Even as inflation continues to grow and increasing borrowing costs have put pressure on farm incomes, farmland values across Canada rose 7.7 per cent in the first half of 2023, according to Farm Credit Canada's Mid-Year Land Value report. Tight supply has continued to support land appreciation for now, says FCC chief economist J.P. Gervais.... Read More

The federal and Saskatchewan governments have announced funding of $5 million for the Saskatchewan Food Industry Development Centre in Saskatoon. The funding, delivered through the Sustainable Canadian Agriculture Partnership (SCAP), will support the Food Centre's work to enable the continued growth of value-added revenue and agri-food exports in the province over the next five years.... Read More

SeedMaster Manufacturing has announced a new 10-year partnership with Olds College of Agriculture and Technology that includes sponsoring seeding equipment for the Olds College Smart Farm. SeedMaster, based at Emerald Park, Sask., says the new partnership with the college is part of the seeding technology company's commitment to innovation to help farmers grow crops more... Read More

Forage and turf seed company DLF has acquired Corteva Agriscience's alfalfa breeding program. The deal, announced last month, includes Corteva's global alfalfa germplasm and breeding program, the Alfred Seeds brand name, and trademarks including Hi-Gest alfalfa technology, Hi-Ton performance alfalfa, Hi-Salt salinity tolerant alfalfa, and msSuntra hybrid technology, current commercial alfalfa varieties and select Corteva... Read More

Ontario-based Hensall Co-op has purchased Gentec Inc., a dry bean seed and research enterprise located in Idaho. The company says the acquisition is a strategic move that underscores its dedication to expanding Hensall C0-op's value-added product portfolio while diversifying its growing areas, and solidifying access to premium, high-quality seed offerings for its members and customers.... Read More

Three Ontario grain companies are teaming up they say to leverage the members' unique strengths to offer a more comprehensive approach, focusing on the principle of "farmers helping farmers." Great Lakes Grain, Bacres Grain Inc., and Wanstead Farmers Co-operative have joined forces in a strategic partnership aimed at providing enhanced services to the agricultural community... Read More

Brent Derkatch has been named as the new president and CEO of CANTERRA SEEDS. Derkatch steps into the role as long-time CEO David Hansen announced his retirement earlier this year. Derkatch has been with CANTERRA SEEDS since 2001, and has served as the director, Pedigreed Seed Business Unit for the past five years. Derkatch will... Read More