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File photo of a Conagra production facility at Oakdale, Calif., about 150 km east of San Francisco, on Dec, 18, 2015. (Photo: Reuters/Fred Greaves)
General, Markets, Reuters

Conagra tops profit, sales estimates even as consumers turn thrifty

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Reuters — Conagra Brands beat quarterly sales and profit estimates on Thursday, boosted by higher prices for its Marie Callender’s and Slim Jim brands even as consumer demand wanes under the weight of decades-high inflation. Global food companies have been increasing prices over the past year to shield profit margins, which have been squeezed by […] Read more
(Noel Hendrickson/DigitalVision/Getty Images)
Dairy Cattle, Livestock, Markets

Mid-year farm gate price hike approved for milk

Processors say incremental hike may soften impact on consumers

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A request from Canada’s dairy farmer organization for an unscheduled increase in the current farm gate price for milk, to help farmers catch up with steep rises in their costs of production, has been granted. The Canadian Dairy Commission said Tuesday it will recommend that the farm gate price for milk be increased effective Sept. […] Read more
(Dallasgolden/iStock/Getty Images)
Beef Cattle, Livestock, Markets, Reuters

Fifth-generation cattle rancher aims to build biggest U.S. beef plant

Plan could help address U.S. government's beef over beef prices

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Chicago | Reuters — A fifth-generation cattle rancher and consultant plans to build the country’s largest beef plant in South Dakota with capacity to slaughter 8,000 head of cattle a day. The US$1.1 billion project could help address the Biden administration’s concerns about rising food prices and a lack of competition in the meat sector, […] Read more
File photo of the dome of the U.S. Capitol Building in Washington, D.C.
Free Market Reflections

Dittmer: Marketing and production challenges

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I understand there has been talk of interprovincial inspection and beef sales in Canada. There has been talk and legislation introduced to allow interstate meat sales down here but nothing has happened legislatively from that angle. However, USDA does now have a program to assist existing smaller plants to upgrade facilities from state regulatory standards […] Read more
(Richardson International video screengrab via YouTube)
Canola, Crops

Richardson crush plant workers to vote on new offer

UFCW team endorses latest offer

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Unionized workers at Richardson International’s oilseed crush plant at Lethbridge, Alta. will vote Tuesday and Wednesday on a new offer from the company after rejecting a previous proposal. United Food and Commercial Workers (UFCW) Local 401 announced Tuesday (Jan. 25) its negotiating committee “fully endorses” the new offer after the company’s Richardson Oilseed division “enhanced […] Read more
Federated Co-operatives in November 2021 secured an option on this land north of its Co-op Refinery Complex at Regina. (FCL.crs)
Canola, Crops, Machinery

Co-op, AGT plan to crush canola at Regina

Crusher would feed FCL's planned renewable diesel plant

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Federated Co-operatives’ plans for a renewable diesel processing plant at Regina now also include processing the canola oil needed to supply that plant. Federated Co-op (FCL) on Monday announced a memo of understanding has been signed with Regina grain and pulse crop processor AGT Foods on a joint venture that will “look to construct” a […] Read more
U.S. grain firm Scoular is expanding its reach in the flax market with a new processing plant just outside Regina. (Scoular.com)
Crops

Scoular fires up flax processing near Regina

Plant to process flax for food- and feed-grade markets

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U.S. grain handler Scoular’s Canadian arm has opened a new flax processing operation at its site just southeast of Regina, into what it describes as a record-strong flax market. Scoular Canada on Wednesday announced the opening of its “high-speed” flax line at Richardson, Sask., where it already processes and cleans lentils, peas and canary seed. […] Read more

Canadian Cattlemen Presents: Depth of Field

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