Reuters — Tyson Foods, the largest U.S. meat processor, took a five per cent stake in plant-based protein maker Beyond Meat amid growing pressure on food companies to reduce environmental and health risks by changing the way they source protein. Terms of the deal were not disclosed. Manhattan Beach, Calif.-based Beyond Meat sells plant-based burger […] Read more
Tyson invests in non-meat protein
The enticing — and sometimes scary — world of alternative crops
Crops like fababeans and hemp don’t command huge acres, but have been successful alternatives for Alberta producers
Reading Time: 3 minutes Farmers are nothing if not optimistic — optimistic that Mother Nature will be kind; that prices will be good; and that today’s work will pay off a month, six months, or a year down the road. But for all their hopefulness, only some are willing to stray far from tried-and-true crops. “There is always some […] Read more
Pulses stranded at sea as shipping company flounders
CNS Canada — The bankruptcy of a major Korean shipping company has raised some concerns for Canadian pulse crops moving by container, but any disruptions to movement will likely be minor, according to an industry analyst. Hanjin Shipping Co., the world’s seventh-largest container shipping company, declared bankruptcy on Aug. 31, leaving more than half of […] Read more
Manitoba edible bean prospects hampered by wet weather
Commodity News Service Canada – Heavy rains in key edible bean growing areas of Manitoba over the past week likely cut into production prospects, although the market has yet to see any noticeable reaction from a pricing standpoint. Some bean growing areas of the province were hit harder than others, but “they’ve all had a bit […] Read more
More pulse acres expected to affect handling dynamics
CNS Canada –– Canadian grain handlers are curious how dynamics and timing in the rail freight sector will be managed in the upcoming season, given an expected boost in pulse crop production . For the moment, however, Prairie grain movement has dropped to seasonal lows. This year’s pulse area will likely be the largest on record, according to early estimates […] Read more
Hedge fund urges organics firm SunOpta to sell itself
Reuters — Hedge fund Tourbillon Capital Partners is urging Canadian organic food firm SunOpta Inc. to sell itself to a bigger rival, according to a letter sent to the company on Friday. Mississauga, Ont.-based SunOpta’s share price jumped 26 per cent after the US$4 billion hedge fund asked it to hire an investment bank to […] Read more
Canadian firm to buy Taco Time, Cold Stone parent
A Montreal company known for mall food court and quick-service restaurant brands across Canada is set to buy a major U.S. player in the same sectors. MTY Food Group, which owns or holds franchises for 40 brands including Mr. Sub, Cultures, La Cremiere, Extreme Pita, Country Style, Yogen Fruz, TCBY and others, announced Wednesday it […] Read more
How to get a handle on farmland prices
Farm Credit Canada tracks percentage changes across the country, while Alberta Agriculture looks at dollar values in municipalities
Reading Time: 2 minutes Farm Credit Canada’s recently released Farm Land Value Report and a database created by Alberta Agriculture can go a long way to helping producers establish a land value, says a provincial farm business specialist. “According to the new FCC report, Alberta’s change in farmland values was 11.6 per cent which was 1.5 per cent higher […] Read more
Uncertain times prompt growers to take out more insurance
Reading Time: 3 minutes It’s an uncertain world out there, especially in farming — and that has more Alberta producers taking out crop insurance. “We’re seeing more acres being insured by Alberta producers on crops — last year we were close to about 78 per cent of acres insured,” said Merle Jacobson, acting president of the Agricultural Financial Services […] Read more
U.S. study finds no risks to people, planet in GMOs
It’s time for the task of regulating new crop varieties to focus on plants’ characteristics rather than on how the plants were developed, a team of U.S. scientists recommends in a new report. A study committee of the National Academies of Sciences, Engineering and Medicine on Tuesday released an “extensive” study of genetically engineered crops, finding […] Read more
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