Annual Report 2006 chart

Innovation, Integration, Education The Canola Advantage ACPC Annual Report 2005-2006 Table of Contents Chairman’s Report About the Commission Annual General Meeting 2005 Agronomic Research Member Relations & Extension Market Development Administration 2006/2007 Budget General Statistics Financial Statements 1 2 4 6 8 10 12 14 20 30 ACPC Annual Report 2005-2006 Chairman’s Report The Canola Advantage CHAIRMAN Andrew Haarsma ACPC Chairman, 2006 ACCEPTING THE CHALLENGE As Alberta farmers we live with challenges each year, whether it be poor growing conditions, poor harvest conditions, increases in input costs, variability in cash prices, and balancing the demands of family and business. Each year, we, the Directors of your Alberta Canola Producers Commission, continue to accept the challenge to improve profitability for you, Alberta’s canola growers. We do this through a multi-pronged approach, much of it executed through the hard work and dedication of excellent staff. I wish to thank them for their work and insight in putting our vision of the future into actions. The success of our actions and investments also depends on the continued partnerships with organizations, companies, government agencies, and with you, the producer. Although the Commission is an independent organization and the decisions are made by the Board of Directors, these partnerships are an excellent tool in using its resources effectively and efficiently as we work towards profitable canola production. INNOVATION Ground-breaking agronomic research initiatives such as the Polish Canola Breeding Program with our partners, Agriculture and Agri-Food Canada and the other canola grower groups, provide us with the opportunity to invest in canola’s future. This program, in addition to several other innovative projects, will lead to more options for canola growers. In the area of new product development, we continue to fund inventive and original initiatives to further enhance the Alberta canola industry. With products on the horizon such as biodiesel and biodegradable plastics from canola oil, we are confident that canola will remain a leader in the agriculture industry. INTEGRATION As a Director of the ACPC, I value the agronomic and market development research funded by the ACPC. With the assistance of industry partners and the Canola Council of Canada, we are able to ensure that canola growers are receiving the most up-to-date information based on the latest research results. Agronomic research initiatives such as the Agriculture and AgriFood Canada’s input variation study will provide canola growers with options for profitable canola production. EDUCATION The Alberta canola industry relies heavily on the export market for sustainability. The Directors of the ACPC have identified tariff and trade issues as a significant barrier to profitable canola production in Alberta. Through the work done by the Canola Council of Canada, the Canadian Canola Growers Association, and our own Board Members, we are working with government agencies, providing education on the value of canola and its impact on Canadian agriculture, to decrease tariffs and taxes to at least equal those of our competitors. These partnerships are key to maintaining a competitive edge in the export industry. THE CANOLA ADVANTAGE The most important partnership for the ACPC is with Alberta’s canola growers. Without your support, profitable canola production would be a dream rather than the near future. Thank you to all of you who have shared your thoughts to help improve your Alberta Canola Producers Commission. Andrew Haarsma ACPC Chairman Director, Region 6 1 ACPC ANNUAL REPORT 2005-2006 About the Commission The Alberta Canola Producers Commission (ACPC) is an organization of all Alberta canola producers – funded and controlled by the canola producers of Alberta. Mission: Providing leadership for a vibrant, sustainable Alberta canola industry. The mandate of the Commission is to increase the long term profitability of Alberta canola growers through research, promotional activities, consumer and producer education programs, and policy. The Commission in no way regulates or is involved with the production, buying or selling of canola. The ACPC is funded by a refundable $1.00 per tonne service charge paid by Alberta canola growers when they sell their