Thursday, December 26, 2013

Canada govt invests in soybean markets

Oilseeds Entelliprise

12/23/2013  --  Canadian federal government is making $100,000 investment to promote the country's food-grade soybeans in the international market. The funding will go to the Grain Farmers of Ontario to create export opportunities for Canadian soybeans in specialty markets. "There is growing demand for new varieties of high-quality, safe, food-grade soybeans,`` said Bev Shipley, Lambton-Kent-Middlesex MP.  

Canada's soybean exports have expanded rapidly in the past five years. Thanks to rapid growth in soybean production, Canada's soybean export sales jumped from 1.87 million tonnes in 2008-09 (September-August) to 3.2 million tonnes in 2012-13, according to Statistics Canada. 


Source:   Chatham Daily News, Entelliprise.com

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