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(Screengrab from Merit Functional Foods video via YouTube)
Crops

Merit Foods stakeholder looking to buy company

Burcon 'actively engaged' with company's receiver

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One of the joint-venture owners of Winnipeg pea and canola protein processor Merit Functional Foods says it’s in talks to buy full control of the cash-strapped company. Two days after Merit entered a court-ordered receivership, Vancouver-based Burcon NutraScience announced Friday it “intends to submit a formal proposal to acquire the business.” Burcon said Merit’s receivership
(Screengrab from Merit Functional Foods video via YouTube)
Crops

Plant protein processor Merit Foods in receivership

Company owes $95 million to EDC, FCC

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The company behind a new Prairie processing plant extracting plant-based proteins from peas and canola has landed in receivership, in the high eight figures’ debt to its secured lenders. PricewaterhouseCoopers (PwC) on Wednesday announced it’s the receiver for both Merit Functional Foods Corp. and the numbered company that owns Merit’s processing plant and property in
The harvest in mid-September made for a pretty picture but the results from a trial of two biostimulants on durum grown on Bishop Farms didn’t produce any yield or quality differences. Erek Bishop said he wants to conduct further trials.
Crops, News

Search for the holy grail of N fertilizer continues

The jury is still out on products containing nitrogen-fixing bacteria

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Real-world tests of nitrogen-fixing bacteria products conducted across the Prairies have shown limited promise, but farm groups aren’t throwing in the towel. “I’m not ready to close the book on these trials just yet,” said Laura Schmidt, a production specialist with Manitoba Pulse and Soybean Growers. In 2022, MPSG ran 10 trials with Envita, which uses naturally occurring bacteria to take
Yellow peas. (Victoria Popova/iStock/Getty Images)
Crops, Markets, Pulses

Pulse weekly outlook: AAFC report makes minor changes

Revisions mainly in dry peas, chickpeas

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MarketsFarm — Following the latest supply and demand estimates from Agriculture and Agri-Food Canada (AAFC), MarketsFarm Pro analyst Mike Jubinville said their numbers “all seem reasonable enough.” There were only a handful of small tweaks to pulses in the AAFC report released Friday. For the most part, the revisions came with dry beans and chickpeas.
Humanitarian aid provided by Palestinian Arabs is distributed at northwestern Syria’s Deir Ballut and Muhammadiyah camps near the Turkish border on Feb. 13, 2022. (Photo: Rami Alsayed/NurPhoto via Reuters)
Crops, Markets, Pulses

Pulse weekly outlook: Earthquake to have little effect on pulse markets

Such disasters don't often blow back on agrifood commodity costs

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MarketsFarm — The earthquake that devastated parts of Turkey and Syria on Monday last week, taking the lives of more than 40,000 people, may not have a major effect on pulse markets, according to one analyst. Jon Driedger from Leftfield Commodity Research in Winnipeg said that while natural disasters like an earthquake can take on
Chickpeas. (CalypsoArt/iStock/Getty Images)
Crops, Markets, Pulses

Pulse weekly outlook: Chickpea stocks down; lentils, dry peas up

Chickpea prices unchanged before report

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MarketsFarm — Statistics Canada on Tuesday tallied up increases in commercial and on-farm stocks of both lentils and dry peas, in its report on grain stocks as of Dec. 31, 2022. Unlike those two pulses, however, StatCan reported total stocks of chickpeas decreased, at 185,000 tonnes in December 2022 compared to 311,000 in December 2021.
An agricultural economist says two methods show promise for reducing nitrogen application while doing little to farmers’ bottom line.
News

N reductions possible without significant economic losses

Rotation and management key, but two studies suggest the possibilities

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Reducing nitrogen use is key to reducing greenhouse gas emissions, but there are ways to do so without slashing profits, an Agriculture and Agri-Food Canada researcher says. Mohammad Khakbazan is an agricultural economist based at the Brandon Research and Development Centre. He spoke during a Jan. 17 panel discussion at Manitoba Ag Days in Brandon.
Wheat being loaded onto a cargo ship in Vancouver in 2011. (File photo: Reuters/Ben Nelms)
Crops, Markets

China top destination for Canadian grains, oilseeds

CGC data points to key destinations

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MarketsFarm — China is the top destination for Canadian grain and oilseed exports through the first five months of the 2022-23 marketing year, accounting for roughly a third of the total movement, according to the latest monthly report from the Canadian Grain Commission. Canada has exported 6.566 million tonnes of grains, oilseeds, and pulses to
How much diversity in a cover crop is too much?
News

The making of a cover crop mix

How ‘multi-species’ should a multi-species mix get?

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Michael Thiele wants farmers to design their cover crops for whatever they don’t have in their system. The soil health presenter said during an early January workshop in Minnedosa that for some farmers, that might be soil carbon. For others, it might be nitrogen or soil structure or other soil health traits. On the business

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