Monday, October 1, 2012

Cargill to build canola-crushing plant in Alberta

WINNIPEG, Manitoba (Reuters) - Cargill Ltd plans to build a canola-crushing plant near Camrose, Alberta, to take advantage of steadily growing Canadian plantings of the oilseed, the U.S. agribusiness giant said on Monday. Canada, the world's biggest producer and exporter of canola, which is crushed to produce vegetable oil and meal, has steadily increased its plantings to what some expect will amount to a record-large harvest this year. Canadian crushing capacity has also expanded in recent years as demand builds from overseas and the United States for the processed products. ... Click here to read the rest

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