What’s Up – for Mar. 17, 2011

Please forward your agricultural events to [email protected] or call 204-944-5762. March 17:Agassiz Lamb Co-op membership recruitment meeting, 7-9 p.m., Carman GO Office, 63-3rd Ave. NE. For more info call Randy Eros at 204-422-8723. March 17:Manitoba Rural Adaptation Council annual general meeting, Canad Inns, 2401 Saskatchewan Ave. W., Portage la Prairie. For more info visit www.mrac.ca



Economic Uncertainty Sends Speculators Packing

Canola futures on the ICE Futures Canada trading platform suffered a major price setback during the week ended March 11, with much of the downward price slide associated with the unloading of positions by speculative accounts. None of the liquidation orders were based on fundamentals; rather, individuals were unnerved by ongoing tensions in the Middle

Canada’s Pulse Exports To China Set To Rise

Canada’s pulse exports to China could take a big jump, following that country’s recent elimination of a major trade barrier to peas and other legume crops. China announced last week it had removed the maximum limit for selenium in imported food, a restriction that hampered sales of Canadian dry field peas to the Asian country.


Beef Agency Merger Back On Track

Aproposal to merge Canada’s national beef checkoff agency with its domestic and international marketing bodies will continue, as the checkoff agency moves to take back its marketing roles. The National Check-off Agency – the nickname for the Canadian Beef Cattle Research, Market Development and Promotion Agency – announced March 11 it now has “clear direction”

South Australian Harvest Boosts Viterra Profit

Viterra Inc., Canada’s biggest grain handler and farm retailer, posted its biggest-ever first-quarter profit March 9, easily beating expectations, as the company reaped the benefits of a record harvest in South Australia and high crop prices. “This is a great time to be in the business of producing and marketing food ingredients as the world’s


Cold Weather Limited Top-Grade Canada Canola Supplies

Top-grade canola made up just three-quarters of last year’s crop in Western Canada, the lowest proportion in six years, after too much rain and cool weather kept the oilseed from fully maturing, a Canadian government report said. Canada is the world’s top exporter of canola. In contrast to last year’s limited canola production, the top-quality

ADM Licenses Canadian Firm’s Soy Protein Product

A soy protein product made by Canadian plant protein firm Burcon NutraScience will go to world markets by way of agri-food giant Archer Daniels Midland. Illinois-based ADM has signed on to a 20-year licensing deal with Burcon for worldwide production, distribution and sale of Burcon’s Clarisoy, billed as a 100 per cent soluble, transparent protein


CWB Predicts Small Rise In Wheat Output

Canada’s monopoly wheat exporter maintained its forecast for a small rise in production from the world’s No. 3 seller this year, but offered a slightly more upbeat forecast for global output. The outlook from the Canadian Wheat Board, one of the world’s biggest grain marketers, offers modest relief for millers who have been hurt this

Libya Turmoil Could Hurt Regional Food Security — UN

The United Nations expressed serious concern March 11 about the impact of the Libyan uprising on food security across North Africa because of the region’s dependency on cereal imports. “The ongoing crisis will likely have a significant impact on food security in Libya and in nearby crisis-affected areas,” the UN Food and Agriculture Organization said