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Innovation Challenge Winners Bring Local Tech To British Columbia Farms

 
Four B.C. companies have each won $20,000 for developing B.C. technology to help solve a problem identified as part of the BC Ministry of Agriculture and the BC Innovation Council’s Innovation Challenge.
 
The winning companies are using local technology to deter birds from B.C. berry farms, provide up-to-the-minute health checks on crops, turn B.C. wood waste into fully compostable yarn for farm uses, and improve nutrient recovery from farm waste.
 
The winners were selected by a panel of experts, with representatives of the BC Innovation Council, the BC Agriculture Council, Genome BC, the National Research Council, the Investment Agriculture Foundation, SRC Tec, Bioenterprise BC and the federal and provincial governments.
 
The Agritech Innovation Challenge is a partnership between the BC Ministry of Agriculture and the BC Innovation Council with $80,000 in funding provided through Growing Forward 2, a federal-provincial-territorial initiative that provides a $3-billion investment over five years in innovation, competitiveness and market development. The challenge was launched in November 2016 and brought together innovators with industry to develop a product or process to enhance productivity, sustainability and resiliency of B.C.’s agrifood sector.
 
Source : Agriculture and Agri-Food Canada

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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.