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Markets, News

Vegan milk maker Oatly seeks US$10 billion valuation in IPO

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Oprah Winfrey-backed vegan milk maker Oatly is aiming for a valuation of about US$10 billion in a U.S. initial public offering, following increasing consumer demand for plant-based dairy. The company, whose investors also include rapper Jay-Z and former Starbucks head Howard Schultz, plans to offer nearly 65 million American depositary shares and an additional 20
Crop Report, Crops, News

Seedbed conditions drying rapidly, hay, pasture growth delayed

Manitoba Crop Report and Crop Weather report for May 18

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Southwest Region A few scattered showers in Southwest region amounted to 5 to 7 mm around Waskada and south of Riding Mountain National Park. Overall, it has been another dry and windy week. Most districts in the region did not get any appreciable rain. Seedbed conditions are rapidly drying due to strong winds. Producers are
The Keep It Clean campaign uses a ‘traffic’ system to quantify trade risk from crop protection products.
Crops, News

Keep It Clean enters its fifth year

Industry program helps avoid residue problems on exported crops

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Canadian farmers are being encouraged to use an industry alert program to keep unacceptable pesticide residues on crops from spiralling into potential trade problems. The voluntary program called Keep It Clean informs producers about which products to use on cereal, oilseed and pulse crops and which ones to avoid so as not to exceed maximum
Silage is one way to make the most of annual forage crops during a dry year.
Crops, Forages

Making the case for annual forages

With another dry year looming, producers may want to do whatever they can to set their annual forages up for success

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A season staring at drought conditions is no year to leave feed on the table, and producers may want a more deliberate plan to make the most of their annuals. After three years of short pastures, producers will be used to the province urging them to consider annuals for feed. Greenfeed has been an often-repeated
Crop Report, Crops, News

Warmer temps spur on planting efforts, lack of precipitation a concern

Manitoba Crop Report and Crop Weather report for May 11

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Southwest Region No significant rains fell this week in the Southwest region, and dry conditions persist. Possible showers this weekend in forecast. Cool and calmer conditions have preserved some soil moisture for now. The majority of the region has good seedbed moisture but facing rapid depletion. Many producers are adjusting seeding depths according to the
(File photo courtesy Canola Council of Canada)
Crops, Markets

Canada left with very tight canola, barley stocks

'You can't find canola anywhere in the country'

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MarketsFarm — Statistics Canada’s grain stocks report leaves no question that canola stocks have been tight for some time in Canada and will continue to be unless demand is slashed, according to independent trader Jerry Klassen in Winnipeg. “You can’t find canola anywhere in the country and the stocks that are out there, a lot
(Dave Bedard photo)
Crops, Markets

More canola, less wheat expected ahead of StatsCan report

'Returns per acre are just so much stronger'

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MarketsFarm — Canadian farmers are seen as likely to plant more canola and barley and less wheat this spring, as market participants await the first survey-based estimates from Statistics Canada on Tuesday to confirm the extent of that shift. “Canola will gain acres and wheat will lose acres,” said MarketsFarm Pro analyst Mike Jubinville, pointing
Crops like soybeans, corn and oats are all showing good margins and will compete with canola for acres in Manitoba.
Crops, Markets

Canola looks pretty profitable, but so do a lot of other crops

Examining Manitoba's break-even yield risk ratio

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Before you think we’ll see canola seeded from fence post to fence post this year, it’s good to look at some numbers. And while canola gets a lot of news coverage because of its futures market, the good news this year is that most other crops are showing high prices as well. However, while these
An aerial view of a bale-grazing pod on the Nerbas farm.
Farmit Manitoba

Many options, obstacles for value added

Many entrants are young, driven and with few other options to farm

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Young farmers face “strict realities,” said speaker Phil Veldhuis, who teaches value-added agriculture at the University of Manitoba. They also have some opportunities in value-added production and direct marketing. Veldhuis heads Direct Farm Manitoba, which represents mainly small-scale farmers who sell direct to the public, grocery stores and restaurants. Many farmer members of the group

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