CNS Canada — The slumping price of oil continues to weigh on the Canadian dollar, while at the same time providing a boost to Canadian grain prices. Out-of-country buyers tend to more attracted to Canadian grain and wheat when the loonie is low, as they can get more product for their money. However, one market […] Read more
Lower loonie helps farmers, but only so much
Major investment to build Farmers Edge’s data power
Canadian precision agronomy and farm data management firm Farmers Edge plans to keep taking its services to previously underserved acres around the world, with a major cash infusion from a group of its backers. Japanese commodities trading and investment firm Mitsui, Toronto commercial real estate company Osmington and the Green Growth Fund operated by investment […] Read more
Sky-high prices spark a boom in pulse production
Drought in India has sent prices to record highs, but the challenge for Alberta growers is finding yellow pea and red lentil seed
Reading Time: 3 minutes Expect to be hearing a lot more about pulses in 2016. And seeing a lot more of them, too — as western Canadian pulse acreage is set to soar this year. “Red lentils and yellow peas will be the leaders,” said Wes Reid, purchasing manager for WA Pulse Solutions, an Innisfail-based commodity buyer and seller. […] Read more
Here’s where to get help if you’re leaping into growing pulses
Reading Time: < 1 minute Thinking of growing pulses this year? Alberta Agriculture and Forestry has a number of fact sheets and other information at agriculture.alberta.ca. Some of the documents were done several years ago, and the information is not comprehensive. But the last document in the list — Varieties of Pulse Crops in Alberta — was published a year […] Read more
India’s pulses under stress, need well-timed rain
CNS Canada –– India, the world’s largest producer of pulses, needs moisture before crops hit the reproductive cycle at the end of January, or existing losses will become amplified, a weather analyst says. The driest areas in India are important pulse-producing regions in northeastern Andhra Pradesh and neighbouring Uttar Pradesh, said Drew Lerner of World […] Read more
Puree processor gets GF2 funds for expansion
A Portage la Prairie food processor that converts culled vegetables into nutritional purees has received $582,000 from the federal-provincial Growing Value program to increase its capacity. Canadian Prairie Garden Puree Products has acquired new equipment and modified its existing operation in order to cook more types of fruits, vegetables and pulse crops like chickpeas, navy […] Read more
U.S. cracks down on intake of added sugar, saturated fat
Chicago | Reuters — New U.S. dietary guidelines on Thursday urged Americans to cut their added sugar and saturated fat intake to less than 10 per cent of daily calories, but consumer advocates criticized the recommendations for not providing clear guidance on the need to reduce consumption of meat. The government guidelines, which are issued […] Read more
Ex-Legumex crush plant gets new owners, supply deal
Canada’s top grain handler is set to start feeding canola to a U.S. West Coast crushing plant now half-owned by the Prairie company’s parent firm. Regina-based Viterra, the grain handling arm of multinational commodity firm Glencore, on Tuesday announced a supply and marketing deal with Pacific Coast Canola (PCC), a next-to-new crush plant at Warden, Wash., […] Read more
Thunder Bay ag research station gets stay
More time has been bought for a northern Ontario agricultural research station on the brink of closing to come up with a new operating plan. The Ontario government on Monday announced $350,000 in bridge funding for the not-for-profit Thunder Bay Agricultural Research Association, operator of the Thunder Bay Agricultural Research Station (TBARS), to “develop a […] Read more
Smallest ag markets biggest winners in commodities rout
New York | Reuters –– Some of the smallest niche agricultural commodities were the biggest winners this year as weather and disease raised concerns about tightening supplies, spurring a buying spree as an exodus of institutional cash punished oil, metals and grains markets. Cocoa, cotton, sugar and frozen concentrated orange juice on ICE Futures U.S. […] Read more
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