A Quebec tofu-maker has received a $400,000 federal loan to help automate its organic tofu production facility.
Tag Archives food ingredients
Feds earmark $400,000 to tofu production automation
Quebec tofu manufacturers have seen high demand in recent years
Dreyfus to step up spending after earnings boost
'Complementary' acquisitions envisioned
Paris | Reuters — Louis Dreyfus Co. (LDC) could nearly double annual investments in the coming years as rising profits help it pursue expansion in its traditional crop trading and newer food-ingredient activities, its CEO told Reuters. The group on Wednesday reported a jump in annual net profit to $1 billion, joining other global crop
Commodity merchant Louis Dreyfus creates food solutions unit
Company to draw on existing oilseeds processing portfolio
Paris | Reuters — Agricultural commodity merchant Louis Dreyfus Co. (LDC) has created a food and feed solutions business line as part of efforts to diversify its activities in step with consumer trends, the company said on Tuesday. The new unit will focus on developing LDC’s presence in the lecithin, glycerine and specialty feed protein
Beef demand, crush margins boost Cargill’s Q1 ledger
Reuters — Grains trader Cargill reported a nearly five per cent rise in quarterly profit on Thursday as global demand for beef and improved oilseed crushing results offset challenges in several business units. But Cargill also faced various headwinds across the company — particularly in its protein and food ingredients units, both of which have
Cargill’s Q3 profit up on ingredient, protein demand
Chicago | Reuters — Global commodities trader Cargill reported a higher quarterly profit on Wednesday as strong earnings from its food ingredients and protein units more than offset lagging results from South American grain trading and processing. The privately held company has been streamlining its operations to focus on higher-margin businesses such as food ingredients
Food processors anxious to start ingredient tariff consultations
Finance Department has yet to provide manufacturers with meaningful information on talks
Food processors are full of questions as they await promised consultations regarding eliminating tariffs on food-manufacturing ingredients. Finance Canada is set to lead the talks promised in last month’s federal budget. The budget proposed removing tariffs on ingredients, except dairy and poultry, to make food processing in Canada more competitive internationally, the government said in
Cargill books higher profits, warns of tough markets
Reuters — U.S. agricultural commodities trader Cargill on Thursday reported a rise in third-quarter profit on stronger results in food ingredients and grain handling, but warned about headwinds from oversupplied grain markets and low commodity prices. The privately-held company is exiting lower-margin operations, including its U.S. pork business, and expanding deeper into food ingredients and
Cargill Q1 profit jumps despite commodities slump
Chicago | Reuters — Global commodities trader Cargill Inc. effectively navigated tumbling commodities markets and volatile currencies to turn in a 20 per cent gain in first-quarter profit, the privately held company said Wednesday. The Minnesota-based company’s grain and oilseed supply chain and energy businesses were standouts in the quarter ended Aug. 31, in stark
McDonald’s rolls out campaign thanking farmers
Eighty-five per cent of the food it serves three million Canadian customers per day comes from Canadian farmers
McDonald’s Restaurants of Canada wants Canadian farmers to know they couldn’t do it without them. The company rolled out a month-long advertising campaign this week with commercials featuring empty containers for its most popular menu items with the slogan “not without Canadian farmers.” Television and online commercials link consumers to its Our Food Your Questions
Study: Can Manitoba crops reverse prediabetes?
Manitoba researchers team with Mayo Clinic to see if some foods can delay or prevent diabetes
Manitoba-grown ingredients might reverse prediabetes, according to researchers behind a new study. The Manitoba Agri-Health Research Network (MaHRN), in partnership with Minnesota-based Step One Foods, leads the study, funded by Manitoba Jobs and the Economy. Research kicked off last week when clinical teams met for the first time to determine the criteria for participants, talk
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