The money has been lined up to fund a major expansion for a Winnipeg pea and canola protein processing plant that’s still being built. Merit Functional Foods Corp. announced May […] Read more
Canola
Plant protein processor backed for expansion
Lenders arrange up to $85 million for Merit Functional Foods
Warm weather accelerates crop growth
OMAFRA Field Crop Report for May 28
Warmer conditions starting late last week have fast-tracked crop growth. Rainfall during the past week has been sporadic with isolated thunderstorms resulting in flooded fields in one location and no […] Read more
Huawei extradition ruling could unleash more Chinese backlash
More punitive trade measures expected
Ottawa | Reuters — A British Columbia court ruling that could permit the extradition of a senior Huawei executive to the U.S. leaves Canada vulnerable to further retaliation from Beijing, […] Read more
ICE weekly outlook: Extradition ruling not the only anchor on canola
MarketsFarm — Although ICE July canola finished $1.30 per tonne lower Wednesday, at $463.50, following a ruling on the extradition of Huawei executive Meng Wanzhou, Wayne Palmer said there’s much […] Read more
Huawei executive loses key court argument in fight against extradition
Toronto/Vancouver | Reuters — Huawei’s chief financial officer Meng Wanzhou has lost a key aspect of the trial on her extradition to the United States, a Canadian court announced on […] Read more
Farmer deliveries well above average in April
MarketsFarm — Farmer deliveries of major grains into the Canadian commercial pipeline were up substantially in April, hitting their third-highest monthly total on record, according to updated data Statistics Canada […] Read more
AAFC tightens canola stocks projections
Corrected, May 25 — MarketsFarm — Canadian canola ending stocks for both the current marketing year and the upcoming 2020-21 season will be tighter than earlier forecasts, according to updated […] Read more
Early planted corn emerging, soybean planting continues
OMAFRA Field Crop Report for May 21
Temperatures over the past week have been significantly warmer than the week prior. Most of the province saw rain over the long weekend. In many areas this was welcome news, […] Read more
ICE weekly outlook: Canola nearing resistance
MarketsFarm — ICE Futures canola contracts have trended higher over the past month, but may be nearing the upper end of their nearby range. Solid demand, from both exporters and […] Read more
USDA sets coronavirus aid payments for corn, soy, wheat
Chicago | Reuters — U.S. farmers that grow crops including corn and soybeans will receive coronavirus assistance payments based on either half of their 2019 production or the supplies they […] Read more
Cyber-Savvy Farmer
