(CNW Group/Legumex Walker)

Legumex Walker puts sale, merger options on table

Pulse, canola and special-crop processing firm Legumex Walker has declared itself open to “strategic alternatives” for its future, including a sale or merger. The publicly-traded Winnipeg company said Monday its board of directors has set up a review committee to “identify and consider strategic and financial alternatives… with the ultimate goal of maximizing shareholder value.” […] Read more




(Photo courtesy Canola Council of Canada)

Canola crush margins still solid near $100

CNS Canada — Canola contracts on the ICE Futures Canada platform have traded within a wide range over the past month, but crush margins continue to hover around the $100 mark. Crush margins provide an indication of the profitability of the product values relative to the seed cost when processing canola, with exchange rates also […] Read more


(Photo courtesy Canola Council of Canada)

North Dakota canola acreage set to increase

CNS Canada –– Canola acreage in North Dakota is expected to increase slightly in 2015, as it offers many benefits for farmers in the state, industry officials say. “We’ve been projecting canola acres all along to go up from 1.2 million to maybe 1.3 million in North Dakota this year,” said Barry Coleman, executive director […] Read more

(Dave Bedard photo)

ICE weekly outlook: Canola testing major support

CNS Canada — ICE Futures Canada canola contracts were lower for the week ended Wednesday, as continued losses in soybeans, and technical factors, weighed on canola values. The spillover weakness from soybeans was pronounced, according to analyst Wayne Palmer of Agri-Trend Marketing in Winnipeg, who noted beans were 40 cents off their nearby highs. The […] Read more


(Becel.ca)

Trade panel rejects Que. appeal on edible oil products

Quebec has lost its last path of appeal against an interprovincial trade panel’s decision on restrictions for sales of vegetable oil-based dairy products in the province. An appellate panel, convened under the Agreement on Internal Trade (AIT), on Wednesday released a Jan. 26 report which upholds an AIT panel’s ruling last spring, favouring Saskatchewan’s challenge against Quebec’s […] Read more



(Dave Bedard photo)

ADM cuts biodiesel output as industry hit by weak margins

Winnipeg/New York | Reuters — Archer Daniels Midland , one of the world’s top biofuels producers, has slowed North American biodiesel output, the latest sign the industry is battling uncertainty over U.S. renewable fuel policy while the oil rout curbs demand. The Chicago-based agri business has “temporarily” shifted production at its Velva, N.D. oilseeds processing […] Read more