War has been disruptive for the global grains and oilseed sector

Oct 31, 2023

Now that the harvest is pretty much wrapped up for most farmers, producers are monitoring the markets and what's happening with production in other countries.

Neil Townsend, a Senior Market Analyst with FarmLink Marketing Solutions thinks that in the next month, we could see some retracement for canola and wheat values.

"Maybe in the canola, we can gain back $1 per bushel, and in the wheat, we can gain back 50, 60, or 70 cents per bushel. Again, I wouldn't be a seller at those values just because to go further out beyond like a month or six weeks right now and predict what is going to happen is hard."

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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.