Sask. canola industry in for ‘drastic change’ as crop gets crushed

  • 📰 TheStarPhoenix
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

The province is poised to unleash new crushing plants as more countries demand canola oil and meal.

that features a biodiesel plant and canola crusher. The company partnered with AGT Foods on the crusher.He said Viterra has three facilities in North America crushing about 1.7 million tonnes. The new Regina facility is targeted to crush 2.5 million tonnes, which would bring the company’s total to around 4.2 million tonnes.Article content

About 10 million tonnes are currently crushed. Once the new crushers are built, 17 million will become oil. “We can help the crushers to build additional plans around the proteins so that these products can be sold and we can increase more jobs,” said Mehmet Tulbek, the president of the Saskatchewan Food Industry and Development Centre. “If you can do it in Saskatchewan instead of shipping it out, that would be great.”With increased oil and meal production, Hallborg said Viterra may need to do more transportation. Typically, canola seed is transported by rail and shipped out at ports.

During the panel discussion, moderator Cherilyn Jolly-Nagel questioned whether Canada’s transportation system is up to the task to handle growing demand.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 253. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Biden calls Chevron CEO ‘mildly sensitive’ after oil exec asks president to change approach to industryPresident Biden on Tuesday said Chevon CEO Mike Wirth was being 'mildly sensitive' when asked to respond to the oil exec's plea to take a different approach. I call biden mildly impacted by dementia Rich coming from a basement dweller that falls of a bike Take the house midterms and then impeach Brandon and Giggle box to save this country. Reverse 230!
Source: FoxBusiness - 🏆 458. / 53 Read more »