Farm Credit Canada (FCC) pledged up to $60 million to Glengarry Farm Finance Corporation to provide financial backing to farmers with credit issues, the firms announced yesterday.
Dozens of groups including the American Farm Bureau Federation, Renewable Fuels Association and American Chemistry Council said "the time has come for the U.S. government to intervene and ensure port operations do not stop" in order to prevent damage to U.S. agriculture and the economy.
BASF is planning a partial listing of its agricultural business because the stock market is underestimating the unit's earnings prospects within the group, the German chemicals giant's new CEO told staff on Wednesday.
Some 45,000 union workers could walk off the job at seaports on the U.S. East and Gulf Coasts on Oct 1, cutting off vital trade arteries just weeks ahead of the nation's presidential election.
While producers could feel the pinch of a strike at the Port of Vancouver's grain terminals within a week, the markets won't feel much of a hit unless the strike continues for three or four weeks, analysts said.
Unifor said on Monday it has initiated labor negotiations with Canadian National Railway, representing more than 3,600 workers. The union said its bargaining priorities include an improvement in wages, addressing concerns about the pension plan and job security for its members.
Grain terminal workers at the Port of Vancouver are on strike this morning as shown by video posted by local media on X. Video from CityNews Vancouver shows workers picketing outside of Viterra's Cascadia terminal.
Belgian researchers are growing pears in a controlled environment that simulates how climate change will affect the region in 2040. Their aim is to see what global warming has in store for Europe's fruit growers.
Republican presidential candidate Donald Trump said on Monday he would slap a 200 per cent tariff on John Deere's imports into the United States if the agricultural equipment company moved production to Mexico as planned.
On Sept. 21, Grain Workers Union Local 333 issued a 72-hour strike notice to terminal operators represented by the Vancouver Terminal Elevators Association (VTEA). According to a letter posted to the union's Facebook page, workers will walk off the job on Tuesday morning.