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Local Agriculture

Dairy industry woes push Saputo to revise earnings forecast

Dairy industry woes push Saputo to revise earnings forecast

MONTREAL — Saputo Inc. has pushed back the target date to reach its earnings forecast amid flagging consumer demand for milk products across the globe.
Aurora Cannabis slashes Q1 net loss as it eyes orchid business, further savings

Aurora Cannabis slashes Q1 net loss as it eyes orchid business, further savings

Aurora Cannabis Inc. shaved $590.4 million off its net loss in its most recent quarter as it continued its search for savings and began laying the groundwork for a future orchid business.
Hay production looking good in the Lakeland

Hay production looking good in the Lakeland

With the summer now wearing off, local producers have had a good haying season, setting them up well for the upcoming fall and winter seasons.
Canopy Growth sees $42M net loss in Q1 as cost reduction efforts continue

Canopy Growth sees $42M net loss in Q1 as cost reduction efforts continue

Canopy Growth Corp.
Tilray to buy eight beer brands from Anheuser-Busch, tripling its beverages on tap

Tilray to buy eight beer brands from Anheuser-Busch, tripling its beverages on tap

Tilray Brands Inc. is expanding its case of craft brews, announcing a deal to buy eight beer and beverage brands from Anheuser-Busch Companies LLC. In a filing with the U.S.
Quebec farmers seek help from government as crops devastated by heavy rains

Quebec farmers seek help from government as crops devastated by heavy rains

SAINTE-CLOTILDE-DE-CHÂTEAUGUAY, Que. — Vegetable and berry producers in southern Quebec are asking for government help after torrential rains hit the province this summer and caused heavy losses.
Nutrien announces strategic actions to cut costs amid economic headwinds

Nutrien announces strategic actions to cut costs amid economic headwinds

SASKATOON — Nutrien Ltd. is indefinitely pausing its potash production ramp-up and suspending work on its Geismar clean ammonia project after a period of "unprecedented volatility" in fertilizer markets, said chief executive Ken Seitz on Thursday.
Maple Leaf Foods reports $53.7M net loss in Q2 as company faces inflationary pressure

Maple Leaf Foods reports $53.7M net loss in Q2 as company faces inflationary pressure

Maple Leaf Foods Inc. said it lost $53.7 million in its most recent quarter as it grappled with inflation and other market headwinds.
Correction: Suspect remains at large, but shelter in place lifted

Correction: Suspect remains at large, but shelter in place lifted

Search continues for man, shelter in place lifted for Kikino area
B.C. ranchers struggle as drought sends hay prices soaring

B.C. ranchers struggle as drought sends hay prices soaring

British Columbia rancher Suzanne Fradette had just got off the phone with a hay broker who had grim news amid an ongoing drought that has sent feed prices soaring: "It's bad out there.
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