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A+W’s Beyond Meat Burger. (A+W/CNW Group)
Crops, Pulses

Beyond Meat sees sales more than doubling in 2019

By
Reuters — Beyond Meat, a U.S. maker of plant-based burgers and sausages, said it expects to more than double its revenue and report breakeven EBITDA this year, sending the its shares up over 21 per cent. The company said it expects to record revenue of $210 million in 2019 (all figures US$), with break-even earnings,
soybeans
Grain Markets, Markets

Weather-related soybean rally supportive for ICE canola futures

Trump’s threat of a trade war with Mexico could be bearish

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ICE Futures canola contracts climbed higher during the week ended May 31, as a rally in the Chicago Board of Trade soy complex provided spillover support. The slow pace of spring seeding in the United States catalyzed the rally in Chicago soybean and corn markets, with heavy rains keeping Midwestern farmers off of their fields.
Flea beetle reports are patchy, but farmers in western Manitoba say the bugs are out and they're hungry. In some cases, aggressive feeding has led to multiple spray passes.
Crops, Local news

Flea beetles in fields add to weather worries

Manitoba's dry weather, previous frost stress and recent heat means producers need to keep a close eye on flea beetle damage

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The heat is back in the forecast, and so are the flea beetles. Manitoba Agriculture reported that the beetles were, “aggressively feeding in pockets,” and that some farmers were spraying for flea beetles in the last week of May. Lionel Kaskiw, farm production adviser with the province, says beetle pressure may get worse as the
There’s lots of speculation that Canada's canola dispute with China is caught up in the trade war between China and the U.S.
News

Canola dispute a signal of new trade era

Times have turned more protectionist and Canadian canola is a casualty

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Canadian canola has had problems in China before, but this time is different, says Jim Everson, president of the Canola Council of Canada. In 2009 China threatened to block imports over fears Canadian canola could infect Chinese rapeseed with Canada’s more virulent strain of blackleg, a fungal disease. In 2016 China wanted Canada to reduce
Ag Minister Marie-Claude Bibeau speaks to media at Cigi in Winnipeg on March 13, 2019. (Dave Bedard photo)
Crops

Cash advance boost to take effect next week

By ,
Regulations permanently expanding loan limits under the federal Advance Payments Program — and temporarily boosting interest-free advances for canola growers — are in place for applications to begin next Monday at the earliest. Agriculture Minister Marie-Claude Bibeau said Monday amendments to the Agricultural Marketing Programs Regulations are now in place to boost the APP loan
Blooming rapeseed field at sunset
News, Oilseeds

Canadian canola hits great wall of China

China won’t discuss the situation with Canadian officials

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Despite the ongoing efforts of Canada’s canola industry and the federal and provincial governments, China still is not importing Canadian canola seed, or even willing to discuss its de facto boycott that began in March. “It appears there is no immediate solution to this issue,” Canola Council of Canada president Jim Everson told a webinar
China claimed shipments of Canadian canola were contaminated with weed seeds and plant diseases, but it has yet to show evidence to back up the claim.
News

Quick fix to China canola ban ‘unlikely’

There’s more to it than Huawei, according to a MarketsFarm’s report

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China’s de facto ban on Canadian canola imports has depressed canola prices, which will remain under pressure until the ban is lifted, concludes a report prepared by MarketsFarm, a division of Glacier FarmMedia. “A quick resolution to the Chinese canola import situation is highly unlikely,” the report says. The same holds for Canadian and American

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