Reading Time: 2 minutes Masterfeeds, a major feed supplier to Canadian livestock producers, is poised to merge into a new joint venture with U.S. feed businesses.
Masterfeeds to enter new ADM/Alltech feed joint venture
Feed company’s 15 Canadian mills to join new U.S./Canada business
Feed weekly outlook: Status quo for now, but change coming
Reading Time: 2 minutes MarketsFarm — Feed grains in Western Canada have been holding close to the status quo for the last little while, but that’s likely to change, according to Jim Beusekom of Market Place Commodities in Lethbridge. He pointed to increases in corn and wheat this week in U.S. futures markets, in which corn has gained about […] Read more
Cargill shuts China feed mills as swine fever spreads
Reading Time: 2 minutes Chicago | Reuters — Cargill shuttered animal-feed mills in China in recent months partly because the rapid spread of a fatal hog disease has reduced demand, a company executive said Friday. The closures highlight the pain for global agriculture companies from the outbreak of African swine fever in China, the world’s top hog producer and […] Read more
Feed weekly outlook: Spring weather may swing Prairie feed markets
Reading Time: 1 minute MarketsFarm — Weather conditions have the potential to swing feed grain markets in Western Canada over the next few weeks, although prices generally remain steady for the time being. “Spring is here, and as the snow melts it creates mud, road bans and all that lovely stuff,” said Brandon Motz of CorNine Commodities in Lacombe, […] Read more
Pork packer HyLife to enter expansion mode
Reading Time: 2 minutes Manitoba hog slaughter and pork processing firm HyLife says it’s setting itself up for major expansions of its hog finishing and pork processing capacities. The company on Friday said “steady growth in demand” for its pork products overseas calls for an investment of up to $125 million in its integrated pork operations, to start “as […] Read more
Window open wider for comment on CGC licensing moves
Reading Time: 2 minutes Facing “requests from stakeholders,” the Canadian Grain Commission has granted them a 12-week extension on its deadline for comments on plans to license feed mills, producer car loading sites and grain agents. The deadline, previously June 3, is now Aug. 31, the commission said in a release Friday. Input is being sought from producer railway […] Read more
CGC producer protection being revamped, may include feed mills
Reading Time: 3 minutes The Canadian Grain Commission (CGC) is considering adding feed mills to its producer protection program, as part of an overhaul of the program proposed in the federal government’s Bill C-48. C-48, dubbed the Modernization of Canada’s Grain Industry Act, got its first reading Tuesday in the House of Commons. Adding feed mills to the mix […] Read more
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