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Crops

Food Prices — For Now

briefs milan/reuters World food prices are likely to remain on a downward trend for some time, after falling in September again, due to increased cereals output and weaker demand, according to the United Nations Food and Agriculture Organization. But global economic uncertainty and still tight cereal reserves would add volatility to prices, said the agency
News, Oilseeds

Canadian Canola Gains U.S. Approval

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The U.S. Environmental Protection Agency approved the use of Canadian crops such as canola and corn in U.S. biofuels Sept. 29, a move that lifted Canadian canola prices and may help the U.S. meet its ambitious targets for biofuels. The EPA s designation of Canadian crops as a renewable biomass will allow U.S. biofuel makers
Crops, Oilseeds

Canola Continues To Be The Golden Crop

Canola continues to be the darling of the vegetable oil market – and the industry is urging Prairie farmers to keep cranking up production. Western Canadian farmers have painted the Prairies yellow with canola, but processors say they want more. The Canola Council of Canada wants farmers to produce 15 million tonnes of canola by
Crops, Oilseeds

Frito Lay Boosts Fortunes Of Nexera Canola

Processors not only want farmers to grow canola – but their variety. That’s especially true for Dow AgroSciences, which says supply can’t keep up with demand for its healthy, high-stability (omega-9) Nexera canola oil. The company is asking farmers to switch all their canola acres to Nexera in 2012. “In the past we used to
Cereals, News

Bunge Eyes Canada After Wheat Monopoly

U.S. grain-trading giant Bunge Ltd. plans to expand its presence in Western Canada once the Canadian Wheat Board’s marketing monopoly is ended. “The most efficient system is a free market, a complete free market,” Bunge chief executive Alberto Weisser told theGlobe and Mail newspaper. The Conservative government says it will pass legislation this autumn to
Cereals, News

Who’s Responsible For A Viable Open-Market CWB?

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Agriculture Minister Gerry Ritz says the Canadian Wheat Board can survive in an open market, but it’s up to the board and the industry to figure out how. Ritz arrived for a half-hour visit at the board May 30 – his first-ever foray into its downtown offices – to inform officials there what he had
Cereals, Crops

Cargill Calls For Orderly End To Orderly Marketing

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The Canadian government should give the grain industry at least six months to adjust before ending the Canadian Wheat Board’s grain monopoly, the chief executive of Cargill’s Canadian subsidiary said May 11. A good time for the change, which would allow Western Canada’s farmers to sell their wheat and barley to anyone they choose instead
News, Oilseeds

ADM To Expand Canada Canola Plant

ADM Agri-Industries, a subsidiary of U.S. agrifood company Archer Daniels Midland, said March 21 it will double seed receiving and storage capacity at its canola-processing plant in Lloydminster, Alberta. The expansion is the most recent in a series of moves by crushers that reflects strong demand for the oilseed, which is Canada’s second-biggest crop after
Cereals, Crops, Oilseeds

Flooding Inevitable In Saskatchewan

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Above-average spring flooding will hit the southern Saskatchewan crop belt, assuming average weather conditions, the government of Canada’s top growing province of wheat, canola and oats said March 10. Last spring and summer were the wettest on record in much of the Canadian Prairies. The flooding left behind saturated ground ahead of a winter that
Crops, Oilseeds

Canola Biodiesel Mandate Remains In Limbo

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Canola, looks to miss out on potential domestic demand from biodiesel until Canada clarifies its fuel mandate and offers new incentives to an already heavily subsidized industry. Canada has finished selecting biodiesel plant proposals to receive funding from a $1.5-billion program, aiming to cut greenhouse gas emissions by 17 per cent by 2020 from 2005

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AgCanadaTV: Inflation puts tighter squeeze on farmers

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