Grain markets were on the rise again this past week. Commodity futures advisor with P.I. Financial, Adam Pukalo, says wheat gained 45 cents a bushel this week while November canola was up about 18 dollars per metric ton. He says Thursday was a strong day for grain markets with with canola gaining 27 dollars a […]
Agriculture Minister David Marit, welcomes announcement of a $350-million canola crushing plant for southeast Saskatchewan near Estevan at Northgate. Marit says the 1.1 million ton Ceres Global Ag plant will give farmers another important option to market their canola. Marit believes local farmers could see higher prices from the canola crushing plant. He says the […]
Grain prices in Saskatchewan continue to push into record and near record levels. Canola futures jumped 137 dollars a ton last week and wheat rose 33 cents a bushel. FarmLink Marketing Solutions analyst Neil Townsend says strong demand and dry weather continue to push up prices. “We need to see some big relief for that […]
Saskatchewan farmers are looking at improved prospects for canola sales to the European Union. The EU is phasing out the use of palm oil in biofuel because of concern over the destruction of forests for palm plantations in Asia. Brian Innes with the Canola Council of Canada says the European Union is also worried about […]
Saskatchewan producers are welcoming a new canola crushing plant for Regina. Viterra has announced it will build a 2.5 million ton canola processing facility in Regina, making it the world’s largest integrated canola crush facility. Thats in addition to Cargill’s one million ton, $350 million plant for Regina, announced last week. APAS president Todd Lewis […]
“This is huge for Regina.” That is what Mayor Sandra Masters is saying after Viterra announced plans Monday to build the “world’s largest integrated canola crush facility” in the city. She says a lot of work was done with Viterra to get this deal done for quite some time and that one of the reasons […]
Saskatchewan farmers are watching grain markets continue an upward trend. Canola was up 53 dollars a ton and spring wheat jumped 47 cents a bushel last week. Market analyst Errol Anderson of Pro Market Communications in Calgary says dry weather and strong demand from China are pushing markets upward. “The trick here will be if […]
Cargill has announced plans to build a 350 million dollar canola processing facility in Regina. Cargill says the facility will support the growing global demand for canola products. The company plans to begin construction early next year with plans to be operational by early 2024. The company will also modernize its canola facilities in Clavet, […]
Richardson International has announced a major expansion at its canola processing plant. The Saskatchewan government is welcoming Richardson’s decision to double processing capacity at its canola crush plant in Yorkton, which will make it the largest in Canada. Agriculture minister David Marit says the expansion will help Saskatchewan meet the goals outlined in the province’s […]
A new energy company in southeast Saskatchewan is looking at setting up a major canola processing plant to produce renewable diesel. Covenant Energy president Josh Gustafson says his goal is to bring value-added opportunities to farming. He wants to explore partnership with the oil and gas industry through fuel blending to bring diversity to […]
