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Oilseeds

Cereals, Grain Markets, Oilseeds

Fertilizer prices falling, spring may be even cheaper

DON BOUSQUET It’s Your Business For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oilseed futures at ICE Futures Canada in Winnipeg closed the week ended Oct. 24 steady in barley and higher in canola in a volatile week as spreading global economic turmoil weighed on
News, Oilseeds

FarmPure /from age 1

the column at left, then click on “FarmPure Seeds Inc.”) Pickseed discovered the depth of FarmPure Seeds’ indebtedness during its due diligence for the purchase of the company’s forage and grass business, Kornuta said in an interview last week. The proposal, she wrote, will allow FarmPure Seeds to be sold as “a going concern with
News, Oilseeds

Food approval sought for canola proteins

A food research and development firm says its two canola protein isolates, developed partly in Manitoba, will meet U. S. safety standards as food ingredients – and will now see if U. S. regulators agree. Burcon NutraScience, based in Vancouver with lab and technical facilities in Winnipeg, announced Oct. 7 it has “self-affirmed” that its
Cereals, Crops, Grain Markets, Oilseeds

Grains outlook muted by bearish economy

DON BOUSQUET It’s Your Business For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oilseed futures at ICE Futures Canada in Winnipeg closed the week ended Oct. 17 lower, as steep declines in Chicago futures markets and the continued instability in financial markets pressured prices down.
Oilseeds, Other

Testing ordered on Chinese feed ingredients

Dairy ingredients and soybean meal coming from China for use in Canadian livestock feed now must be tested for melamine. The Canadian Food Inspection Agency, working with the Canada Border Services Agency, ordered the new testing regime for such products on Oct. 17, “effective immediately,” looking both for melamine and for cyanuric acid, often found
News, Oilseeds

EU livestock sector hit by non-GM policy

Europe’s livestock industry will face hefty losses next year if the EU continues to ban tiny amounts of unapproved biotech material in imports, industry groups have warned. While the EU has approved a string of genetically modified products – mainly maize types – by default rubber stamps since 2004, it does not permit the presence
Cereals, Crops, News, Oilseeds

China shores up falling crop prices

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China will purchase grains for reserves at prices above current market levels, set up national soybean reserves and buy grains, rapeseed and cotton, in order to help shore up incomes of farmers whose commodity prices are falling sharply. The moves are in line with a pledge by top policy-makers this month to increase rural incomes.
Oilseeds, Other

Higher oil content and wet harvest increases heating risk

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“The warmer it (canola) is the drier it needs to be to stay stable. It’s that combination of temperature and moisture that’s important.” – DERWYN HAMMOND Ed Rempel makes no apologies for his penchant for storing his canola crop dry. “When it comes to growing canola being paranoid means being profitable,” he said in an
Cereals, News, Oilseeds

Latin America faces pain as commodities party ends

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The end of a long global commodities boom threatens to hit Latin America harder than any other region, putting a sharp brake on its economies and pressuring government spending plans. From bulging foreign reserves and the emergence of corporate giants to the destruction of vast areas of the Amazon rainforest, booming commodity prices have reshaped
News, Oilseeds

U. S. bill to wipe out “splash and dash”

The lucrative “splash and dash” practice of collecting U. S. tax credits on imported biodiesel fuel that is sent to Europe would end under the financial rescue bill sent to the White House Oct. 3. President George W. Bush was expected to sign the bill, which also extends the $1-a-gallon biodiesel tax credit through 2009

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