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
Tag Archives processing — page 9

More milk quota increases expected for Eastern Canada

Olymel plugs over $52M into poultry processing
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
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
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
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
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