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Ag Minister Nate Horner speaks at the Harmony Beef plant at Balzac, Alta. on Feb. 7, 2023. (Government of Alberta video screengrab via YouTube)

Alberta plans new ag processing tax credit

Incentive to be introduced in 2023 budget

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Alberta has telegraphed plans for a new provincial tax credit in its upcoming budget to spur development in the ag processing sector. The province on Tuesday announced plans for what it calls the Alberta Agri-Processing Investment Tax Credit — a 12 per cent, “non-refundable” tax credit for corporations making capital investments in “value-added agri-processing” in
(Saputo Cheese USA video screengrab via YouTube)
Dairy cattle, Livestock, Markets

Saputo to consolidate U.S. cheesemaking, shut three plants

Plans include one new plant, one repurposed

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The Canadian company ranked among the three biggest cheesemakers in the U.S. is preparing to consolidate five of its cheese plants in that country down to two. Montreal-based Saputo announced last Thursday it has construction underway on a new $240 million cut-and-wrap cheese plant in the Milwaukee suburb of Franklin, to be up and running
File photo of a Conagra production facility at Oakdale, Calif., about 150 km east of San Francisco, on Dec, 18, 2015. (Photo: Reuters/Fred Greaves)
Markets

Conagra tops profit, sales estimates even as consumers turn thrifty

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Reuters — Conagra Brands beat quarterly sales and profit estimates on Thursday, boosted by higher prices for its Marie Callender’s and Slim Jim brands even as consumer demand wanes under the weight of decades-high inflation. Global food companies have been increasing prices over the past year to shield profit margins, which have been squeezed by
(Noel Hendrickson/DigitalVision/Getty Images)
Dairy cattle, Livestock, Markets

Mid-year farm gate price hike approved for milk

Processors say incremental hike may soften impact on consumers

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A request from Canada’s dairy farmer organization for an unscheduled increase in the current farm gate price for milk, to help farmers catch up with steep rises in their costs of production, has been granted. The Canadian Dairy Commission said Tuesday it will recommend that the farm gate price for milk be increased effective Sept.
(Dallasgolden/iStock/Getty Images)
Beef cattle, Livestock, Markets

Fifth-generation cattle rancher aims to build biggest U.S. beef plant

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Chicago | Reuters — A fifth-generation cattle rancher and consultant plans to build the country’s largest beef plant in South Dakota with capacity to slaughter 8,000 head of cattle a day. The US$1.1 billion project could help address the Biden administration’s concerns about rising food prices and a lack of competition in the meat sector,
U.S. beef pricing bill on Canadian radar
Livestock, News

U.S. beef pricing bill on Canadian radar

The Canadian sector says U.S. packer competition and price discovery are good for cattle producers north of the border

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The United States is pondering federal legislation to boost competition among beef packers and improve cattle price discovery, and the Canadian cattle industry is watching closely. “Producers in general, but more specifically cattle and beef producers on both sides of the border, crave better price transparency and price discovery,” Manitoba Beef Producers president Tyler Fulton
File photo of barrels on display in a Nova Scotia vineyard. (Tashka/iStock/Getty Images)

Wastewater regulation eased for Nova Scotia on-farm processing

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Nova Scotia has introduced regulatory changes that allow on-farm processing operations to better manage wastewater on their smaller scale. The changes, which took effect May 11, come at the request of the Nova Scotia Federation of Agriculture (NSFA) — which has said that owners of small farm-level processing facilities shouldn’t be treated the same as
(Richardson International video screengrab via YouTube)
Crops

Richardson crush plant workers to vote on new offer

UFCW team endorses latest offer

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Unionized workers at Richardson International’s oilseed crush plant at Lethbridge, Alta. will vote Tuesday and Wednesday on a new offer from the company after rejecting a previous proposal. United Food and Commercial Workers (UFCW) Local 401 announced Tuesday (Jan. 25) its negotiating committee “fully endorses” the new offer after the company’s Richardson Oilseed division “enhanced
Federated Co-operatives in November 2021 secured an option on this land north of its Co-op Refinery Complex at Regina. (FCL.crs)
Crops

Co-op, AGT plan to crush canola at Regina

Crusher would feed FCL's planned renewable diesel plant

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Federated Co-operatives’ plans for a renewable diesel processing plant at Regina now also include processing the canola oil needed to supply that plant. Federated Co-op (FCL) on Monday announced a memo of understanding has been signed with Regina grain and pulse crop processor AGT Foods on a joint venture that will “look to construct” a
U.S. grain firm Scoular is expanding its reach in the flax market with a new processing plant just outside Regina. (Scoular.com)
Crops

Scoular fires up flax processing near Regina

Plant to process flax for food- and feed-grade markets

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U.S. grain handler Scoular’s Canadian arm has opened a new flax processing operation at its site just southeast of Regina, into what it describes as a record-strong flax market. Scoular Canada on Wednesday announced the opening of its “high-speed” flax line at Richardson, Sask., where it already processes and cleans lentils, peas and canary seed.

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