By Alice McFarlane

Agriculture Roundup for Monday March 6, 2023

Mar 6, 2023 | 11:16 AM

MELFORT, Sask. – The company behind a pea protein processing plant in Winnipeg has gone into receivership less than three years after receiving millions of dollars from the federal and Manitoba governments.

Pricewaterhouse Coopers International was appointed receiver for Merit Functional Foods.

Merit CEO Ryan Bracken said the company founded in 2019 was not able to get the cash flow it needed to operate profitably, and the COVID-19 pandemic affected its business plan.

Manitoba Pulse and Soybean Growers executive director Daryl Domitruk said Merit had contracts for about 10,000 acres of peas and the receivership is going to be felt by farmers in the upcoming growing season.

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Alberta farmers will have to pay more for crop insurance this year as the United Conservative Party government’s budget includes a 60 per cent increase in premiums.

The budget stated the rate hike will raise the crop insurance fund balance back to a level recommended by actuarial evaluations.

The government said the rates are going up because of higher crop prices, more producers participating in the insurance program and the effects of the 2021 drought.

Last year, Alberta crop producers paid a total of $324 million in insurance premiums.

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The Canadian Food Inspection Agency has revoked five primary control zones for the highly contagious avian flu.

It said this happens when post-outbreak surveillance is completed, and no further cases of avian influenza are detected.

The agency’s website showed the number of birds that have been impacted in the province as of Wednesday was 3,657,000.

It said that while the virus affects birds, there is no evidence it can be passed to humans who consume poultry products.

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alice.mcfarlane@pattisonmedia.com

On Twitter: @farmnewsNOW