Regina, Saskatchewan
April 7, 2004
Canadian producers and customers
worldwide will see strong benefits from the "next generation" of
canola cropping options developed by the
Saskatchewan Wheat Pool's
industry leading research team.
The company's research program recently won support for
registration of nine new products, including two Roundup Ready
hybrid canolas, two Roundup Ready synthetic canolas, two Juncea
canolas, and three new Clearfield canolas.
"Through our involvement in research and development of canola
seed, the Pool is providing new and innovative varieties to
thousands of producers Prairie-wide. We are leading the market
in meeting the demands of
customers here and around the world," said Pool CEO Mayo
Schmidt, adding that the Pool has been involved in canola
research and development for nearly 30 years and boasts the
largest Canadian canola plant breeding program in the country.
One of the Pool's new seed products awaiting registration in
2004 is a top performing Roundup Ready hybrid called SP 451 RR.
In the Pool's 2003 Market Development Trials, SP 451 RR showed a
significant improvement over SP Admirable with a yield
improvement of 10 per cent and a shorter maturation time.
Two higher-yielding varieties of Juncea canola have also
received support for registration. Named after two small towns
in southern Saskatchewan, "Dahinda" and "Davin" have strong
potential for Prairie farmers operating in dryer soil regions.
These new varieties add to the Pool's groundbreaking work of
2002 that saw the introduction of the first Brassica Juncea
canola in the world. Juncea canola is derived from oriental
mustard, and like mustard, is able to withstand dry soil
conditions and high temperatures during flowering. These
varieties, which are exclusive to the Pool, also have the
characteristic of being resistant to shattering.
The Pool's Research and Development Centre has also developed a
new strain of "high stability" canola, designed to produce a
healthier cooking oil.
"The work we are doing is good news for consumers, giving them a
healthy alternative to hydrogenated oils that are so common in
processed foods in North America," said Daryl Males, Manager of
the Pool's Seed Research and Development.
This extra-low Linolenic Canola is low in saturated fats, a
desirable quality for consumers wanting to reduce their
cholesterol levels. The oil does not require hydrogenation to
obtain high stability and products made from this oil are free
of trans-fatty acids, which carry the same health concerns as
saturated fats.
The Pool continues to be an innovator in wheat as well. This
year, the Pool is offering producers the first non-GMO herbicide
tolerant wheat, CDC Imagine. It has also obtained the rights to
another outstanding, hard red spring variety from the Crop
Development Centre of the University of Saskatchewan. The
variety BW301 combines early maturity, high yield and excellent
quality.
Saskatchewan Wheat Pool is a
publicly traded agribusiness headquartered in Regina,
Saskatchewan. Anchored by Prairie-wide grain handling and
agri-products marketing network, the Pool channels Prairie
production to end-use markets in North American and around the
world. These operations are complemented by agri-food processing
and strategic alliances that allow the Pool to leverage its
pivotal position between Prairie farmers and destination
customers. The Pool's Class B shares are listed on the Toronto
Stock Exchange under the symbol SWP.B. |