Daily Network News

More News →

Tag Archives Canola

(Screengrab from Merit Functional Foods video via YouTube)
Crops

Merit Foods stakeholder looking to buy company

Burcon 'actively engaged' with company's receiver

By ,
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
Cars are buried on Hennepin Avenue in Minneapolis on Feb. 23 by a winter storm that crossed the U.S. northern Plains and Midwest and brought needed precipitation to some winter wheat-growing areas.
Grain Markets, Markets

Price trenches remain despite weather, projected plantings

Most traders expect the Black Sea Grain Initiative to be extended

By
North American grain and oilseed markets were up and down during the last full week of February, holding relatively rangebound overall. News of a frost in Argentina sent soybean, corn and canola values climbing higher on Feb. 21, as crop estimates out of the drought-stricken country continue to be revised lower. However, the immediate bullish reaction quickly subsided, and most
(Screengrab from Merit Functional Foods video via YouTube)
Crops

Plant protein processor Merit Foods in receivership

Company owes $95 million to EDC, FCC

By ,
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
ICE May 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Canola drifts downward with soybeans

Wheat's recent decline may spur canola acres

By ,
MarketsFarm — The ICE Futures canola market drifted downward during the week ended Wednesday largely due to macroeconomic activity in the markets, according to one analyst. Jerry Klassen from Resilient Commodity Analysis in Winnipeg said canola prices have mostly followed the lead of the Chicago soy complex, while rains fell on Brazil as its soybean
The president of the Canola Council of Canada feels it needs to constantly remind the federal government about the importance of agriculture.
News, Oilseeds

Canola groups among Canada’s busiest lobby groups

CCGA, CCC expanded efforts beyond usual government departments in 2022, leaders say

By
The Canadian Canola Growers Association was the busiest Canadian lobby group in any sector last year, said president Rick White. “We have been extremely busy,” White said, speaking to the Manitoba Canola Growers at their AGM on Feb. 16. The Canola Council of Canada also cracked the top ten most active lobby groups, White added.
Wheat in progress west of Pathlow, Sask. on Aug. 1, 2022. (Dave Bedard photo)
Markets, Weather

Crop, livestock prices offset reduced marketings in 2022

StatCan data on farm cash receipts tracks recovery off 2021 drought

By ,
New full-year data on Canada’s farm cash receipts in calendar 2022 show how increased commodity prices last year more than offset the drop in quantities sold. Statistics Canada on Tuesday released figures showing Canadian farm cash receipts in 2022 at $94.9 billion, up 14.1 per cent from 2021, including crop receipts of $53.9 billion (also
“... we can use RNAi technologies as a solution to improve global food security.” – Mark Belmonte, University of Manitoba.
Crops, News

Genetic attack cutting edge of sclerotinia fight

Hacking messenger RNA can prevent fungal disease from propagating

By
Most pesticides work by getting into a cell and disrupting its working parts or pathways. By applying the right chemistry at the right time you can shut down a pathogen’s engine and bring it to a stop. But despite all the available chemistry, sclerotinia always finds a way to keep driving around untouched. Mark Belmonte,
Clubroot will likely be found in RMs in 2023 where it has yet to be detected, predicts David Kaminski, field crop pathologist.
Crops

Crop diseases to watch for in 2023

Some pathogens are expected to be on the rise this coming year

By
The apparent transition into a wetter period means different diseases to watch out for, says David Kaminski, field crop pathologist with Manitoba Agriculture. Kaminski was speaking at the CropConnect conference in Winnipeg on February 15. Two crops dominate Manitoba’s agricultural landscape. Wheat and canola account for 70 per cent of the annual crop acres in
A dried-out corn crop sits next to cotton that was planted into a dried-out cornfield, amid Argentina’s worst drought in 60 years, at Tostado in the country’s northern Santa Fe province, on Feb. 8.
Grain Markets, Markets

Canola, soybean markets await any news

Oilseed values remain within general ranges

By
North American grain and oilseed futures were looking for direction in mid-February, with little news to pull values too far one way or the other. ICE Futures canola contracts drifted lower before recovering most of those losses, remaining rangebound overall. Soyoil futures in Chicago find themselves in a downtrend, but meal remains pointed higher and
ICE May 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Rising canola market runs into resistance

Resistance seen around $835, support around $820

By ,
MarketsFarm — ICE Futures canola contracts moved higher during the week ended Wednesday, but ran into some resistance to the upside as values held rangebound overall. “Technicals, short-covering, fund buying and a lack of selling,” were all providing support during the week along with spillover from advances in Chicago soyoil, according to Jamie Wilton of

AgCanadaTV

AgCanadaTV: In case you missed it; your national ag news recap for Jan. 9, 2026

Sponsored By:
More Videos →

Cyber-Savvy Farmer

Glacier Farmmedia Podcast

Latest Market News

More Market News →