Monsanto unloads bovine hormone business

Eli Lilly and Company will buy Monsanto’s Posilac division for US$300 million, the companies announced Aug. 20. Monsanto put its bovine somatotropin business up for sale a few weeks ago, saying it wanted to focus more on its core strengths selling high-tech seeds and weed control to farmers. Elanco, headquartered in Greenfield Indiana, is the […] Read more

Feds fund organic marketing

The federal government is providing organic farmers with over a quarter million dollars to fund marketing organic products to local customers such as childcare facilities, hospitals and schools. The $258,100 program was announced this week by federal agriculture minister Gerry Ritz, who says the program will benefit farmers, consumers and the environment. “Increasingly, families at […] Read more



OFA has concerns on Greenbelt expansion

The Ontario Federation of Agriculture (OFA) is concerned that a recent announcement by the province to expand the Greenbelt program could hinder agricultural productivity. “Farmers support preserving farmland but steps need to be taken to ensure Greenbelted farmland stays productive so we can continue to provide safe, high quality food to Ontarians,” says Geri Kamenz, […] Read more


Feds fund BC blueberry industry

The Canadian government is ponying up $185,000 in funding to the B.C. Blueberry Council for three projects that will help ensure a profitable future for British Columbia’s blueberry growers. “Canadian blueberries are enjoyed around the world thanks to the hard work and expertise of our growers,” said local MP Nina Grewal. “The Government of Canada […] Read more

Scotiabank launches new ag financing products

Scotiabank has launched a new farm credit suite and new farm banking package for Canadian farmers that it says will help them respond more quickly to shifting markets and opportunities. Scotia Flex for agriculture, announced Monday, provides farming and agribusiness customers with the ability to customize their farm credit needs from a suite of credit […] Read more


Cargill, Farm Credit Canada partner on input financing

Cargill and Farm Credit Canada (FCC) have entered into a unique national alliance to offer crop input financing to Cargill customers. Designed for growers producing and marketing grains, oilseeds and specialty crops, the new portfolio of products, marketed under the Performance Financing brand will be launched this fall. “We are excited to work with Cargill […] Read more

Ontario and feds partner on food and beverage fund

The food and beverage processing industry in Ontario is getting a $3 million fund to encourage innovation. The Food and Beverage Industry Innovation (FBII) Fund is made up of equal contributions by the federal and provincial governments. “Innovation has always driven this sector and our government wants to ensure that proud tradition continues,” said local […] Read more


Canada and China to collaborate on canola research

The National Research Council of Canada and the Oil Crops Research Institute of the Chinese Academy have signed an agreement to collaborate on research to improve canola production, the two groups said Aug. 5. “This is a historic event,” said Dr. Roman Szumski, vice-president of life sciences for the NRC. “For the first time, China […] Read more

Agrium profit doubles

Fertilizer maker Agrium announced Wednesday in Calgary that it tallied a US$636 million profit — or US$4 a share – in the second quarter. This is the company’s strongest quarterly performance ever and more than doubles the previous high of US$229 million – or US$1.70 a share – a year ago. The profit vastly exceeded […] Read more