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(BungeMOE.com)
Crops

Bunge to sell oilseed processing business in Russia

Grain firms scaling back Russian business

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Reuters — Agricultural commodities trader Bunge said Monday it has agreed to sell its oilseed processing business in Russia to Karen Vanetsyan, the controlling shareholder of Exoil Group. The sale includes the sunflower processing plant in Voronezh. Bunge and its rivals ADM, Cargill and Louis Dreyfus — part of the so-called ABCD quartet of global
(DimaSobko/iStock/Getty Images)
Dairy cattle, Livestock

Canadian retailers impose limits on baby formula purchases

Canada not as hard hit by shortage as U.S.

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Toronto | Reuters — Many Canadian retailers have imposed limits on the amount of baby formula customers can buy amid a shortage following Abbott Laboratories’ February production suspension in the United States, an industry spokesperson said on Wednesday. Canada has not been as hard hit by the shortage caused by the suspension at the Abbott
(GZKele/iStock/Getty Images)
Crops

Ukraine sunseed area seen falling due to war

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Lviv | Reuters — The area sown to sunflower in Ukraine is likely to fall to 4.81 million hectares (11.89 million acres) in 2022 from 6.66 million hectares in 2021 due to hostilities in many regions, the agriculture ministry said on Friday. Ukraine is the world’s largest sunflower seed grower and sunflower oil exporter. The
Burger King’s soy- and potato-based Impossible Whopper entered the Ontario market effective March 22, 2021. (CNW Group/Burger King)
Crops

Burger King rolls out plant-based Impossible Burger in Canada

Nationwide launch of soy- and potato-based burger set for mid-April

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The Canadian arm of quick-service chain Burger King has made its move into the Canadian plant-based burger market, working with U.S. processor Impossible Foods. Burger King, a U.S.-headquartered brand of Toronto-based Restaurant Brands International (RBI) since 2014, said Monday it becomes “the first quick-service restaurant in Canada to put the award-winning, plant-based Impossible Foods patty
File photo of a sunflower crop in Manitoba. (MysticEnergy/Getty Images)
Crops, Markets

Strong demand supports sunflowers

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MarketsFarm — Global demand for sunflower oil is steadily increasing, according to Scoular’s Robert Deraas. Deraas, director of the Scoular Co.’s sunflower and bird food division, explained Wednesday at CropConnect in Winnipeg that the majority of Canadian sunflowers are grown for oil purposes. Increases in demand are driven largely by health-conscious consumers who use sunflower
(Bruce Fritz photo courtesy ARS/USDA)
Crops

Sunflowers down, but not out in Western Canada

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CNS Canada — Canadian sunflower plantings will be down in 2017, but perhaps not by as much as the official government estimate. Statistics Canada forecast the country’s sunflower area at only 50,000 acres in its planting intentions report. That would be down from 70,000 the previous year and the second-lowest acreage base of the past
Dairy cattle, International news, News, Oilseeds

Belarus threatens to ban farm imports from Ukraine

kiev / reuters / Belarus has threatened to ban imports of Ukrainian sunflower oil, corn and several other agriculture commodities after Ukraine announced it was barring imports of Belarussian milk and dairy products, Ukraine’s Farm Ministry said March 3. The retaliatory move by Belarus marked an escalation in a regional trade war over dairy products
News, Oilseeds

Parrots, Pigeons Threaten Argentine Sunflowers

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Flocks of hungry parrots and pigeons are plaguing sunflower farmers in some parts of Argentina, eating their crops and thinning their wallets. As swelling numbers of birds feed on fields, growers try to scare them away using balloons with “menacing eyes” painted on them. Farmers in the South American country, a leading global food exporter,
Grain Markets, Oilseeds

StatsCan Acreage Data Released, Ignored

For three-times-daily market reports from Resource News International, visit “ICE Futures Canada updates” at www.manitobacooperator.ca. Canola futures on the ICE Futures Canada trading platform closed the week ended June 25 with advances. The nearby July contract managed to post the best advances in response to the buying back of previously sold positions. The rolling out

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