Agriculture news

• North American farm equipment see sales decline

  05-12-2024 18:25 via farms.com
  Low commodity prices have cratered farm equipment sales in Canada with double-digit declines in units sold.Sales of two-wheel drive tractors to Oct. 31 declined 18 per cent to 18,414 units, according to the Association of Farm Equipment Manufacturers.October sales fell 16.4 per cent to 3,174 units.Within the two-wheel drive sector under 40 horsepower sales are down 18 per cent to 11,417; 40 to 100 HP sales are down 22.3 per cent to 4,054 units; and 100 plus HP sales fell only 11.1 per cent to 2,
  
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• Allan Wiens Appointed CEO of SeedMaster, Takes Over from Retiring Don Henry

  05-12-2024 18:22 via farms.com
  SeedMaster, the developer and manufacturer of no-till seeding technology driven by precision, has announced Allan Wiens as the company’s new Chief Executive Officer, effective December 2024.“Allan Wiens has lived and breathed agricultural manufacturing throughout his professional career, making him the right person for the job as our new CEO,” said Larry Hilworth, Board Chair at SeedMaster. “We are looking forward to ushering in the next era of SeedMaster with him at the
  
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• Ag company purchases Alberta Bitcoin mining facility

  05-12-2024 14:15 via farms.com
  The facility leverages renewable energy to support ag production
  
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• Federal government announces investments in agriculture and agri-food in Sask.

  05-12-2024 13:19 via farms.com
  Dan Vandal, Minister for PrairiesCan, announced a federal investment of over $10 million for eight projects in agriculture, ag manufacturing, value-added ag, and agri-food sectors in Saskatchewan. This includes non-repayable investments supporting agricultural manufacturing, and repayable investments to help expand farming operations, the output of value-added agricultural products, and manufacturing capacity for agricultural equipment.Examples include:Simpson Seeds Inc. is receiving over $1.9 m
  
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• Canadian farm equipment sales projected to slump in 2025

  05-12-2024 13:15 via farms.com
  Farm equipment sales are projected to decline next year according to a Farm Credit Canada report released today.“Farmers are looking for cost saving measures including delaying purchases and planning to further reduce equipment costs,” said FCC senior economist Leigh Anderson in a news release accompanying the report.“As demand slows and prices adjust, there may be opportunities for producers who are looking to invest in new farm equipment.”The year began with a surge in
  
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• AGCO Celebrates Grand Opening of AGCO Technician Training Center at Parkland College

  05-12-2024 13:13 via farms.com
  AGCO celebrated the grand opening of the AGCO Technician Training Center at Parkland College in Champaign, Illinois. The new 22,000 square-foot facility is the home of the school's AGCO Agriculture Service Technician Associate in Applied Science (A.A.S.) degree program, which provides instruction specific to the company's popular machinery and precision ag technologies. Made possible by a $5 million donation from AGCO Corporation, this advanced training center is set to revolutionize diesel tech
  
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• Tom Healy Appointed Vice President and Director of Dealer Development at North American Equipment Dealers Association

  05-12-2024 13:11 via farms.com
  The North American Equipment Dealers Association (NAEDA) is pleased to announce the appointment of Tom Healy as Vice President and Director of Dealer Development. In this pivotal role, Healy will spearhead initiatives to enhance the growth and success of equipment dealers across North America, providing critical support and guidance to the association’s dealer members.Healy brings with him a wealth of experience in the equipment dealership industry, having worked in leadership positions of
  
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• Ag in the House: Nov. 25 – 29

  05-12-2024 13:04 via farms.com
  The threat of tariffs from the U.S. puts more pressure on Canada to pass C-282, a Bloc MP said
  
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• FuelPositive Announces Strategic Private Placement Investment, Debt Settlement and Progress in Manitoba

  05-12-2024 13:02 via farms.com
  FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) (the "Company") is pleased to announce a new financing (terms outlined below) which will enable the Company to advance towards the activation of its first system and the commencement of revenue generation. This funding, with existing commitments from a dedicated long-term shareholder and new investors, including Manitoba-based farmers, will allow the Company to complete the final phase of pressure vessel certification, secure third-party engi
  
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• CULT Food Science Applauds Regulatory Approval of Cultivated Foie Gras and Breakthrough in Cost Parity for Cultivated Chicken

  05-12-2024 13:00 via farms.com
  a pioneer in the investment, development, and commercialization of cellular agriculture technologies and products, congratulates Australian startup, Vow, for becoming the first cultivated meat company to satisfy the Hong Kong Centre for Food Safety requirements and for launching their Forged Gras product in restaurants across Hong Kong.Alongside this achievement, CULT is pleased to share updates on the remarkable progress of Israeli startup Supermeat and Czech biotech company Bene Meat Technolog
  
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• How solar panels can benefit farms and the environment

  05-12-2024 12:05 via farms.com
  University of Wisconsin researchers are exploring agrivoltaics, a practice that combines solar energy production with agriculture, to optimize land use and promote sustainable practices.
  
