Reading Time: < 1 minute CNS Canada — Canola crush margins have fallen to some of their lowest levels in more than a decade, which should keep a lid on any upside in prices. As of Thursday, the canola board crush margin calculated by ICE Futures U.S. was only about $26 above the November contract, which compares with levels a […] Read more
Canola crush margins tightest in years
CFIA seeks ‘fundamental change’ in chicken processing
Reading Time: 2 minutes Canada’s chicken processors have a year to make plant-level changes to cut the risk of salmonella infection from frozen raw breaded chicken goods. The Canadian Food Inspection Agency said March 12 it will require processors to identify salmonella as a hazard likely to occur in these products — and to “implement changes in order to […] Read more
More milk quota increases expected for Eastern Canada
Reading Time: 3 minutes Updated, Jan. 15, 2018 –– Dairy Farmers of Ontario expects it will need six per cent more milk from producers in the next year. DFO chair Ralph Dietrich told the organization’s annual meeting that new processing capacity coming online this year will help drive the continued increase in quota allocated to meet the demand. The […] Read more
Olymel plugs over $52M into poultry processing
Reading Time: 3 minutes The meat packing and processing arm of Quebec’s biggest agrifood co-operative has earmarked over $52 million for poultry plant upgrades and construction in Ontario and Quebec. La Coop federee’s Olymel division in the past week has announced over $30 million for plant upgrades and the purchase of a second facility at Brampton, Ont., $14 million […] Read more
Few stand for Ontario vegetable board elections
Reading Time: 2 minutes Ontario’s 450-odd processing vegetable growers have put up just three people to fill four open spots on the board of their marketing organization. The Ontario Processing Vegetable Growers (OPVG) on Friday announced the results from an election meeting for two District 1 directors, held Thursday evening in Chatham. Tomato and bean grower David Epp of […] Read more
Sharp futures drop sees canola crush margins rise
Reading Time: < 1 minute CNS Canada — The sharp break lower in Canadian canola futures prices on Thursday caused crush margins to rise to their widest levels since January, as the product values have not fallen to nearly the same extent. Canola Board Crush Margins calculated by ICE Futures Canada were at about $114 above the May contract as […] Read more
Canola’s impact shown throughout Canadian economy
Reading Time: 2 minutes CNS Canada –– Like a rock thrown in a lake creates ripples on shore, a new study commissioned by the Canola Council of Canada shows the sector’s impact is growing larger — causing ripples to turn to waves. Canola’s value to the Canadian economy has tripled over the past decade to $26.7 billion a year, […] Read more
Falling farm gate prices highlight ‘long overdue’ topic
Reading Time: 3 minutes CNS Canada — Statistics Canada’s latest Farm Product Price Index marks a year of annual declines, predominantly led by the cattle sector. The whims of the market are one source of losses, but two producer group heads say the data call attention to the country’s processing sector. Year-over-year declines in Canada’s Farm Product Price Index […] Read more
A message from April Stewart, Country Guide's Associate Editor
