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Tag Archives dairy

Crops, Markets, Reuters

U.S. farmers cheered by apparent trade truce

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Chicago | Reuters — U.S. farmers cheered the Trump administration’s announcement of a potentially dramatic increase in U.S. agricultural sales to China on Friday but warned they needed to see a follow-through of actual purchases. Treasury Secretary Steven Mnuchin said the agricultural purchases could scale up to $40 billion-$50 billion annually as part of a […] Read more
Dairy Cattle, Livestock

Agropur to shut Montreal-area ice cream plant

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A Quebec ice cream processing plant absorbed in 2017 by Canada’s biggest dairy co-operative will shut its doors in about 10 months’ time. Agropur Co-operative announced Friday it plans to close the former Les Aliments Lebel plant at Lachute, Que., just northwest of Montreal, in August 2020 and transfer the plant’s operations to other Agropur […] Read more
Dairy Cattle, Livestock

Future payouts from dairy fund still up for discussion

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What happens to the rest of Canada’s eight-year, $1.75 billion funding envelope to compensate its dairy farmers for other countries’ gains in market access is still up for discussion, according to the federal ag minister. In a statement Wednesday, Agriculture Minister Marie-Claude Bibeau said Ottawa gets that Canadian dairy farmers want more direct payments beyond […] Read more
U.S. President Donald Trump appears with China President Xi Jinping at the G20 leaders summit on June 29, 2019.
General, Markets, Reuters

U.S. farmers suffer ‘body blow’ as China slams door on farm purchases

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Beijing | Reuters — Chinese companies have stopped buying U.S. agricultural products, China’s commerce ministry said on Tuesday, a blow to U.S. farmers who have already seen their exports slashed by the more than year-old trade war. China may impose additional tariffs on U.S. farm products bought shortly before the purchase ban took effect, China’s […] Read more
Dairy Cattle, General

P.E.I. dairyman named provincial ag and land minister

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A Prince Edward Island dairy farmer who unseated the province’s incumbent premier on election night is the new provincial minister for agriculture and land, and for justice and public safety. Bloyce Thompson, the new Progressive Conservative MLA for the district of Stanhope-Marshfield, was sworn in Thursday as a member of incoming Premier Dennis King’s nine-member […] Read more
General, Machinery, Markets, Weather

Farm groups see something for everyone in federal budget

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Response so far from farm and agribusiness organizations to Tuesday’s pre-election budget suggests the federal government has managed to find at least one line item for everyone in the ag sector. Finance Minister Bill Morneau’s budget pledges compensation for supply-managed sectors facing financial hits from international trade pacts, funding for a new federal food policy […] Read more
Dairy Cattle, Livestock

Canada’s Saputo to buy major U.K. dairy firm

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A major British dairy company is poised to become the property of one of Canada’s biggest dairy processors in a $1.7 billion all-cash deal. Saputo Inc. announced Friday it has an agreement in place with Dairy Crest Group — the maker of Cathedral City cheese and Country Life butter among other major U.K. dairy brands […] Read more

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending November 15, 2019.

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