian National Railway (CN) and Canadian Pacific Railway (CP), have done an “adequate” job moving this year’s record harvests to port, Agriculture Minister Gerry Ritz said Wednesday. Prairie farmers produced the biggest grain and oilseed harvests on record this year, according to government estimates, straining the system of moving crops from […] Read more
Livestock, Machinery

Coop federee taking minority stake in hardware chain

Agrifood processor and ag retailer La Coop federee has reached a deal to take a minority interest in home reno and hardware retail chain Groupe BMR. The size of the stake and the financial terms of the deal haven’t been released. The deal will see Coop federee — through its Unimat chain — and BMR […] Read more
Crops, Machinery

Chinese demand for coal supports ocean freight market

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The global ocean freight market is seen as generally good this year, with strong demand for coal from China providing support. “China is importing more coal and rebuilding stockpiles, which is giving strength to freight markets,” Christopher Nolan of Summit Maritime Corp. said during a presentation at the Cereals North America global grain conference in […] Read more
(Dave Bedard photo)
Crops, Machinery

Co-ops seal deal for Viterra stores, will shut two

Updated, Nov. 8 — Fifteen Viterra crop retail outlets on the Prairies will soon fly the banners of their communities’ local co-ops, while operations at two others will be wound down. Federated Co-operatives Ltd. (FCL) announced Thursday it has closed its deal to buy the fertilizer, seed and agriculture chemical supply centres from Viterra, the […] Read more
Crops, Machinery

Alta. nitrogen plant offline until mid-month

A major ammonia and urea fertilizer production plant near Edmonton will be shut down until Nov. 20 for repairs on a failed waste heat boiler. Agrium’s Redwater 2 plant at Redwater, about 45 km northeast of Edmonton, was shut down Oct. 15 due to the boiler failure, the company said in a release Thursday. “Reduced […] Read more

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