processing Archives - Manitoba Co-operator

Bunge Q4 profit falls on weak crush margins, forecasts 2025 earnings drop

Trade tensions and biofuel uncertainty weigh on sector

By Karl Plume, Reuters February 5, 2025

U.S. crop commodities trader Bunge Global posted a larger-than-expected quarterly profit drop on Wednesday and warned that 2025 earnings could sink to the lowest in six years as trade tensions and biofuel policy uncertainty drag on the agricultural sector.

Yellow peas. (Victoria Popova/iStock/Getty Images)

News

GFI closes Saskatchewan operations

By Robert Arnason May 15, 2024

Global Food and Ingredients, a plant-based and plant protein company with facilities in Saskatchewan, has announced a “wind down” of its business operations. A May 7 news release on the GFI website says the company cannot service its outstanding debts.

Protein sector faces labour crunch: report

Nearly two thirds of agri-food companies can't hire all the workers they need

By GFM Network News, Sean Pratt February 6, 2024

Government, industry and educational institutes must act now to address the labour challenges confronting the emerging plant-based protein industry in Saskatchewan and Manitoba, according to a new report.

Feds plan to invest in processing projects

The money comes from a fund earmarked to help supply managed sectors hurt by trade deal

By GFM Network News, Karen Briere February 6, 2024

The federal government will invest $89 million in 49 processing projects in the supply managed sector. Agriculture minister Lawrence MacAulay was in Ingleside, Ont., at the Lactalis Canada cheese plant to make the Feb. 5 announcement. The projects are through the six-year, $397.5-million Supply Management Processing Investment Fund, which is part of Ottawa's commitment to help sectors that lost market share due to trade agreements.

Crops

Potato processor warns against pink rot as harvest gets underway

There are a number of strategies to avoid pathogen spread and potato spoilage in storage

By Geralyn Wichers September 14, 2023

One bad potato can spoil the batch, which is why processor J.R. Simplot is reminding producers to beware of pink rot as they begin harvest. “If you know there’s rot in there, tell your harvest operator, ‘when you come to that low spot, pick up the harvester, drive over, and don’t harvest those certain areas,’”

(Sollio Co-operative Group video screengrab via YouTube)

Hogs, Livestock

Olymel to consolidate Ontario, Quebec further-processing

Chicken plant at Paris, Ont., and pork plant at Princeville, Que. to close

By Dave Bedard, GFM Network News September 14, 2023

Pork and poultry packer Olymel is preparing to permanently shut two further-processing facilities and shift their work to other plants in a new round of consolidation. Olymel, the meat packing arm of Quebec’s Sollio Cooperative, announced Wednesday it will permanently close its pork boning and packaging plant at Princeville, Que. effective Nov. 10, and its

Funding is available for upgrades to hog barn ventilation systems, which can help stop the spread of diseases such as porcine epidemic diarrhea.

News

Tight S-CAP deadline raises concern

The new funding focuses on sustainability and food safety

By Don Norman July 7, 2023

While the ag sector is welcoming the latest program announcement under the Sustainable Canadian Agricultural Partnership (S-CAP), farm groups say there’s not a lot of time to get the paperwork in. “I think there are benefits for farmers across the board and I do give credit to [Manitoba Agriculture] minister Johnson and the department for

File photo of a potato field in Alberta’s Lacombe County. (COrthner/iStock/Getty Images)

Crops

Alberta potatoes chip in $2.9 billion for Canadian economy

New report verifies what many in industry suspected

By GFM Network News, Jeff Melchior July 4, 2023

Alberta’s potato industry is making a big impact — not just on that province but the entire country. A new report — dubbed a “landmark study” by the Potato Growers of Alberta — revealed the sector drove a total contribution of $2.87 billion to Canada’s economy in 2022. It also notes the nationwide creation of

Livestock

JBS opens cleaning unit after outside firm fined for hiring kids

Company says has cut ties to cleaning contractor

By GFM Network News, Reuters May 4, 2023

Chicago | Reuters — JBS USA, one of the biggest U.S. meatpackers, is creating an internal company to clean some of its processing plants after a private sanitation firm it employed was accused of hiring children for dangerous work. The launch shows the complexities involved in replacing Packers Sanitation Services Inc. (PSSI), a firm that

(Richardson International video screengrab via YouTube)

Crops, Markets

Canola crush of 2022 smallest in five years

Meanwhile, soybean crush rose on the year

By GFM Network News, Marketsfarm March 13, 2023

MarketsFarm — Statistics Canada (StatCan) reported that 2022 had the smallest domestic canola crush for a calendar year since 2017. As well, 2022 marked the smallest canola oil production in five years and the least amount of canola meal produced in four years. The sharp reduction of canola being crushed was due to the 2021

Daily Network News

U.S. livestock: Cattle steady ahead of feed report

Feed Grain Weekly: Barley still the king of Canadian feed grains

U.S. grains: Chicago soybeans chop up and down as traders assess China demand

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