Reading Time: < 1 minute New Delhi | Reuters — India’s government on Wednesday offered to suspend implementation of three new farm laws that have triggered the biggest farmers’ protests in years, which farm union leaders said they would now consider calling off. The cornerstone of the reform, introduced in September, allows private buyers to deal directly with farmers. Angry […] Read more
Tag Archives retail
India offers to suspend farm reforms
Farmers may call off protests
Food retail order boom may ease after big quarter, Conagra says
Reading Time: < 1 minute Reuters — Conagra Brands put better-than-expected first quarter sales on Thursday down to heavy ordering by retailers worried about the durability of supply chains in the months ahead as a second wave of coronavirus cases takes hold. Shares in the foodstuffs maker dipped as much as three per cent before recovering after chief financial officer […] Read more
Olymel to ramp up processing at Quebec poultry plant
St-Damase expansion work to take about a year
Reading Time: 2 minutes Olymel plans to bring more of its poultry further-processing in-house with a $31.5 million expansion at one of its major slaughter and cutting plants in Quebec’s Monteregie. The meat packing arm of Quebec’s Sollio Co-operative Group announced Monday it had started work that day on a 35,200-square foot plant expansion at St-Damase, about 50 km […] Read more
Indian cabinet minister quits over farm legislation
Reading Time: 2 minutes New Delhi | Reuters — India’s minister for food processing resigned on Thursday over her opposition to planned laws to allow farmers to sell produce directly to bulk buyers and make contract farming easier, saying the legislation will hurt millions of the country’s farmers. “Proud to stand with farmers as their daughter and sister,” Harsimrat […] Read more
Loblaw beats profit estimates as online sales surge
Reading Time: < 1 minute Reuters — Loblaw beat quarterly revenue and profit estimates on Thursday, driven by a near-fourfold jump in online sales, as stay-at-home Canadians used the retailer’s pickup and delivery services to stock up on bread, milk and eggs. With consumers still limiting their trips outdoors due to the COVID-19 pandemic, the company said it would invest […] Read more
Beyond Meat lines up Canadian patty co-packer
U.S. company launches 'latest iteration' of burger line
Reading Time: 2 minutes One of the names tied closest to the plant protein-based meat substitute sector has enlisted an unnamed Quebec operation to make its beef-similar patties for the Canadian retail market. Los Angeles-based Beyond Meat on Wednesday launched the “latest iteration” of its flagship Beyond Burger, billed as “produced locally at a co-manufacturing facility in Canada” and […] Read more
U.S. grains: Wheat climbs on global demand for bread
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures surged on Wednesday, with the May contract on the Chicago Board of Trade hitting a two-month high on a mix of technical buying and global demand for bread as the coronavirus prompts consumer stockpiling, analysts said. Corn futures closed modestly higher while soybean futures turned lower. CBOT May […] Read more
Lots of flour to go around, millers’ association says
System is 'doing extremely well' and should have no problem keeping up with demand, CNMA's Gordon Harrison says
Reading Time: 2 minutes The grain supply chain is working as it should during the COVID-19 pandemic, says the president of the Canadian National Millers Association. “From the milling industry vantage point, the movement of grain from farm to the producer to the elevator systems to mills is doing extremely well,” Gordon Harrison said Tuesday. “The grain supply chain […] Read more
Canopy Growth to shut two B.C. greenhouses, cut 500 jobs
Niagara greenhouse plans also shelved
Reading Time: < 1 minute Reuters — Pot producer Canopy Growth Corp. said on Wednesday it plans to close two of its greenhouses in Aldergrove and Delta, B.C., cutting about 500 positions. The company also said it no longer plans to open a third greenhouse in Niagara-on-the-Lake, Ont. Canopy had said last month it aims to focus on reducing costs, […] Read more
Atlantic Farm Services takes sister firm’s new name
Reading Time: 2 minutes Corrected, Dec. 6, 2019 — The former ag retail distribution and feed milling businesses of Co-op Atlantic are set to take the new name of their sister company. Sollio Agriculture, the agribusiness arm of Quebec-based La Coop federee, announced Monday its Atlantic Farm Services business is officially rebranding with the Sollio Agriculture trademark, which La […] Read more
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