business Archives | Alberta Farmer Express

Regina scores another business win with pulp mill project

Reading Time: < 1 minute Red Leaf Pulp says it will build “Canada’s first non-wood pulp mill” in Regina by turning wheat straw into compostable cellulose pulp for use in packaging, tissue and other paper products. Construction of the $350-million facility is slated to begin next year. Red Leaf says the fibre produced by the facility can be used as […] Read more

Alberta produces a lot of field peas and demand for the protein, starch, and fibre in them is skyrocketing, but there’s no place to process them in the province. But that could change if a company called More Than Protein Ingredients can get the investors it needs for a fractionating plant in Bowden.

News

Bowden pulse-processing plant still a go, says new CEO

Investors are being lined up but some ‘milestones’ need to be met for fractionation facility to proceed

By Jennifer Blair June 14, 2021

Reading Time: 5 minutes Despite recent setbacks, a proposed pulse-fractionating plant near Bowden is moving ahead under new management. The prospect for the facility was thrown into doubt when W.A. Grain & Pulse Solutions was placed into receivership in April. However, prior to that, the Innisfail company, which had spent five years planning the facility and trying to get it off the ground, […] Read more

After five years of effort, Chris Chivilo expects to start construction on his pulse-processing plant at Bowden this summer. But during those five years, Roquette has built the world’s largest pea-processing plant in Portage la Prairie, Man. (left), Merit Functional Foods is now commissioning its new facility in Winnipeg, and Verdient Foods (right) is expanding its processing operation at Vanscoy, Sask.

News, Pulses

The plant protein ship hasn’t sailed — but time is running out

Manitoba and Saskatchewan are part of the pulse-processing boom — but in Alberta, nothing

By Jennifer Blair March 22, 2021

Reading Time: 7 minutes For nearly five years, Chris Chivilo has been ready to break ground on a new pulse-fractioning facility near Bowden. And every year, his plans have been pushed to next year. First, the bottom fell out of the pulse market. Then the capital just wasn’t there. Then the pandemic. But you only get so many ‘next […] Read more

Will Munsey of New Sarepta stands in front of the fire hall that will soon house his meadery.

Heartland, News

Mead maker fermenting something new for hamlet of New Sarepta

By Alexis Kienlen December 18, 2020

Reading Time: 3 minutes New Sarepta was long past its heyday when Will Munsey arrived in the mid-2000s, but the hobby farmer turned mead maker is hoping to bring some new life to the sleepy hamlet. “New Sarepta was a really booming little community up until the 1950s, when better roads were built and people started getting individual automobiles […] Read more

Machinery & Shop, Reuters

CNH Industrial guides for revenue fall up to 20 per cent

By Giulio Piovaccari, GFM Network News July 30, 2020

Milan | Reuters – Vehicle and equipment maker CNH Industrial posted a narrower-than-expected second quarter loss on Thursday and forecast net sales from industrial activities would fall between 15-20 percent this year, as a consequence of the COIVD-19 epidemic. In March the group, which is controlled by Exor, the holding company of Italy’s Agnelli family, […] Read more

Reuters

JBS invests $19-million in safety measures amid COVID-19 pandemic

By Ana Mano, GFM Network News July 30, 2020

Sao Paulo | Reuters –Brazilian food processor JBS SA has invested more than 100 million reais ($19.3 million) in health, safety and contingency measures at all its Brazilian production units, according to a Wednesday company statement that comes as the novel coronavirus continues to ravage local meat plants. The company said the funds were invested […] Read more

Markets, Reuters

BASF says dividends, asset values under review as pandemic bites

By Ludwig Burger, GFM Network News July 29, 2020

Frankfurt | Reuters – Germany’s BASF said on Wednesday its dividend policy and the value of assets on its balance sheet might be revised given uncertainty caused by the coronavirus crisis, particularly in North America and Europe. The policy of the world’s largest chemicals and plastics maker by sales to increase dividends each year and […] Read more

Markets, Reuters

Bunge raises outlook as agribusiness profits beat Wall Street estimates

By Shradha Singh, Karl Plume, GFM Network News July 29, 2020

Reuters – Agricultural commodities trader Bunge Ltd on Wednesday raised its full-year outlook after its second-quarter profit handily beat Wall Street estimates, sending shares up more than 5 percent in premarket trading. Despite a worsening coronavirus pandemic that has rattled global markets, strong soy processing margins in South America, Europe and Asia and accelerated crop […] Read more

The yodelling young cowboy in this Burger King ad has a catchy tune, but one of Canada’s leading beef researchers says its claim of reduced methane emissions from feeding lemongrass to cows is “highly unlikely” to be true.

Beef Cattle, News

A whopper of a different sort?

Burger King unveils splashy new campaign built around lemongrass, and not much science, says expert

By Alexis Kienlen July 27, 2020

Reading Time: 2 minutes The yodelling young cowboy is pretty good, but don’t take it for gospel when Burger King’s newest pitchman warbles that “the scientists have proven that it works.” The American burger chain recently launched (in a few U.S. cities) the Reduced Methane Emissions Beef Whopper. Burger King says it “teamed up” with “top-level” scientists from the […] Read more

The redeveloped Exhibition Park in Lethbridge will include a ‘festival lawn’ on its south side. While large events can’t take place during the pandemic, the project is an example of building for the future, the government said.

News

Exhibition Park gets provincial funding for redevelopment

Province is putting nearly $28 million into ‘an agri-food hub’ in Lethbridge facility

By Alberta Farmer Staff July 20, 2020

Reading Time: 2 minutes As part of its economic recovery plan, the Alberta government will put $27.8 million into “an agri-food hub” at Exhibition Park in Lethbridge. The agri-food hub is part of the centre’s larger redevelopment project, and “will serve as an anchor for growth of Alberta’s value-added food sector,” the government said. “This project will bring a […] Read more

Potash partnership with BHP ‘not our focus,’ Nutrien executive says

Pulse weekly outlook: Manitoba dry beans in good shape

U.S. grains: Corn, soy fall as Midwest rains seen boosting crop health

GFM Network News