Monday’s crop futures markets were mostly a bit weaker, but not subject of major moves. The most interesting element to some was the divergent behaviours between sometimes-sisters canola and soybeans. Instead of acting in lockstep, the two oilseeds seemed to veer away from each other during the session. “There was obviously some money playing back […] Read more
News — page 2503
Futures slightly weaker but relatively stable
U.S. risks trade sanctions in WTO meat label dispute
GENEVA/WASHINGTON, Oct 20 (Reuters) – The United States faces potential trade sanctions from Canada and Mexico after the World Trade Organization ruled on Monday it had failed to bring its meat labeling regulations fully in line with international fair trading rules. The WTO said the United States had not done enough to change its labeling […] Read more
WTO panel supports Canadian complaint over COOL
Winnipeg, October 20 – The World Trade Organization has ruled that amended US Country of Original Labeling (COOL) rules still unfairly discriminates against Canadian and Mexican cattle. The ruling applies to both beef and pork. The compliance panel found that the amended COOL measure violates Article 2.1 of the TBT Agreement because it accords to […] Read more
Tendering process underway for CWB’s future
CWB has initiated a formal tendering process aimed at identifying a potential corporate partner interested in either buying the company, merging with it or entering some other type of partnership arrangement. Federal agriculture minister Gerry Ritz confirmed Oct 17 that the tendering process “has been underway for some time” and is being adjudicated by a […] Read more
Manitoba flood study to explore Assiniboine dam
Assiniboine River | Engineering firm hired to conduct a study, which will evaluate options and benefits of building a second reservoir
It’s been considered before and is being looked at now: a dam on the Assiniboine River downstream of the Shellmouth Reservoir. The Manitoba government is evaluating the cost-benefits of a second reservoir on the Assiniboine River as part of a flood mitigation study evaluating all options to prevent damage from future flood events in the […] Read morePolice investigate grain bagger theft
RCMP are seeking the public’s assistance after a grain bagger was stolen from a farm near Nut Mountain, Sask. The grain bagger — described as an orange and yellow Akron Model E9250 by RCMP — was stolen from a field in that region between Aug. 9 and 23. Anyone with information is asked to contact […] Read more
B.C. producers juice up CFL’s Edmonton Eskimos
Tabletree black cherry juice | B.C. producers and juice makers sell to Canadian Football League coach for use as an anti-inflammatory
Edmonton Eskimos quarterback Matt Reilly is known for running the ball in the face of unlikely odds. Will a shot of cherry juice from a Creston, B.C., company help protect him from injury and heal his bruises? Eskimos head coach Chris Jones may have that in mind. Tabletree Enterprises co-owners Gary and Susan Snow, who […] Read moreCourt upholds rejection of most CWB lawsuit claims
Farmers who are attempting to sue Ottawa for $17 billion over the dismantling of the single-desk CWB are once again exploring their options following a Federal Court of Appeal ruling in Ottawa. The Oct. 15 ruling upheld a previous court decision that rejected most of the claims contained in a $17 billion class action suit […] Read more
Vomitoxin proposal could hamper Canadian grain trade: experts
NEW ORLEANS, La. — The Canadian wheat industry hopes it has dodged a bullet that could have seriously affected trade. Late last year, a Codex committee was close to rubber-stamping new maximum levels for deoxynivalenol (DON), or vomitoxin. The proposal included a limit of two parts per million on raw cereal grains at the farm […] Read more
Chef makes gouda special of the day
Glasgow Glen Farms produces 16 flavours of cheese
NEW GLASGOW, P.E.I. — When Jeff McCourt wanted to buy a popular gouda cheese business in his home province of Prince Edward Island, he needed financing. He decided to sell cheese futures. Now those who bought those futures at $1,000 each receive their returns in cheese — six kilograms of artisanal gouda delivered twice a […] Read more
