Earlier this week, crop market analyst Chuck Penner shared a graph showing China's year-over-year rapeseed oil (including canola) imports. The trend line since April 2019 is a rather steep line, and it's straight up. Penner, with Leftfield Commodity Research, says that the latest figure clocks in at 254,000 tonnes of rapeseed oil imported — a... Read More
Category: News
Kubota has unveiled its latest tractor series. Media were on hand at Grapevine, TX, this week to witness the introduction of the M8 Series tractor. With over 200 horsepower, the M8 is Kubota's highest horsepower tractor to date. "The new M8 represents our continued focus on growth in the agricultural market by delivering products that... Read More
The Senate Finance Hearing on United States-Mexico-Canada Trade Agreement (USMCA) took place in Washington, D.C., this week. Discussion centred on the importance of North American free trade to U.S. agriculture and the economy as a whole. Agriculture was well represented on the panel by former USDA Ag Secretary Tom Vilsack, who is the current president... Read More
A new look is coming to the iconic Egg McMuffin. Starting in September, Canadians will start to see the Egg Quality Assurance (EQA) label show up on McDonald's Canada advertisements as the company has paired with the Egg Farmers of Canada (EFC). According to the EFC, all EQA certified eggs have met the highest standards... Read More
Beyond Meat, the company that makes plant-based meat substitutes, announced it will be selling an additional 3.25 million shares of common stock in the face of growing demand for plant based proteins. The news comes after the company shared its second quarter financial results, and lower than expected profits sent the stock diving by at... Read More
Confirmation of what producers already know and a reminder of some of the upcoming obstacles has become evident in the latest USDA crop progress and condition report. U.S. corn conditions were reported at 58 per cent at good to excellent, versus the analysts projections of 57 per cent. This is a very slight improvement from... Read More
The Ontario Independent Meat Processors (OIMP) will be diving more into the issue around labour shortages along with market access in a three-part initiative. Recently, OIMP received money from the Canadian Agricultural Partnership and will be using it to explore and identify what's holding back the industry when it comes to expanding their markets. “Labour... Read More
Gay Lea Foods Co-operative Ltd., a cow, and goat milk dairy processor will receive up to $16.9 million through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) and Agriculture and Agri-Food Canada’s Dairy Processing Investment Fund (DPIF). With this funding, Gay Lea Foods is expanding its Teeswater, Ont., facility and will install advanced... Read More
Diagnostic testing for disease in livestock may be easier in the future thanks to a $5.6 million dollar project, led by Dr. Cheryl Waldner, professor of large animal clinical sciences at the Western College of Veterinary Medicine (WCVM), and Dr. Simon Otto, an assistant professor in the University of Alberta School of Public Health. Waldner... Read More
NexusAg, a division of Univar Solutions, has rebranded to NexusBioAg, following a distribution agreement with Acceleron BioAg. The new brand will be the sole distributor of Novozymes in Canada. "We signed on an exclusive distribution agreement and along with that, we've also incorporated the sales staff, marketing and communications team as well as head office... Read More