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USDA outlines first-ever rule for GMO labeling

Washington | Reuters — The U.S. Department of Agriculture on Thursday laid out its first-ever requirements for labeling of genetically engineered, or GMO, foods as early as 2020, a rule met with praise from some farmers and criticism from consumer groups. Consumers have been pushing for years for greater transparency over what is in their



Manitoba Wheat and Barley Growers Association chair Fred Greig says creating crop committees will address concerns raised about directors’ workload and crop representation if five Manitoba commodity groups amalgamate.

Commodity group merger revised

The new proposal will address concerns from farmer-members

Five Manitoba commodity groups have revised their amalgamation proposal. It now includes four crop committees to address concerns around director workload and crop representation and want members’ input until votes on merging are held in February 2020. “We heard the concerns expressed on the original proposal,” Fred Greig, chair of the Manitoba Wheat and Barley

ICE January 2019 canola with Bollinger (20,2) bands. (Barchart)

ICE weekly outlook: Canola steady heading into 2019

CNS Canada –– ICE Futures canola contracts held relatively rangebound during the week ended Wednesday, and should be expected to remain steady heading into the New Year barring outside political developments. “We’re in a doldrums environment,” said Mike Jubinville of ProFarmer Canada in Winnipeg. “The supply/demand fundamentals suggest this market is reasonably well supplied, with


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Richardson to buy Wesson cooking oil brand

A household name in U.S. cooking oils is set to become part of Canadian grain handler and oilseed processor Richardson International. Chicago-based Conagra Brands said Tuesday it will sell its Wesson oil brand and related assets — including a 280,000-square foot U.S. processing plant at Memphis — to Richardson for an undisclosed sum. Wesson-branded retail

(Dave Bedard photo)

Canola funds reduce net short position

CNS Canada — Fund traders lowered their net short positions in ICE Futures canola during the week ended Tuesday, according to the latest commitment of traders (CoT) report compiled by the U.S. Commodity Futures Trading Commission (CFTC). According to the latest report, managed money and other reportable speculators decreased their net short position in canola


Richardson International’s Jean-Marc Ruest says the company is willing to look at the canola council’s revised priorities, but for Richardson to rejoin the council it must see the benefits justify the cost.

Will Richardson International rejoin the Canola Council?

Jean-Marc Ruest says it all boils down to whether the benefits of membership outweigh the membership fee

Whether Richardson International will rejoin the Canola Council of Canada in the wake of a major review of funding and priorities is still uncertain. When interviewed last week Jean-Marc Ruest, the company’s senior vice-president of corporate affairs, didn’t rule it out but also didn’t leave the impression Canada’s biggest grain company is champing at the

Market access and boosting canola production remain top priorities, says the Canola Council of Canada

Canola council’s new priorities aim to be more efficient, effective

Changes are coming to promotion, agronomy and funding

The Canola Council of Canada has slashed its budget by 40 per cent for the upcoming year. The organization is revamping its priorities to be more effective and efficient in growing Canadian canola markets and production. The changes, which include a shift in canola promotion, the council’s role in agronomy and funding, received unanimous support


Canola crush margins have improved in the past few months thanks to a low Canadian dollar.

Blowback from Chinese CEO’s arrest may drag on markets

New data from StatsCan might (or might not) support canola

ICE Futures canola contracts moved higher during the week ended Dec. 7, although whether that trend continues is questionable. A rally in Chicago Board of Trade soybeans Monday morning (Dec. 3) provided the initial spark for a move higher in canola, as participants reacted to news of a tentative trade truce between the U.S. and