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Pulses

(TysonFoods.com)
Crops, Pulses, Reuters, Soybeans

Tyson invests in non-meat protein

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Reuters — Tyson Foods, the largest U.S. meat processor, took a five per cent stake in plant-based protein maker Beyond Meat amid growing pressure on food companies to reduce environmental and health risks by changing the way they source protein. Terms of the deal were not disclosed. Manhattan Beach, Calif.-based Beyond Meat sells plant-based burger […] Read more
A SunOpta soy milk processing line. (SunOpta, via YouTube)
Crops

U.S. investment firm takes major stake in SunOpta

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Canadian organic and non-GMO food firm SunOpta Inc. has taken on a new minority owner to help it pay down debt and boost its “flexibility.” The Mississauga-based, publicly traded company said Friday it has picked up an $85 million investment, in the form of exchangeable preferred shares, from Los Angeles-based Oaktree Capital Management. The investment, […] Read more
(Dave Bedard photo)
Crops, Reuters

Agrium, PotashCorp shareholders vote on merger next month

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Reuters — Agrium and PotashCorp shareholders will hold separate meetings next month to vote on a merger agreement between the two fertilizer companies, they said in a filing on Thursday. The all-stock deal would combine Potash’s crop nutrient production capacity, the world’s largest, with Agrium’s farm retail network, North America’s biggest. Agrium shareholders will meet […] Read more
(Dave Bedard photo)
Livestock, Markets, Reuters

Cargill profit jumps on beef demand, grain margins

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Reuters — Global commodities trader Cargill reported a sharply higher quarterly net profit on Tuesday, helped by rising beef demand and stronger grain trading and processing margins. The privately held company’s net income rose 66 per cent to $852 million in the first quarter ended Aug. 31 from $512 million a year earlier (all figures […] Read more
(PortOfChurchill.ca)
Crops

Development fund set up for Churchill

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The federal Western Economic Diversification (WD) department will put up $4.6 million for economic development work at and around Churchill, Man. after grain export operations were suspended at the town’s Hudson Bay port. Navdeep Bains, the federal minister responsible for WD, announced the new fund Friday at Churchill, saying it will back “projects that grow […] Read more
(CIA.gov)
Crops, Grapes

Switzerland to recognize Canada’s organic wine, processed foods

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Canada and Switzerland have reached a deal to recognize each other’s organic certifications on wine and “multi-ingredient” foods. The two countries on Thursday announced expansions of their previous organic arrangement, which deems their respective certification systems to be equivalent for organic ag commodities and agrifood products. The amended deal takes effect Saturday (Oct. 1). The […] Read more
(LouisDreyfus.ca)
Crops, Markets, Reuters

Louis Dreyfus stems profit slide, but headwinds persist

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Paris | Reuters — Agricultural trading giant Louis Dreyfus Company eked out a small rise in 2016 first-half net profit, saying steady shipped volumes helped it weather another tough period in commodity markets. Louis Dreyfus has been grappling with ample supply, lower prices and slower economic growth that have cut margins, while also going through […] Read more

Canadian Cattlemen Presents: Depth of Field

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