Reading Time: < 1 minute There will be at least three new directors on the Alberta Canola Producers Commission board in the coming year. Director elections are slated for Regions 3, 6, 9, and 12 and both current chair Kevin Serfas (Region 9) and Denis Guindon (Region 3) are completing their second three-year terms and not eligible for re-election. As […] Read more
Three spots open on Alberta canola board
Conagra flags price increases to cushion inflation impact
Prepared foods firm raises sales forecast
Reuters — Conagra Brands said on Thursday it would increase prices again on its frozen meals and snacks to help cushion the blow of higher inflation, after the diversified food maker raised its annual sales forecast and topped quarterly results. Packaged food companies are grappling with inflation as the U.S. economy rebounds, while spending heavily […] Read more
ICE weekly outlook: Canola feeling the energy
Canola riding on fuels' bullish momentum
MarketsFarm — ICE Futures canola contracts moved steadily higher over the week ended Wednesday, hitting the top-end of a three month trading range. While tight Canadian supplies due to a Prairie drought have underpinned the market for some time, the latest strength and any future direction may be more closely tied to movement in energy […] Read more
Exports tumble as supplies simply not there
'There's very little to sell'
MarketsFarm — Cereal and oilseed exports out of Canada nosedived in August just as the 2021-22 marketing began, according to the monthly export report from the Canadian Grain Commission (CGC). At about 2.24 million tonnes, total grain exports were down 38.5 per cent overall compared to those in August 2020. “There’s very little to sell. […] Read more
Surprisingly good harvest quality being reported
Reading Time: < 1 minute The latest provincial crop report was repetitive — but in a good way. The report (conditions as of Sept. 21) used the same phrase for all five regions in the province: “Quality is very good despite the difficult growing season.” It says spring wheat falling into the top two grades ranged from 89 per cent […] Read more
Canada’s drought forces canola importers to turn elsewhere
'Importers...are going to be left out in the cold'
Winnipeg | Reuters — Canada’s smallest canola harvest in 13 years, resulting from severe drought, is forcing importers like Japan and Mexico to pay more or scour other countries for the yellow-flowering oilseed. With the scant available Canadian canola fetching high prices, customers of the world’s biggest canola exporter are leaning more heavily on smaller-producing […] Read more
THE PAYOFF: Plant protein revolution may soon put money in your pockets
Calgary division of British faux meat company to issue first contracts for new high-protein pea next year
Reading Time: 6 minutes It’s being hailed as a game changer — a new high-protein yellow pea variety tailor-made for the booming plant protein market. And producers in Alberta won’t have long to wait before they can get their hands on both the new variety and, possibly, premium prices. “I think it’s fantastic news to hear that there’s investment […] Read more
Canola exports down 72 per cent through eight weeks
MarketsFarm — Canadian canola and wheat exports continue to run well behind the year-ago pace, with movement of all crops down 34 per cent through the first eight weeks of the 2021-22 crop year. Total exports of all of the major grains, oilseeds and pulses as of Sunday, at 4.714 million tonnes, are down by […] Read more
Mandated cuts in fertilizer use could be costly for Canada, report warns
Fertilizer industry study, based on EU plan, points to yield losses for corn, canola, wheat
Straight-up cuts in fertilizer rates — if imposed to help Canada meet its targets for cuts in emissions by the end of this decade — could translate to significantly reduced income for farmers, an industry group warns. Fertilizer Canada, the group representing manufacturers, wholesale and retail distributors for nitrogen, phosphate, potash and sulphur, on Monday […] Read more
Mandated cuts in fertilizer use could be costly for Canada, report warns
Fertilizer industry study, based on EU plan, points to yield losses for corn, canola, wheat
Straight-up cuts in fertilizer rates — if imposed to help Canada meet its targets for cuts in emissions by the end of this decade — could translate to significantly reduced income for farmers, an industry group warns. Fertilizer Canada, the group representing manufacturers, wholesale and retail distributors for nitrogen, phosphate, potash and sulphur, on Monday […] Read more
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