Richardson International's Rise to Share Top Grain Spot
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FLAX COUNCIL “ONE BIG MARK OF OUR ON ITS WAY ARROGANCE IS OUR BELIEF To EUROPE IN OUR ABILITY TO Hoping to soon close the PREDICT THE FUTURE.” book on CDC Triffid » PAGE 9 Author and jornalist Stephen Dubner » PAGE 13 March 29, 2012 SerVinG Manitoba FarMerS Since 1925 | Vol. 70, No. 13 | $1.75 Manitobacooperator.ca Richardson International’s rise to share top grain spot Founded 155 years ago, Richardson International, has outlasted the Pools, UGG and the wheat board By Allan Dawson CO-OPERATOR STAFF he pending multibillion-dollar sale of Viterra demonstrates the value of patient capital T and private ownership, says Richardson International president Curt Vossen. Last week publicly traded Viterra, Canada’s larg- est grain company, announced it was selling to the world’s No. 1 diversified commodities trader, Swiss-based Glencore, for $16.1 billion. But in a move believed aimed at getting government approval, Glencore will sell some of Viterra’s assets to Winnipeg-based Richardson and fertilizer giant Agrium, headquartered in Calgary. Richardson’s market share will jump to 34 per cent from around 24 currently. Richardson will buy 19 Viterra elevators, 13 attached retail farm input outlets, Viterra’s smaller 231,000-tonne-capacity “C” terminal at Thunder Bay, one-quarter of Viterra’s 282,830-tonne Cascadia terminal at Vancouver and Can-Oat mill- ing, which includes a wheat mill in Texas and an oat plant in Nebraska. Calgary-based Agrium will buy 90 per cent of Viterra’s 258 input stores in Canada and all 17 in Australia, along with 34 per cent of Canadian Fertilizers Ltd. for $1.15 billion. Viterra traces its roots back to the defunct farmer- owned Prairie Pools and United Grain Growers, which once dominated Western Canada’s grain Pioneer Grain, a division of Richardson International, believes it is well-positioned to make the long haul. PHOTO: KATHLYN HOSSACK See RICHARDSON on page 6 » It’s early, but a good time to fertilize KAP wants a blanket exemption allowing manure spreading before April 10 By Allan Dawson gists with Manitoba Agriculture, will probably be harder for guys time because the growing point is CO-OPERATOR STAFF Food and Rural Initiatives to resist the temptation to go out below the surface. But if extreme (MAFRI). and seed,” de Rocquigny said. cold doesn’t kill a young crop Field work was underway in “Why? Because it’s March,” In 2010, 58 per cent of outright, cooler temperatures some parts of Manitoba late last MAFRI’s cereals specialist Pam Manitoba’s cereal crops were can delay emergence and plant week as farmers began applying de Rocquigny said in an inter- seeded in April, however, tor- growth making the crop vulner- fertilizer applications during one view March 23. rential rains at the end of May able to disease. An early-seeded of the earliest springs people can There’s still a strong possibility drowned many crops, some of crop may end up being no more remember. of getting extremely cold tem- which were never reseeded advanced than one seeded later But while extension officials peratures, she said. because fields stayed wet. under warmer conditions. urged farmers to take full advan- Earlier planting usually results On average, 68 per cent of Now is the best time to apply tage of the province’s exemption in higher yields, but bets are off the province’s cereal crops are fertilizer to winter wheat and for- to rules limiting fertilizer appli- when seeding in March. In most planted in May. ages, John Heard, MAFRI’s fertil- cations until after April 10, they years, it’s physically impossible Cereal crops will germinate ity specialist said. cautioned against putting seed in to seed before late April because when soil temperatures are 2 to “Early nitrogen is important to the ground just yet. fields are either snow covered, 3 C and will grow well when the help it recover from winter injury Fertilizing winter wheat and frozen or too wet. soil is 5 C. and promote tillering,” he said. “I forages now makes sense, but “If the weather stays good and Cereal crops can tolerate air seeding not so much, say agrolo- we flip the calendar into April it temperatures of -5 to -8 C for a See FERTILIZE on page 7 » Publication Mail Agreement 40069240 2 The Manitoba Co-operator | March 29, 2012 inside on the lighter side liVESTOCK Maggots eyed as animal feed Not over ‘til It’s disgusting but British entrepreneur