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New animal feed technology gets funding from OMAFRA

OMAFRA is investing over $500,000 into Cargill’s multi-million dollar meat processing project

By Jennifer Jackson

Ontario will soon be home to the latest in animal protein technology. Jeff Leal, Minister of Agriculture, Food and Rural Affairs, and Minister responsible for Small Business, announced today that the Province will invest $582,000 towards Cargill’s new $3.5 million meat processing project.

The project will allow Cargill to process raw by-products into nutrient rich animal feed.  This process will increase the efficiency of Ontario’s beef supply chain, maintain jobs in Guelph and reduce the amount of transportation emissions, Matt Gibney, general manager for Cargill Protein’s Guelph Beef Processing Facility, announced today.


Ontario Minister of Agriculture Jeff Leal making the announcement.
Photo: Jennifer Jackson

“This new installation is an example of Cargill’s commitment to nourish people, animals and the planet in a sustainable way,” said Gibney. “We are reducing our environmental footprint as a result of fewer emissions from transportation, retaining jobs in Guelph and improving efficiencies in Ontario’s beef supply chain. We greatly appreciate the commitment the Province has shown in this investment partnership.”

The leading-edge technology seen in this project will keep Ontario’s beef industry competitive, said Leal.

“Our food processing sector is a key driver of our economy and our government is committed to supporting it’s continued growth,” he said. “By investing in technology that will support local production, we are helping to ensure Cargill’s operations remain viable and provide great jobs for people right here in Guelph.”

The investment will ensure that 1,600 jobs remain in the city. It also highlights the Province’s focus on strengthening Ontario’s food processing sector, according to Leal.


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Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?

Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?


Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
Our China U.S. soybean purchase tracker is now at 26.6% or a total of 3.2 mmt but for traders it’s taking too long to unfold.
The final Stats Canada production report was bearish canola and wheat projection a record crop in both (it adds to the global glut of supplies) and bullish local corn and soybean prices in Ontario/Quebec thanks to a drought. It will not help the fund flow short-term, the USDA may need to offset it?
A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
More inflows into Bitcoin this past week saw prices rebound back above 90,000 with support at 82,000 and resistance at 96,000.
A V-shaped bottom in cattle suggest the lows are in after Mexico reported another new world screwworm case. Lower weights, seasonal demand and higher U.S. beef select/choice values with a continued closure of the Mexican border to cattle will result in a resumption of higher cattle futures into yearend.
Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.