1. JULY 21, 2016 | WWW.PRODUCER.COM | THE WESTERN PRODUCER56
AG STOCKS JULY 11-15
List courtesy of Ian Morrison, financial adviser with the
Calgary office of Raymond James Ltd., member of the
Canadian Investor Protection Fund. The listed equity
prices included were obtained from Thomson Reuters.
The data listed in this list has been obtained from
sources believed to be reliable, but accuracy cannot be
guaranteed. Within the last 12 months, Raymond James
Ltd. has undertaken an underwriting liability or has
provided advice for a fee with respect to the securities
of AGT Food. For more information, Morrison can be
reached at 403-221-0396 or 1-877-264-0333.
DatashowingtheU.S.economymaking
modest,steadygainsandstrongerthan
expectedcorporatequarterlyearnings
supportedmarkets.Overtheweek,theTSX
compositerose1.3percent,theDowrosetwo
percent,theS&P500rose1.5percentandthe
Nasdaqclimbed1.5percent.
Cdn. exchanges in $Cdn. U.S. exchanges in $U.S.
Agrium TSX 123.86 116.34
BASF OTC 79.32 74.17
Bayer Ag OTC 103.70 100.51
Dow Chemical NY 52.06 49.40
Dupont NY 67.16 63.69
BioSyent Inc. TSXV 8.26 7.91
Monsanto NY 103.45 102.68
Mosaic NY 28.69 25.48
PotashCorp TSX 22.35 20.59
Syngenta ADR 77.20 75.09
FARM EQUIPMENT MFG.
FOOD PROCESSORS
PRAIRIE PORTFOLIO
TRANSPORTATION
FARM INPUT SUPPLIERS
GRAIN TRADERS
ADM NY 43.95 43.48
AGT Food TSX 33.96 34.43
Bunge Ltd. NY 61.05 60.00
ConAgra Foods NY 47.98 48.30
Ceapro Inc. TSXV 1.55 1.65
Cervus Equip. TSX 11.52 11.28
Input Capital TSXV 2.01 2.03
Ag Growth Int’l TSX 40.04 40.65
AGCO Corp. NY 49.32 47.70
Buhler Ind. TSX 4.75 4.75
Caterpillar Inc. NY 80.70 77.37
CNH Industrial NY 6.92 6.47
Deere and Co. NY 83.41 80.97
Rocky Mtn D’shipTSX 7.28 7.14
Hormel Foods NY 36.27 36.61
Maple Leaf TSX 28.80 28.37
Premium Brands TSX 56.58 57.37
Tyson Foods NY 69.57 68.92
CN Rail TSX 80.58 78.11
CPR TSX 182.85 173.90
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Bank of Canada 5-yr rate July 18
CDN. BOND RATE:
0.656%
CDN. DOLLAR:
$0.7714
AGFINANCE
AGFINANCE EDITOR: D’ARCE MCMILLAN | Ph: 306-665-3519 F: 306-934-2401 | E-MAIL: DARCE.MCMILLAN@PRODUCER.COM | TWITTER: @DARCEMCMILLAN
BY BARBARA DUCKWORTH
CALGARY BUREAU
Thousands of kilograms of food
are thrown out the back door of
Calgary grocery stores each day,
but one entrepreneur has found a
waytoturnthatunwantedmaterial
intofertilizer.
Bio-CycleSolutionsstartedabout
12 years ago when Alberta legisla-
tion on manure management
changed.NeilWiensandapartner
started a composting business to
help livestock producers deal with
excessmanure.
A self-described scavenger, he
spied piles of gypsum in an indus-
trial area of southeast Calgary and
divertedthatconstructionwasteto
hiscompostmixtomakefertilizer.
“I was one of those guys who
stood at the landfill and said, ‘I’ll
takethat,’”hesaid.
Hedevelopedanewproductfour
yearsagocalledBio-Sul,amixof70
percent elemental sulfur and 30
percentcompost.
“We did a major value add when
weaddedthesulfur,”hesaid.
