Insights and Stories of Rod Nickel

Jul. 4, 2014 at 3:53 pm CDT

Winnipeg | Reuters –– Floods that washed across Saskatchewan and Manitoba last weekend hit farmers twice, drowning newly seeded fields of wheat and canola, while also ruining stockpiles of last year’s crops. Heavy rain of up to 260 millimetres (10.2 inches) swamped the eastern side of Western Canada’s crop belt […]

By Rod Nickel

Jun. 16, 2014 at 6:00 pm CDT

Winnipeg | Reuters — Canadian meat packers are short hundreds of workers, forcing plants to run at well below full capacity, the Canadian Meat Council said Monday. Plants are operating at 77 per cent of capacity on average, based on a survey by the industry group, resulting in more Canadian […]

By Rod Nickel

Jun. 11, 2014 at 3:11 pm CDT

Winnipeg | Reuters — Canada’s federal Agriculture Minister Gerry Ritz lashed out at the U.S. for acting like a “schoolyard bully” on trade issues, and said he sees more promise in negotiating a bilateral deal with Japan than the more ambitious Trans-Pacific Partnership. Ritz, in an interview with Reuters on […]

By Rod Nickel

Jun. 5, 2014 at 5:09 pm CDT

Reuters — Canada’s largest dairy producer, Saputo, still digesting a major purchase in Australia, is examining other possible acquisitions there and in the U.S., Canada and Latin America, CEO Lino Saputo Jr. said Thursday. In the U.S., potential acquisitions could cost less than $100 million to as much as $4 […]

By Rod Nickel

May. 22, 2014 at 6:45 pm CDT

New York | Reuters — The world’s biggest potash producer, Russia’s Uralkali, plans to produce close to its maximum capacity this year but does not rule out idling production to support the crop nutrient’s price, CEO Dmitry Osipov said Thursday. Uralkali is aiming to produce 12 million tonnes of its […]

By Rod Nickel