Jasper Wyman & Son Canada Inc., one of Canada's largest wild blueberry producers is receiving $971,000 in federal government funding to increase exports and upgrade to new equipment. Jasper Wyman & Son Canada Inc. farms approximately 1,200 acres of wild blueberries in Canada. In addition to the federal funds, the company has also been granted... Read More
Category: News
Grain markets had a tough turn of the calendar from July to August, as the complex dealt with a couple of factors that pushed it lower. From a performance standpoint, corn prices lost about seven per cent for the month of July, while soybean and hard red spring wheat prices basically ended July where they... Read More
Canadian Pacific Railway (CP) and Canadian National Railway (CN) are reporting record breaking years for grain and grain product movement. CP moves 26.8MMT For the crop year ending July 31, 2019, Canadian Pacific (CP) moved a record 26.8 million metric tonnes (MMT) of Canadian grain and grain product. It's a number that surpasses the company's... Read More
The Ontario Cereal Crops Committee is citing extensive winter and spring kill of the 2019 winter wheat trials in its decision to not release a performance evaluation report this year. This is the first time this has happened, says Joanna Follings, cereal specialist with the Ontario Ministry of Agriculture, Food and Rural Affairs. All of... Read More
U.S. President Donald Trump has decided to increase pressure on China, just as the U.S. trade teams return to home soil this week. The president has announced a 10 per cent tariff on US$300 billion in imports from China effective September 1, a move that will result in essentially all Chinese products — including cell... Read More
Earlier this week, crop market analyst Chuck Penner shared a graph showing China's year-over-year rapeseed oil (including canola) imports. The trend line since April 2019 is a rather steep line, and it's straight up. Penner, with Leftfield Commodity Research, says that the latest figure clocks in at 254,000 tonnes of rapeseed oil imported — a... Read More
Kubota has unveiled its latest tractor series. Media were on hand at Grapevine, TX, this week to witness the introduction of the M8 Series tractor. With over 200 horsepower, the M8 is Kubota's highest horsepower tractor to date. "The new M8 represents our continued focus on growth in the agricultural market by delivering products that... Read More
The Senate Finance Hearing on United States-Mexico-Canada Trade Agreement (USMCA) took place in Washington, D.C., this week. Discussion centred on the importance of North American free trade to U.S. agriculture and the economy as a whole. Agriculture was well represented on the panel by former USDA Ag Secretary Tom Vilsack, who is the current president... Read More
A new look is coming to the iconic Egg McMuffin. Starting in September, Canadians will start to see the Egg Quality Assurance (EQA) label show up on McDonald's Canada advertisements as the company has paired with the Egg Farmers of Canada (EFC). According to the EFC, all EQA certified eggs have met the highest standards... Read More
Beyond Meat, the company that makes plant-based meat substitutes, announced it will be selling an additional 3.25 million shares of common stock in the face of growing demand for plant based proteins. The news comes after the company shared its second quarter financial results, and lower than expected profits sent the stock diving by at... Read More