“Wewentfromasoilamendment
thatyouhavetoputonatfivetonnes
per acre down to a fertilizer at 200
poundsperacre.”
Productdevelopmenttooksome
experimentation to avoid creating
hydrogensulfideorafirehazard.A
grey clumpy product was eventu-
ally developed for spreading on
canolaandcereals.
“For the farmer, it has become a
very inexpensive, simple way of
gettingsulfurnutrition,”hesaid.
The product is sold in bulk and
spread in the fall as a top dressing.
Bio-Cycle recommends that it
applytheproductbecausespecial-
ized equipment is required to pre-
vent clumping. It is spread once
everyfouryears.
He is also working with private
researcherstoassesstheproduct’s
efficacy. He sees this as a growing
businessopportunitytorepurpose
an unwanted product as more
municipalities prohibit organics
fromlandfills.
Clearing away sulfur from sour
gas facilities is a service that bene-
fitsall,headded.
Alberta gas wells produce 2.5 to
fourmilliontonnesofsulfurayear.
Most is exported. This year, he
expects to divert 70,000 tonnes of
organics out of Alberta landfills
and 20,000 to 50,000 tonnes of sul-
furfromgascompanies.
Hehasworkedwithasixmember
board of directors to create three
companies: Bio-Cycle Solution is
the marketing side, Biocan pro-
cessesthematerialsandEnvirocan
isacollectionservice.
Wiens said the concept has been
amajorsuccessandhasgonefrom
threeemployeestoabout100peo-
pleinfouryears.
Envirocan trucks go out daily to
pickuponecubicmetrecontainers
holding 300 kilograms from gro-
cery stores in Calgary, Edmonton
andLethbridge.
Materialalsocomesfromrestau-
rants,fooddistributioncentresand
microbreweries.
The food often looks fine, but an
entire pallet or container could be
thrownawaybecauseofarefrigera-
tionproblem,expirydatesorother
issues. A single Superstore in Cal-
garyfillsfourcontainersaday.
Vegetables, fruit, fluids, meat,
eggs,dairyproducts,bread,brew-
ers’ byproducts and cardboard
are accepted and delivered to a
processing facility in southeast
Calgary.
Everything is conveyed into a
machine that separates plastic
bagsandmaceratesthefoodintoa
grey goo that goes to compost
facilities at Acme, Strathmore and
Penhold. The sulfur is mixed in at
thecompostingsites.
Manure comes from the Calgary
Stampede, Spruce Meadows and
racetracks.
The plant works six days a week,
12 hours a day and is growing be-
causenationalgrocerystorechains
such as Sobeys and Loblaws want
theserviceinothercities.
“It has increased our expansion
plans probably a little bit faster
than we anticipated, but it is all
good,”hesaid.
Hisnextmovewillprobablybeto
grocery stores in Saskatchewan
and set up more composting
facilities.
The fertilizer is registered with
the Canadian Food Inspection
Agency, and the Alberta govern-
ment has registered the compost-
ingsites.
barbara.duckworth@producer.com
RECYCLING
Wastenot,
wantnot
Calgary processor turns discarded food,
construction waste and sulfur into fertilizer
Morethan30percent
offruitsandvegetablesin
NorthAmericaare
rejectedbecausethey
arenotattractiveenough
forconsumers.
Neil Wiens of Bio-Cycle Solutions stands beside a container of 300
kilograms of discarded mangos that will be recycled.
Every day thousands of kilograms of unwanted food are delivered to Bio-Cycle in Calgary where it is processed and turned into compost.
Grocery stores in Calgary send unwanted food to the company rather than throw it in a landfill. | BARBARA DUCKWORTH PHOTOS
$31billion
ANNUAL FOOD WASTE
IN CANADA IS ABOUT
MORE THAN HALF
IS WASTED AT HOME
0.45%
0.55%
0.65%
0.75%
0.85%
6/13 6/20 6/27 7/4 7/11 7/18
0.740
0.760
0.780
0.800
0.820
6/13 6/20 6/27 7/4 7/11 7/18