Daily news Archive - AGCanada
Bayer’s shares sink to 20-year low on 2025 earnings fall forecast. Nov. 12th, 2024 tagged BASF Bayer. Bayer said on Tuesday that weak agricultural markets mean its earnings are likely to fall further next year, sparking a sharp fall in the German company's shares and piling pressure on its CEO to deliver on his turnaround efforts.
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About AgCanada. AGCanada.com is your portal to the award-winning resources of Glacier FarmMedia, Canada’s largest publisher of newspapers and magazines for farmers. Here you’ll find the online connections to Country Guide, Grainews, Canadian Cattlemen, the Manitoba Co-operator, and Alberta Farmer Express, and access to their digital editions — the print publications you see in your ...
Canadian Grain Commission predicts financial shortfall
Oct 16, 2024 · The commission has been using accumulated surplus funds to address the growing revenue-cost gap since 2021. The now six years of surplus draw are expected to reduce the available balance to approximately $57 million by March 31, 2027. This includes $40 million previously set aside as an operating contingency. The commission said it will consult ...
Federal funds announced for Cereals Canada - AGCanada
Oct 15, 2024 · The federal government has announced $7.3 million for Cereals Canada research and market development. The funding was announced Oct. 15 by Winnipeg South MP Terry Duguid, on behalf of Agriculture and Agri-Food Canada Minister Lawrence MacAulay, at the industry group’s pasta lab in Winnipeg. “Our government is building on our long legacy of ...
Early signs point to increased crop production in 2024/25: AAFC
Jan 22, 2024 · However, total wheat production in 2024/25 is forecast to increase to 33.296 million tonnes, from 31.954 million in 2023/24 due to an expected increase in yields. Canadian wheat exports are forecast to rise to 24.350 million tonnes in 2024/25, from an estimated 23.200 million in the current marketing year. The total wheat carryout is forecast ...
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AGCanadaTV proudly presents "In Case You Missed It," an informative web video series covering agricultural news from a Canadian perspective, plus features of special interest for farmers across Canada. [New] November 8, 2024: AGCanadaTV: In case you missed it: Your national ag news recap for Nov. 8, 2024 Trump’s U.S. presidential election …
Federal budget promises lower costs, interest relief for farmers
Apr 16, 2024 · The section “Interest Relief for Farmers” proposes $64 million in funding to Agriculture and Agri-Food Canada “to support a $250,000 interest-free limit on Advance Payments Program loans for the 2024 program year.”. Finally, “Protecting Farmers from the Costs of Climate Change” reads that “the federal government is committed to ...
Over half Canada’s farm revenue now goes to biggest farms, …
May 12, 2022 · And in 2021, farms reporting at least $2 million in sales accounted for over half of Canada’s total farm operating revenues, at a share of 51.5 per cent, up from 41.5 per cent in 2016. Farm operating revenues in Canada totalled $87 billion in 2020 against expenses of $72.2 billion, StatsCan said. On average, for every dollar in revenues ...
Canadian crop production bounces back, StatCan reports
Aug 29, 2022 · MarketsFarm — After 2021’s historic drought on the Prairies caused crop production to fall to historic lows, the 2022 harvest has mostly bounced back to pre-drought levels, according to Statistics Canada. StatCan on Monday released its July 2022 satellite image-based principal field crop production estimates, which confirmed analysts ...
Farmland values exceed expectations - AGCanada
Mar 13, 2023 · This modal can be closed by pressing the Escape key or activating the close button. Average farmland prices were up 12.8 per cent in Canada in 2022, the largest increase seen since 2014 when the increase was 14.3 per cent. The increase follows gains of 8.3 per cent in 2021 and 5.4 per cent in 2020. J.P. Gervais, FCC’s chief economist, said ...