Insights and Stories of Dave Bedard

Apr. 14, 2023 at 1:34 pm CDT

Quebec-based meat packer Olymel’s bid to stem losses in its fresh pork business now includes closing down one of its five Canadian hog slaughter plants. Olymel, the protein arm of Sollio Co-operative, announced Friday it will wind down operations at its hog slaughter, cutting and deboning plant at Vallee-Jonction, Que. […]

By Dave Bedard

Apr. 11, 2023 at 7:54 pm CDT

Chicago Mercantile Exchange (CME) live cattle and feeder cattle futures continued climbing Tuesday, with most-active June live cattle again reaching a new contract high. CME June live cattle closed Tuesday at 163.95 cents/lb., up 0.25 cent on the day, while lightly-traded front-month April also closed at a new contract high […]

By Dave Bedard

Apr. 6, 2023 at 5:52 pm CDT

The fate of Winnipeg pea- and canola-based protein processor Merit Functional Foods won’t be confirmed until the end of April at the earliest. Merit, whose major shareholders include Vancouver plant-based protein firm Burcon NutraScience, U.S. agrifood firm Bunge and former executives of Hemp Oil Canada, was placed into receivership March […]

By Dave Bedard

Apr. 5, 2023 at 11:10 pm CDT

Updated, April 6 — Agrifood firm Parrish and Heimbecker has started “major” upgrades on one of its southwestern Ontario grain elevators, with plans to dedicate the site to milling wheat. Winnipeg-based P+H said Tuesday the work already underway at its inland facility on Highway 21 just south of Kincardine will […]

By Dave Bedard

Apr. 5, 2023 at 5:17 pm CDT

A new voluntary program spearheaded by Canada’s soybean value-chain group is expected to help Canadian soy growers seeking a sustainability mark for their goods. Soy Canada on March 28 announced the rollout of Sustainable Canadian Soy, a program it said will be available for the 2023 growing season. Exporters and […]

By Dave Bedard