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Grain revenue helps CN’s Q4:

A 23 per cent increase in fourth-quarter grain and fertilizer revenue helped Canadian National Railway (CN) offset higher operating and tax expenses.CN’soverall Q4 profit was $573 million on $2.2 billion in revenue, down 31 per cent from the year-earlier period. Full-year 2008 profit was down 12 per cent at $1.9 billion on $8.5 billion in
Livestock, News

New Food Safety Act introduced

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The Manitoba government is expanding its inspection regime to include inspecting facilities of food processors and distributors, including food warehouses. The new Food Safety Act, introduced last week, would give agriculture department inspectors new powers to enter these facilities and, if necessary, immediately seize and dispose of food or any else posing a food safety
News, Oilseeds

World food system exploits consumers: activist

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Raj Patel held up a Snickers bar, examined the list of ingredients and proclaimed it the key to understanding the world’s food system. The list included cocoa, likely from the Ivory Coast, the world’s largest cocoa producer and an employer of child labour. It also included lecithin, an emulsifier made from soybean oil, found in
Beef cattle, Opinion

Food irradiation’s time has come

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Irradiation shouldn’t replace good manufacturing practices but can be an important step in the right direction. Well, it’s been quite a summer. Who would have thought just a few months ago that food safety would be front and centre as a federal election issue, or that obscure people who work for universities would suddenly emerge
News

ADM profit soars on higher prices

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Archer Daniels Midland Co. reported a quarterly profit that beat Wall Street forecasts by a wide margin, helped by higher selling prices for foods like corn syrup and hedging gains on raw material costs. Shares of ADM, one of the largest U. S. food processors and ethanol producers, shot up as much as 22 per
News

Recall drives Maple Leaf to Q3 loss

Maple Leaf Foods reported a third-quarter net loss on Oct. 29 as charges mounted from a costly recall of tainted meat that the company said was now complete. The company, one of Canada’s largest food processors, posted a loss of $12.9 million compared with a year-earlier profit of $220.4 million. The company said the 2008

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