Agriculture and Agri-Food Canada

Agriculture and Agri-Food Canada

December 17, 2010 10:30 ET

Research Investment Will Deliver New Opportunities for Eastern Oilseed Farmers

CHARLOTTETOWN, PRINCE EDWARD ISLAND--(Marketwire - Dec. 17, 2010) - Oilseed producers in Eastern Canada will benefit from new soybean and canola varieties aimed at creating new market opportunities. Fisheries and Oceans Minister and Member of Parliament (Egmont) Gail Shea announced today a Government of Canada investment of $3.2 million for the Eastern Canada Oilseed Development Alliance (ECODA) to improve the quality and yields of soybean and canola crops.

"Our Government continues to invest in research that helps farmers diversify their crops, remain successful and competitive," said Minister Shea on behalf of Agriculture Minister Gerry Ritz. "Soybeans and canola are two important crops of our region that offer a great return on investment and open new market opportunities for growers, processors and exporters."

This investment will help develop new varieties of value-added crops such as new short season soybeans which will help farmers expand production. This investment will also help improve the oil content and quality of canola and develop disease and pest management strategies. While research will focus on the Eastern Canada climate, the findings will help growers across the entire country improve production and profits.

"This announcement establishes a partnership among researchers, farmers, processors and their customers that ensures that the investments made will obtain positive returns from the marketplace," said Rory Francis, President of the Eastern Canada Oilseeds Development Alliance. "Our goal is to establish oilseed crop varieties that are tuned to the market, and work well for growers."

Soybean production has grown significantly in the past six years, particularly in Ontario, which grows the majority of soybean crops in Canada. In 2009, soybean was the third largest crop in terms of farm cash receipts in Canada, at $1.34 billion, and was the largest in farm cash receipts in Ontario valued at $1.03 billion. Meanwhile, Canola is Canada's most valuable oilseed crop, generating more than $5.1 billion in farm gate receipts in 2009.

This investment comes from the Developing Innovative Agri-Products initiative, which is delivered through the Agri-Innovations program, a $158 million five-year program that supports industry-led science and technology projects.

Contact Information

  • Agriculture and Agri-Food Canada
    Ottawa, Ontario
    Media Relations
    613-773-7972
    1-866-345-7972
    or
    Office of the Honourable Gerry Ritz
    Meagan Murdoch
    Press Secretary
    613-773-1059