Pulse crop and plant-based food ingredient company Global Food and Ingredients Ltd. (GFI) is winding down its operations while owing its secured lenders at least $21 million. The Toronto, Ont.-based company bought and marketed peas, beans, lentils, chickpeas and other high-protein specialty crops, operating three handling facilities at Lajord, Sedley, and Zealandia, Sask., and a… Read More

There’s more work to do to improve where canola’s carbon intensity score ranks in the tax credit regime for renewable fuels in the U.S., according to the executive director of the Canadian Oilseed Processors Association (COPA). After taking a few days to digest the U.S. Treasury Department’s awaited announcement last week of new requirements for… Read More

Canada’s Competition Bureau is raising “substantial competition concerns” with Bunge’s proposed acquisition of Viterra. The US$8.1 billion deal announced in June 2023 would likely harm competition for canola grown near Bunge’s crush plants in Western Canada, and the supply of refined canola oil in Eastern Canada, according to a report published by the Bureau on April… Read More

Cattle market moves are interesting this week, as prices move opposite directions in Canada and the U.S, demand for hamburger tidies up some supply, and feeder cattle movement remains strong. Every second Friday, the Beef Market Update brings you the latest in cattle movement numbers, beef export stats, value changes and so much more. This… Read More

Cattle markets reacted negatively to the news earlier this week of dairy cows testing positive for HPAI in Texas and Kansas. As Anne Wasko of the Gateway Livestock Exchange explains, it’s unfortunate but not unexpected to see a downward dip in futures when uncertainty creeps in to the marketplace. Cash trade in the U.S. was… Read More

Geopolitics, interest rates, currency fluctuations, market demand and the weather — there’s much for farmers to consider when making business decisions in a volatile market. Meteorologist and market analyst Shawn Hackett says it’s important for farmers to have a good understanding of all the factors that can impact prices to build effective marketing strategy. At… Read More

GrainFox, a subsidiary of Farmlink Marketing Solutions, has announced its entry into the U.S. market via a partnership with Chicago-based market advisory firm AgResource. “We are thrilled to announce our partnership with AgResource as we expand into the U.S. market. This collaboration is a testament to our commitment to providing producers and agribusinesses with the… Read More

Monday, U.S. ag secretary Tom Vilsack released the final wording of the “Product of U.S.A.” label requirements as it relates to several products, including beef and pork. Though voluntary, the rule is as restrictive — or more — than the mandatory country of origin labeling (mCOOL) requirements that spawned years and years of trade disputes… Read More

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