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Canada Now Third Largest Importer of US Grains in All Forms

Thanks to a feedgrain deficit, Canada is now the third largest importer of US grains in all forms.

An opportunity was created for US corn and DDGS when a drought in Western Canada last summer significantly reduced the country’s barley and wheat supply, creating an ingredient deficit for cattle and hog feed. With those commodities less available, Canada has purchased 3.47 million tonnes of US corn and 352,111 tonnes of DDGS so far in the 2021-22 marketing year, according to the US Grains Council.

Those purchases mean Canada now only trails Mexico and China in terms of total imports of US grains in all forms.

In its February supply-demand outlook, Agriculture Canada projected imports of US corn for the entire 2021-22 marketing year at 4 million tonnes, up 144% from the previous year’s 1.63 million.

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Finding a Balance of Innovation and Regulation - Dr. Peter Facchini

Video: Finding a Balance of Innovation and Regulation - Dr. Peter Facchini

Regulations help markets and industry exist on level playing fields, keeping consumers safe and innovation from going too far. However, incredibly strict regulations can stunt innovation and cause entire industries to wither away. Dr. Peter James Facchini brings his perspective on how existing regulations have slowed the advancement of medical developments within Canada. Given the international concern of opium poppy’s illicit potential, Health Canada must abide by this global policy. But with modern technology pushing the development of many pharmaceuticals to being grown via fermentation, is it time to reconsider the rules?

Dr. Peter James Facchini leads research into the metabolic biochemistry in opium poppy at the University of Calgary. For more than 30 years, his work has contributed to the increased availability of benzylisoquinoline alkaloid biosynthetic genes to assist in the creation of morphine for pharmaceutical use. Dr. Facchini completed his B.Sc. and Ph.D. in Biological Sciences at the University of Toronto before completing Postdoctoral Fellowships in Biochemistry at the University of Kentucky in 1992 & Université de Montréal in 1995.