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Harper Government Grows Market for Soybean Producers

29 May 2012

CANADA - A new processing technology will create jobs and help soybean producers get their products into new global markets with the support of the Harper Government.

Member of Parliament Guy Lauzon (Stormont-Dundas-South Glengarry), on behalf of Agriculture Minister Gerry Ritz, announced an investment of C$1.7 million for Sevita International Corporation to increase production and processing of new soybean varieties.

"Our government remains committed to creating jobs and economic prosperity for our vital agriculture sector," said MP Lauzon. "This investment will help Sevita International to process more of what our farmers grow and allow farmers to boost their bottom lines by meeting increasing demand for soybeans in global markets."

The investment will go towards new equipment that will allow Sevita to process a greater variety of soybeans. The company receives, cleans, sorts and packages soybeans according to internationally recognised systems. The new equipment will enhance traceability, improve safety and quality and introduce new soybean varieties into the marketplace. The demand for specialty soybeans is growing, especially in Asian and European markets. Increasing its production capabilities will help Sevita become more competitive and bring Canadian soybeans to global markets.

The state-of-the-art soybean handling equipment will provide greater efficiency and lower production costs, while creating up to nine new jobs. The company contracts the production of specialty non-GM soybean varieties from more than 250 growers with farms in Prince Edward Island (PEI), Quebec, and Ontario.

"Competition is at the heart of all successful businesses," said David Hendrick, president of Sevita International Corporation. "The capital improvements which we are making to our conditioning facilities will allow Sevita International, and the soybean growers of Ontario and PEI, to sustain their position as preferred suppliers in Japan and Asia. These capital improvements will also allow Sevita International to commercialise new soybean varieties and advance food processing and product manufacturing in our own community."

Local farmers will also benefit from this project. The new equipment will be installed in all three of their processing facilities - Inkerman, Ontario; Woodstock, Ontario; and PEI - which will increase demand for local produce and create opportunities in new niche markets.

TheCropSite News Desk



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