MELFORT, Sask. – Canola futures reached contract highs last week.
P.I. Financial senior commodity futures advisor Ken Ball said canola continues to follow the lead of the soybean market.
Canola closed the week up $2.80 up $14.50 for the week. This is only $3.00 away from the highest canola price in five years.
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Canadian Foodgrains Bank received national recognition as a top ten impact charity.
Foodgrains Bank director of resources and engagement Musu Taylor Lewis said when you give to a top ten impact charity, you get about $7 of impact for every dollar donated.
More than 700 charities across the country are rated and evaluated by independent monitor Charity Intelligence Canada.
The Canadian Foodgrains Bank is a partnership of 15 churches and church agencies working together to end hunger.
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Canada and Britain have struck a new trade deal, beating the Dec. 31 Brexit deadline that would have triggered new tariffs on a range of Canadian exports.
The interim deal will replace Canada’s current agreement with Britain under the European Union that currently covers trade between the two countries.
Britain’s decision to leave the EU after its Brexit referendum means the Comprehensive Economic and Trade Agreement (CETA) will no longer apply to the country at the end of the year.
The new deal preserves CETA’s key provision until a more comprehensive agreement can be reached later.
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South Dakota State University is investigating an emerging strain of Porcine parvovirus (PPV1).
Swine Health Information Center executive director Dr. Paul Sundberg said the first strain of PPV1 causes respiratory problems as well as reproductive issues and abortions.
He said the virus has been around for a long time and is very well known to the pork industry.
“There’s been vaccines developed to prevent the effects of parvovirus for a lot of those different clinical situations, especially the reproductive failures,” Sundberg said. “What this is about is looking at new strains.”
Sundberg said over a period of time viruses change and adapt.
“They’re going to move genetically, and this is going to look at a specific new strain of Porcine parvovirus 2. There are multiple strains. There are at least seven and possibly more,” he said.
South Dakota State University will attempt to get more information about this particular strain.
Sundberg said although the work is in its very early stages, he hopes to see some preliminary results within the next few months.
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alice.mcfarlane@jpbg.ca
On Twitter: @AliceMcF