canola. All decisions regarding the Alberta Canola Producers Commission are made by the Board of Directors. Alberta is segregated into 12 regions. Each region elects a director to represent the growers of that region. The Board of Directors meet every three months, and the Board is guided in its decisions by the recommendations from four committees: Agronomic Research, Market Development, Member Relations and Extension, and Administration. The ACPC Board elects the Chair, Vice Chair, and Committees at the first Board Meeting after the Annual General Meeting. The following Annual Report provides an overview of the activities of the Alberta Canola Producers Commission from August 1, 2005 - July 31, 2006. Any questions or comments can be directed to the ACPC office or to any of the twelve ACPC Directors. Contact information can be found on the opposite page. A description of the municipalities and counties in each region can be found on the Alberta Canola Producers Commission website. Visit the About the Commission page at www.canola.ab.ca. 2 Innovation, Integration, Education - The Canola Advantage Board of Directors Region 1 Nolan Robertson Box 2413 Fairview AB T0H 1L0 Ph: 780 835-4724 Region 5 Clarence Assenheimer R.R. #3 Barrhead AB T7N 1N4 Ph: 780 674-4505 Region 9 Kevin Auch Box 35 Carmangay AB T0L 0N0 Ph: 403 643-3672 ACPC Chair ACPC Vice Chair Region 2 Mills Anderson Box 161 Rycroft AB T0H 3A0 Ph: 780 765-2469 Region 6 Andrew Haarsma 1529 Rge Rd 261 Spruce Grove AB T7Y 1A9 Ph: 780 470-0349 Region 10 Brian Tischler R.R. #1 Mannville AB T0B 2W0 Ph: 780 763-2403 Andrew Haarsma Greg Porozni Region 3 Charles Turcotte Box 182 Donnelly AB T0H 1G0 Ph: 780 925-3777 Region 7 Kevin Bender Box 614 Bentley AB T0C 0J0 Ph: 403 887-5795 Region 11 Stewart Gilroy 3016—62 St. Close Camrose AB T4V 4S5 Ph: 780 672-0656 Region 4 Greg Porozni 5314 - 59A Ave Vegreville AB T9C 1J4 Ph: 780 632-7900 Region 8 Glenn Sawyer Box 368 Acme AB T0M 0A0 Ph: 403 546-2615 Region 12 Graham Caskey Box 498 Oyen AB T0J 2J0 Ph: 403 527-6804 COMMITTEES (ACPC Chair resides on all committees) Administration & Finance Greg Porozni, Chair Members: Kevin Auch, Brian Tischler Market Development Charles Turcotte, Chair Members: Stewart Gilroy, Graham Caskey, Glenn Sawyer Member Relations & Extension Kevin Bender, Chair Members: Nolan Robertson, Graham Caskey Research Clarence Assenheimer, Chair Members: Mills Anderson, Kevin Auch, Nolan Robertson *Note: the ACPC Board elected the Chair, Vice Chair and Committees on January 27, 2005, the first Board meeting after the Annual General Meeting. Staff General Manager Industry Development Officer Industry Liaison Administrative Assistant Data Administration Ward Toma Simone Demers Collins Allison Mattson Lee Ann Sterling Cheryl Rossi Phone: 780 454-0844 Fax: 780 451-6933 Toll Free: 1-800-551-6652 ward.toma@canola.ab.ca simone@canolainfo.org a.mattson@canola.ab.ca acpc@canola.ab.ca acpc@canola.ab.ca Office Address # 170 14315 - 118 Avenue Edmonton AB T5L 4S6 www.canola.ab.ca 3 ACPC ANNUAL REPORT 2005-2006 Annual General Meeting 2006 17TH ANNUAL GENERAL MEETING ALBERTA CANOLA PRODUCERS COMMISSION MAYFIELD INN & TRADE CENTRE JANUARY 25, 2006 CHAIR: Andrew Haarsma Recording Secretary: Allison Mattson CALL TO ORDER: Chair Haarsma called the meeting to order at 1:08 p.m. welcoming producers and industry members. In attendance were 80 canola industry members with 55 being registered eligible Alberta canola producers. AGENDA: Chair Haarsma presented the agenda. MOTION: John Kubin/Brian Trueblood that the agenda and chairman be approved as provided and described. Carried. GUESTS: Chair Haarsma introduced attending representatives from the Saskatchewan Canola Development Commission, the Manitoba Canola Growers Association, the Canadian Canola Growers Association, the Alberta Agricultural Products Marketing Council, the Canola Council of Canada - as well as the board of the Alberta Canola Producers Commission (ACPC). MINUTES: MOTION: Nick Underwood/Ken Wasmuth that the minutes from the ACPC Annual General Meeting of January 2005 be approved as circulated. Carried. BUSINESS ARISING from the Minutes No business was indicated. RESOLUTION COMMITTEE Chair Haarsma indicated that ACPC Director Kevin Bender will be presenting resolutions after the review of ACPC activities. If a resolution has been prepared and written down by