U.S. agrifood giant Cargill is set to bring its crop supply chain further into its proteins business via a new line of plant-based patty and ground products for the retail and foodservice sectors.
Already a major player in meat protein, with assets including two major Canadian packing plants processing up to 6,000 head of cattle per day, Minneapolis-based Cargill said Monday it will launch private-label plant-based patties and ground products in early April.
Brian Sikes, head of Cargill's…
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OPP clear rail blockade, arrest 10
tagged blockade cn ontario OPP pipeline police protests rail Tyendinaga
Tyendinaga, Ont. | Reuters -- Ontario Provincial Police on Monday made 10 arrests and cleared a rail blockade that had been stopping freight and passenger traffic for almost three weeks on one of the country's busiest lines.
OPP secured the area just east of Belleville, Ont., Canadian National Railway Co (CN) said, and CN technicians were inspecting the tracks and signals.
"CN is pleased that the illegal blockade in Tyendinaga has come to an end," the company said in a statement…
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Coronavirus stalls talks with China on canola ban
tagged Bibeau Canola canola seed China coronavirus COVID-19 evacuation Huawei trade dispute
Ottawa | Reuters -- The coronavirus outbreak has stalled talks between Canada and China about Beijing's decision to block Canadian canola seed shipments, Agriculture Minister Marie-Claude Bibeau said Friday.
China, angry at Canada's detention of a top Huawei Technologies executive in December 2018, blocked all imports of canola seed last March on the grounds they contained pests -- a claim disputed by Canada. It also arrested two Canadian citizens on security grounds.
Speaking on…
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Fund traders still bearish on canola
tagged Canola cbot CFTC commitment of traders Corn futures ICE Futures long position MGEX short position Soybeans Wheat
MarketsFarm -- Large fund traders covered short positions in soybeans and corn during the week ended Tuesday, but continued to add to bearish bets in canola, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC).
The net managed money short position in ICE Futures canola came in Tuesday at 68,942 contracts (1,485 long/70,427 short), an increase of about 3,500 contracts from the previous week.
Open interest in the…
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U.S. grains: Soy, wheat, corn close lower after early gains
tagged cbot China closing markets Corn estimates futures phase one production soybean stocks USDA Wheat
Chicago | Reuters -- U.S. soybean, corn and wheat futures fell on Friday, with all three commodities facing pressure after rising early in the session.
Soybean futures hit their highest in more than three weeks after the U.S. Agriculture Department at its annual Outlook Forum projected domestic soybean ending stocks for the 2020-21 marketing year would fall to a four-year low.
But the market gave up its gains after failing to breach a key technical point. Traders also were…
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U.S. livestock: CME hog futures firm
tagged Beef Cattle cattle on feed closing markets CME feeder cattle futures hogs lean hog live cattle Pork Swine USDA
Chicago | Reuters -- Chicago Mercantile Exchange hog futures ended higher on Friday on a mild technical bounce while cattle contracts weakened.
Feeder cattle contracts were under pressure from profit-taking following six straight days of gains that pushed the front-month contract to its highest since Jan. 30.
CME lean hog futures for April delivery ended up 0.15 cent to settle at 67.025 cents/lb. (all figures US$). The contract found support from early weakness at its 20-day…
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Trudeau demands rail blockades be lifted
tagged Belleville blockades cn injunctions OPP pipeline rail Trudeau
Ottawa | Reuters -- Canadian Prime Minister Justin Trudeau on Friday demanded aboriginal protesters lift rail blockades that are hurting the economy and made clear police should, if necessary, enforce injunctions to remove the obstacles.
Trudeau also told a news conference that the Liberal government's talks with various indigenous leaders over the last two weeks had not been productive and would be broken off.
"The situation as it currently stands is unacceptable and…
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JBS to buy U.S. meat processor Empire Packing
tagged case-ready Empire Packing JBS Ledbetter meat processing
The U.S. arm of Brazilian meat packing giant JBS plans to expand its footprint in case-ready further processing with a deal for Memphis-based Empire Packing.
Empire operates meat and poultry processing plants in its home town of Memphis as well as in Cincinatti, Denver, Olympia, Wash. and Mason, Ohio.
It also makes the Ledbetter line of retail meat products, a brand dating back to 1959.
JBS USA announced Tuesday it would buy the five plants and the Ledbetter business for US$238 million…
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Grain Commission’s chief announces retirement
tagged AAFC Canada Grain Act canadian grain commission CGC chief commissioner Doug Chorney grain companies Lonny McKague Marie-Claude Bibeau Patti Miller retirement Viterra
The Canadian Grain Commission (CGC) is seeking a new chief commissioner.
Patti Miller, who has held the position for three years, announced Tuesday to CGC staff that she will retire June 26.
Agriculture and Agri-Food Canada (AAFC) "will be launching an open, transparent and merit-based process to find a new commissioner as soon as possible," federal Agriculture Minister Marie-Claude Bibeau said via email Thursday.
Meanwhile, an AAFC-led review of the Canada Grain Act -- and of…
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Tile drainpipe supplier AccuPipe changes hands
tagged AccuPipe drain tile drainage HDPE pipe manitoba PLS Precision Land Solutions Prinsco Taber tile water management Winkler
Winkler drain tile manufacturer AccuPipe is back with its previous owners after a six-year stint under U.S. management.
Precision Land Solutions (PLS) announced Friday it has bought the AccuPipe business -- which makes HDPE tubing for the farm, commercial and construction tile drainage markets -- from Minnesota-based manufacturer Prinsco for an undisclosed sum.
AccuPipe had been set up at Winkler, Man. in 2012 by PLS founders Chris and Charlotte Unrau. The Unraus sold the business in late…
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