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Photo of a Nestle facility. (Nestle via Flickr)
Crops

Nestle to shut Ontario foodservice processing plant

Trenton facility to close in mid-2022

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Global food processing giant Nestle plans to shut a southeastern Ontario plant and move its work to sites in the U.S., citing a “highly competitive” market. The company announced Thursday it will start to wind down work late this year at the Nestle Professional plant at Trenton, where dehydrated dry-blend and frozen products are made […] Read more
(Video screengrab from Conestoga Meats via YouTube)
Hogs, Livestock, Markets

Major Ontario pork packer expects to re-open Monday

Conestoga Meats went offline April 27

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The hog slaughter and processing plant billed as Ontario’s second-biggest pork producer expects to be back in business Monday after a week-long COVID-19-related shutdown. Conestoga Meats, based at Breslau, just east of Kitchener, notified hog farmers and shippers on Friday that it would suspend “most operations” during the week of April 27 to May 1, […] Read more
Members of the Tyendinaga Mohawk Territory block tracks serving Via Rail at Tyendinaga, Ont., east of Belleville, on Feb. 13, 2020. (Photo: Reuters/Chris Helgren)
Crops

CN halts rail traffic in East due to protests

Grain groups seek dispute resolution or enforcement of court orders

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Canadian National Railway (CN) is shutting down its Eastern Canada operations due to ongoing blockades on its rail lines in Ontario. The company announced Thursday it’s been “forced to initiate a disciplined and progressive shutdown” in the region, which means “stopping and safely securing all transcontinental trains across its Canadian network.” The decision “may imminently […] Read more
CBOT March 2019 corn with Bollinger (20,2) bands. (Barchart)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Quiet markets wait on USDA reports, China sales

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Pending the release of U.S. Department of Agriculture (USDA) reports on Friday, trading on the Chicago Board of Trade (CBOT) has remained quiet, according to one broker, who was cautious about U.S. soybean sales to China. Following the 35-day partial U.S. government shutdown that ended Jan. 25, USDA will have taken two weeks to prepare […] Read more
ICE March 2019 canola (candlestick chart) with CBOT March 2019 soyoil (green line). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola waits on trade talks, USDA reports

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ICE canola futures are quiet at the end of January, but could see some movement from outside influences in the coming weeks, according to Exceed Grain senior marketing analyst Wayne Palmer. “Everybody is waiting to see what’s going to happen with the Chinese/United States (trade) talks,” he said. Two days of high-level trade negotiations between […] Read more
USDA’s main home page on Jan. 11, 2019. (GFM Staff photo)
Crops, Markets, Reuters

USDA extends deadline for aid after shutdown

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Washington | Reuters — U.S. farmers now have until Feb. 14 to apply for federal aid designed to offset the impact of retaliatory Chinese tariffs on American crops, the U.S. Department of Agriculture said on Monday, after delays caused by the month-long government shutdown. The previous deadline for the aid program, officially known as the […] Read more

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