Reading Time: 5 minutes Alberta farmers will be growing a lot more hemp when two new proposed processing facilities open their doors in 2024. One is a $72-million hemp oil-processing operation to be built in a yet-to-be-determined location in southern Alberta while the other is a rare bird in the hemp sector — a facility that will process hemp […] Read more
Alberta poised to become hemp-processing powerhouse
Two hemp processors aim to open $70-million production plants in 2024
ADM, Bunge expected to post strong results as Ukraine war ignites demand
Chicago | Reuters – A string of strong quarterly profits by global agribusinesses Archer-Daniels-Midland Co ADM.N and Bunge Ltd BG.N likely continued in the first quarter despite surging crop costs and global supply chain disruptions triggered by Russia’s invasion of Ukraine, analysts said ahead of earnings releases this week. Both companies capitalized on good oilseed […] Read more
Former nurse finds joy in her blossoming flower business
Reading Time: 3 minutes Emergency room nurse Sarah Schultz has hung up her scrubs — and picked up a garden apron and a trowel. “About six years ago, I happened across a flower farm on Instagram — I had never seen a dahlia before,” said Schultz, who lives on a grain operation near Strathmore with husband Jay and their […] Read more
Bowden pulse-processing plant aims to be on the cutting edge
Among its goals is to get rid of the aftertaste of pulses and find ways to up protein levels
Reading Time: 2 minutes A consortium of companies behind the province’s first major pulse fractionation plant are vowing to “take plant-based protein extraction to the next level” at the new facility being built in Bowden. And part of that is making pulse ingredients that don’t taste like pulses. “Our emphasis is on processing functionality,” said Kevin McGeough, CEO of […] Read more
The next farming frontier: an industrial park in Calgary
Indoor farm operation backed by McCain Foods will produce a million pounds of leafy greens annually
Reading Time: 2 minutes Alberta has never seen a farm like this: small but big; pesticide free but also bug free; using just a small fraction of normal water use; and with half the workers bearing titles such as “automation technician” or “data architect.” Site work is already underway for construction of a 74,000-square-foot indoor vertical farm that GoodLeaf […] Read more
Bunge raises 2021 profit outlook on higher food, renewable fuel demand
Bunge Ltd reported stronger-than-expected third-quarter results and raised its full-year profit outlook on Wednesday for a third time this year amid improved demand for food and renewable fuel as pandemic restrictions have eased. Although volumes in the U.S. agricultural commodities trader’s core agribusiness and its refined and specialty oils units were down, robust oilseed processing […] Read more
ADM profit more than doubles on strong crush margins, vegoil demand
Global grain trader Archer-Daniels-Midland Co said on Tuesday its third-quarter profit more than doubled, as strong oilseed crushing margins and rising vegetable oil demand boosted its core agricultural services and oilseeds unit. The Chicago-based U.S. grains merchant is anticipating the favorable demand and margin environment to continue supporting results in the fourth quarter and foresees […] Read more
Italy vetoes sale of seed producer to Chinese-owned Syngenta
Rome | Reuters – Italy has prevented Chinese-owned group Syngenta from buying vegetable seed producer Verisem, government officials said, underscoring Prime Minister Mario Draghi’s commitment to shield key assets from unwanted foreign bids. The decision, made at a cabinet meeting on Oct. 19 but not yet made public, marks the first time Italy has vetoed […] Read more
Corteva launches Brazil biotech soy, tackles Bayer head-on
Sao Paulo | Reuters – Corteva Agriscience said on Aug. 9 it will start selling biotech soybean seeds in Brazil, as it seeks to bolster its presence in the world’s largest producer of the oilseed and tackle German rival Bayer AG. Corteva said its Enlist soybean seeds can resist three weed killers including glyphosate, ammonium […] Read more
Cargill, Continental Grain to buy chicken producer Sanderson Farms for $4.5 bln
Reuters – Commodities trader Cargill Inc and agricultural investor Continental Grain Co will buy chicken producer Sanderson Farms Inc for $4.53 billion, the companies said on Monday, at a time when meat prices have been soaring due to strong demand. The deal would see Sanderson Farms, the third-largest poultry producer in the United States, join […] Read more
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