says it’s over feed made from maggots is viable U.S. files last minute appeal of WTO COOL ruling 12 CroPs Staying ahead in the innovation game Canola is leading the innovation race, soybeans aren’t far behind 33 FeAtUre Gu Boming, who rears flies, checks on pupae at his farm in Tongxiang of Jiaxing, Zhejiang province. Gu uses maggots as feed for chickens, ducks and eels. REUTERS/STRINGER (CHINA) Now that’s By Wendell Roelf an organic and sustainable nology is simple: Flocks of stEllENBOSCH, SOuth AfrICA / REutErs replacement for the fish meal flies contained in special con- a payday! currently used to fatten up tainers lay eggs which turn amilies tucking into a chickens and pigs. into larvae after three days. Viterra CEO Mayo Sunday roast dinner may “By 2050, at the current rates Millions of teeming maggots Schmidt cashes out to not relish the idea of ani- that we are using fish meal, we are immersed in abattoir blood the tune of $37.5 million 7 F mals fattened on maggots, will need two more planets’ and feed on it to fatten up. but a British entrepreneur in oceans to feed ourselves, said When fully grown at around South Africa believes they’re David Drew, the company’s 12 millimetres, the maggots a viable protein-rich animal managing director. are washed, dried, milled and feed alternative. “What’s been helping us is pelleted. The plant would con- CROSSROADS AgriProtein Technologies the price of fish meal is rising, sume 65,000 litres of blood plans to set up the world’s first it is a scarce resource.” a day, feeding 100 tonnes of large-scale factory in South The company already oper- maggots and producing 20 Let’s make Africa to produce “Magmeal,” ates a “fly farm” and the tech- tonnes of Magmeal. a food plan Food Matters Manitoba wants everyone at the table 17 READER’S PHOTO Editorials 4 Grain Markets 11 Comments 5 Weather Vane 16 What’s Up 8 Classifieds 21 Livestock Markets 10 Sudoku 28 online Visit www.manitobacooperator.ca for daily news and features and our digital edition. (Click on “Digital Edition” in the top right corner.) At our sister site, AGCanada.com, you can use the “Search the AGCanada.com Network” function at top right to find recent Co-operator articles. Select “Manitoba Co-operator” in the pull-down menu when running your search. www.manitobacooperator.ca PHOTO: HILDA NIKKEL PUBLISHER Bob Willcox NEWS STAFF Reporters ADVERTISING SERVICES SUBSCRIPTION SERVICES [email protected] Allan Dawson Toll-Free 1-800-782-0794 204-944-5751 Classified Advertising: [email protected] Monday to Friday: 8:00 a.m. – 4:00 p.m. U.S. Subscribers call: 1-204-944-5568 ASSOCIATE PUBLISHER/ 204-435-2392 Phone (204) 954-1415 E-mail: [email protected] EDITORIAL DIRECTOR John Morriss Toll-free 1-800-782-0794 Subscription rates (GST Registration #85161 6185 RT0001) FOR MANITOBA FARMErs SINCE 1927 [email protected] Shannon VanRaes Canada 204-944-5754 [email protected] ADVERTISING CO-ORDINATOR 1666 Dublin Avenue 204-954-1413 Arlene Bomback 12 months – $51.45 (incl. GST) Winnipeg, MB R3H 0H1 EDITOR Laura Rance 24 months – $90.82 (incl. 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Canadian Postmaster: [email protected] Return undeliverable Canadian addresses (covers only) to: PRODUCTION DIRECTOR Shawna Gibson TM 204-981-3730 [email protected] Circulation Dept., 1666 Dublin Ave., CANOLA INK 204-944-5763 Winnipeg, MB. R3H 0H1 The Manitoba Co-operator | March 29, 2012 3 Farm groups applaud start of trade talks with Japan EXPORT MARKET EXPORT Already a $4-billion market, there is plenty of room for Canada to increase exports even more By Alex Binkley CO-OPERATOR CONTRIBUTOR / OTTAWA “Japan is a highly valued arm and food industry groups trading partner and were quick to praise the launch this agreement will F of negotiations for a Canada- strengthen our economic Japan free trade deal by Prime Minister Stephen Harper and his Japanese partnership.” counterpart Yoshihiko Noda. Japan is the third-largest economy TRAVIS TOEWS in the world and is Canada’s second- Past president – CCA largest agriculture market. The market is worth almost $4 bil- lion for Canadian farmers and food the majority of Japan’s 127 million processors, a federal release says. consumers are unwilling to compro- Japan is the second-largest market for mise on quality and are prepared to Canadian exporters with total pork Canada’s Prime Minister Stephen Harper (l) shakes hands with Japan’s Prime Minister pay a premium for safe, high qual- ity food products.