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Canadian soybean exports to China almost nothing in March

This is not just a seasonal shift in demand, says Soy Canada’s Ron Davidson

Chinese buyers continue to turn their backs on Canadian soybeans. The latest data from Statistics Canada confirms industry fears, says Soy Canada executive director Ron Davidson. “The numbers are clearly substantiating what the exporters are telling us, which is essentially the Chinese importers aren’t interested in purchasing Canadian soybeans right now,” Davidson said. He added […] Read more

As of March 31 Chinese canola imports well ahead of last year

Increased Canadian exports so far but Chinese oilseed and feed demand is plunging due to African swine fever

Despite reports of China suspending purchases from some exporters, its imports of Canadian canola as of March 31 are well ahead of same period last crop year crop, as are its imports of soybeans and wheat. Meanwhile, in a report last Friday, the U.S. Department of Agriculture again reduced its Chinese oilseed import forecasts due […] Read more

pigs in a field

Value chain for sale

The recent HyLife deal demonstrates how foreign buyers love vertically integrated companies

Offshore buyers don’t just love your products anymore. Some also want a cross-section of the whole value chain. For evidence, look no further than the recent sale of Manitoba’s HyLife Foods to the Thai-based conglomerate Charoen Pokphand Foods (CPF), the third-largest sow company in the world. Once finalized, the deal will hand off 50.1 per […] Read more

Tim Hortons to offer Beyond Meat for breakfast

The plant-based meat substitute that’s made its way to the menus of burger chains such as A+W in Canada and Carl’s Jr. in the U.S. is about to test itself against the Tim Hortons breakfast crowd. The coffee-and-doughnut chain announced Wednesday it’s now testing three types of breakfast sandwiches at “select” stores in Canada using […] Read more

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