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• RNG Coalition welcomes Section 48 ITC final rule

  05-12-2024 11:09 via farms.com
  The Coalition for Renewable Natural Gas (RNG Coalition) has welcomed the U.S. Department of the Treasury’s issuance of the final rulemaking on the Section 48 Investment Tax Credit (ITC) expanded under the Inflation Reduction Act (IRA). The updated regulations represent a significant step forward for the biogas and renewable natural gas (RNG) industries in North America, ensuring wider project eligibility for these critical tax credits, said the association.“RNG Coalition commends the
  
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• Canadians to spend $801 more on food in 2025 as climate, Trump affect prices: report

  05-12-2024 10:31 via farms.com
  Food prices in Canada are likely to increase by three to five per cent next year, according to a newly released report, but wild cards like climate change and Donald Trump could have unforeseen impacts.That’s the conclusion of the 15th annual food price report released Thursday by a partnership that includes researchers at Dalhousie University, the University of Guelph, University of Saskatchewan and University of British Columbia.The report’s authors used three different machine lea
  
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• US Farm Income Forecast Improves from September but Still Negative

  05-12-2024 10:27 via farms.com
  The 2024 US farm income picture has improved slightly from September but is still forecasted to be lower year-over-year. Updated estimates released by the USDA on Tuesday projected national net farm income for this year at $140.7 billion, down $6 billion or 4.1% from 2023. That compares to the government’s September forecast, which put net farm income at $140 billion, a marginally steeper drop of 4.4% from last year. As currently forecasted, 2024 net farm income would be down 22.6% from th
  
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• Cargill’s Alberta Operations Unlikely to be Impacted by Planned Job Cuts: Union

  05-12-2024 10:23 via farms.com
  It does not appear planned Cargill job cuts will impact the company’s Alberta operations, says the head of the union representing workers in the province. Thomas Hesse, President of UFCW Local 401, the union representing almost 2,500 Cargill workers at two plants in High River and Calgary, said in a statement Tuesday that based “initial representations from company officials,” the Minnesota-based agri-food giant’s plan to pare its global workforce will spare local unioniz
  
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• Canola groups recap research priorities at Canola Week

  05-12-2024 10:12 via farms.com
  At this year’s Canola Week, representatives from Alberta Canola Producers, SaskOilseeds and Manitoba Canola Growers Association (MCGA) presented an overview of each group’s research focus over the past year and moving forward.  Brittany Visscher, research director at Alberta Canola Producers, says their funding targets for 2024-25 include disease management, resistant weed management, flea beetle management, optimized nutrient uptake efficiency, water management and more. &
  
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• Cereals Canada Applauds Signing of Key Trade Agreement with Indonesia

  05-12-2024 10:09 via farms.com
  Cereals Canada applauds the recent signing of the Comprehensive Economic Partnership Agreement (CEPA) between Canada and Indonesia. The agreement, which takes effect in 2026, will help to promote innovation and growth, benefitting the Canadian cereals industry and strengthening Canada’s position in the Indonesian market.“The conclusion of the CEPA negotiations between Canada and Indonesia marks a significant milestone for Canada’s agriculture and agri-food sector,” said D
  
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• Pork producers ‘disappointed’ in latest Senate proposal

  05-12-2024 10:07 via farms.com
  Pork producers say they’re “deeply disappointed” that U.S. Senate Democrats did not address California’s Proposition 12 in the proposed farm bill they released Nov. 15.That animal welfare law restricts sales of products in California from animals raised using specific types of confinement systems.Iowa pork producers have said they face investing millions of dollars to modify their operations if they want to sell bacon and other pork products in one of the nation’s l
  
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• New Holland Unveils Upgraded FR920 Forage Harvester

  05-12-2024 09:47 via farms.com
  The 2025 New Holland FR920 prioritizes operator comfort with a quieter cab and improved performance with a crop blockage sensor. This model, along with a new hay header, arrives at dealers in Q4 of 2024.
  
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• Milk price surge helps farm income despite crop price decline

  05-12-2024 09:16 via farms.com
  2024 farm income will drop 4%, with livestock and dairy profits up, while crop income faces a decline due to lower crop prices. Expenses also decreased, improving forecasts.
  
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