Markets
PARIS, France (Reuters) — Louis Dreyfus Co. will build a pea protein production facility in Yorkton, Sask., as it invests in plant-based protein as part of a push to diversify its agricultural commodity activities. The company will build the facility at its existing industrial complex in Yorkton and aims for it to be ready by […] Read more
Markets
Protein sector faces labour crunch: report
SASKATOON — Government, industry and educational institutes must act now to address the labour challenges confronting the emerging plant-based protein industry in Saskatchewan and Manitoba, according to a new report. “The danger here might be that the sector might not live up to its potential,” said Nicholas Renzetti, research associate with Smart Property Institute, the […] Read more
EPA underestimated U.S. biodiesel production
The low Renewable Fuel Standards assumptions made by the agency threw a monkey wrench into the industry's plans
SASKATOON — Biofuel promoters are feeling simultaneously vindicated and frustrated by new numbers released by the U.S. Environmental Protection Agency. Those numbers show U.S. biomass-based diesel production, which includes biodiesel, renewable diesel, sustainable aviation fuel (SAF) and heating oil, reached four billion gallons in 2023. Related stories: Carbon intensity is ‘game changer’ Renewable diesel plans […] Read more
World wheat supplies may recover in ’24
SASKATOON — Gro Intelligence is forecasting a rebound in global wheat supplies in 2024 after multi-year declines. World stocks of the crop, excluding China, have declined for four straight years, with inventories at their lowest level in 15 years. Related stories: Watch global wheat flows Russian wheat estimates can be tough to make That will […] Read more
Addressing key man risk can mean awkward conversations
It was a shock recently to hear that Jurgen Klopp will be leaving Liverpool Football Club. The most stunningly successful manager in decades for England’s most glorious team is leaving the building this summer, after realizing he was running out of the energy needed to operate at the top of his game. In the nine […] Read more
El Nino-La Nina oscillation impact not determinative
El Nino is on its way out and might be gone by the time crops are growing in Western Canada this summer. Some weather models suggest the waters of the southern Pacific could shift into La Nina by the time harvest arrives. I see media posts drawing attention to the decline of El Nino and […] Read more
Canadian potato production increased last year
Alta. now top-producing province with output of 32.063 million hundredweight surpassing previous year’s 26.813 million
There was reshuffling of Canada’s leading potato-producing provinces in 2023, according to a recent report from Statistics Canada. At 32.063 million hundredweight of potatoes this year, Alberta vaulted from third to first place as it improved on the previous year’s crop of 26.813 million. Manitoba moved into second spot from third with its harvest of […] Read more
Monsoon disappointment affects Indian pulses
India's northeast monsoon produced less rain than normal, which in turn reduced the amount of pulses farmers plant
SASKATOON — India’s winter monsoon has been a disappointment, but farmers in that country still might harvest a record lentil crop, says an analyst. South Asia experiences two monsoons: the southwest or summer monsoon, which usually occurs from June through September, and the northeast monsoon from October to December. Related stories: India may need to […] Read more
Competition grows in durum market
Canada's share of purchases in the European Union has plunged to 19 percent in 2023-24 from 72 percent last year
SASKATOON — Canada has yet another fierce competitor to contend with in its former top market for durum. Reports surfaced earlier this year about the sharp rise in Turkish and Russian durum exports to the European Union. Those exports have severely restricted Canadian sales to Italy and other European Union countries. However, a third player […] Read more
Canfax report
This cattle market information is selected from the weekly report from Canfax, a division of the Canadian Cattle Association. More market information, analysis and statistics are available by becoming a Canfax subscriber by calling 403-275-5110 or at www.canfax.ca. Fed prices lower It was a disappointing week for the western Canadian fed market. Both Ontario and […] Read more
