Pea processing attracting wide interest

Pea processing attracting wide interest

The Prairies has become a hotbed for ingredient manufacturing based on the crop

The French company Roquette may have kicked off the pea party when it announced a protein-processing facility at Portage la Prairie earlier this year — but it’s no longer the only guest. In September Academy Award-winning film director James Cameron announced he would be investing in a new multimillion-dollar pea-processing plant in Vanscoy, Sask. As



(File photo by Dave Bedard)

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



(Dave Bedard photo)

Cargill posts net profit on special gains; revenue down

Reuters — Global commodity trader Cargill on Wednesday said it turned in a quarterly net profit, boosted by special gains that offset poor results from trading and oilseed processing. Revenue for the privately held company declined for the eighth straight quarter. Minnesota-based Cargill reported net income of $15 million for the fourth quarter ended May



(Dave Bedard photo)

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