a grower, they are to present it to Bender before 1:25 p.m. ACPC ACTIVITIES Chair Haarsma reviewed the mission statement, business objectives, and goals of the ACPC. ACPC Vice-Chair and Chair of the Administration Committee Brian Tischler reviewed the 2004-2005 ACPC Balance Sheet, Financial Summary, and the budget for 2005-2006. ACPC General Manager Ward Toma provided a breakdown the goals and activities of the ACPC’s Committees. Toma also explained Governmental Affairs, a new budget item for 2005-2006. APPROVAL OF THE AUDITOR: MOTION: Michael Krause/Gordon Tuck that Meyers Norris Penny be appointed as auditors for the ACPC for 2005-2006. Carried. ACKNOWLEDGEMENT of RETIRING DIRECTOR – Chair Haarsma took this opportunity to acknowledge the retirement of ACPC Director Kenton Ziegler of Beiseker. Ziegler is retiring after serving his maximum statutory time with the Commission. During his six year term, Ziegler devoted his time and skills to the ACPC serving as Chairman of the Commission from 2003-2005 and various Committee Chairs including the ACPC’s Market Development and Member Relations and Extension Committees, as well as the FarmTech Planning and Organizing Committee. Haarsma described Ziegler as tireless in his efforts and spoke with confidence that Ziegler would be continuing his leadership role in the agriculture community. On behalf of the ACPC Board of Directors and staff, Haarsma presented Ziegler with a parting gift and wished him the best of luck in his future endeavours. In her absence, Kenton’s wife Joan was acknowledged for her continuing support and contributions to the Alberta canola industry. 4 Innovation, Integration, Education - The Canola Advantage Ziegler took this opportunity to thank the attending Alberta canola producers for the privilege of serving as their representative at various levels of the canola industry. RESOLUTION(S): as read by Kevin Bender. Resolution #1: That the ACPC advocate for a 5 percent renewable fuel standard, provided that incentives are in place that will encourage the development of Canadian biodiesel production using Canadian feed stock. That the ACPC advocate a mandated biodiesel inclusion level. That in order to level the playing field with current U.S. programs, the ACPC advocate for a 30 cent per litre incentive for biodiesel producers using Canadian canola feedstock. That the ACPC request the Alberta government treat biodiesel equal to ethanol by removing the 9 cent per litre provincial road use tax on the biodiesel component. That the ACPC advocate for government incentives of 3-5 cents per litre to encourage grower investment and ownership in new biodiesel production facilities. The ACPC advocate for a Canadian biodiesel standard that will ensure that Canadian biodiesel is of the highest quality in terms of oxidative stability and cold flow properties, suitable for the Canadian climate. Moved by Wayne Tuck/Matt Sawyer. Carried. Resolution #2: That the ACPC support and promote the farm treating of farmer saved canola seed by the farmer. Moved by Mills Anderson/Stewart Gilroy. Carried. Resolution #3: That the ACPC support the saving of farm grown seed for the farmer’s own use be a right rather than a privilege. Moved by Mills Anderson/Brian Tischler. Carried. Resolution #4: The ACPC would like to know what the exporters and crushers are doing to expand the marketing of the 8 million tonnes of canola per annum, that they asked for, now that they have it. Moved by Nick Underwood/Kenton Ziegler. Carried. OTHER BUSINESS: FARMTECH Ken Wasmuth took this opportunity to thank the ACPC for their ongoing support of FarmTech. TERMINATOR GENE During a brief discussion of the possibility of a “Terminator Gene” in canola, it was asked if the ACPC has a specific policy on the use of this gene. As of January 25, 2006, the ACPC does not have a specific policy regarding the “Terminator Gene”. RESEARCH Growers expressed interest in encouraging plant breeders to incorporate frost resistance into canola to aid in the practice of seeding canola in the fall. Clarence Assenheimer, Chair of ACPC’s Agronomic Research Committee, indicated that researchers at the University of Saskatchewan are currently investigating and conducting research for improving frost resistance in canola. BIODIESEL With the demand for the creating of biodiesel by Alberta canola growers, Phil Thomas of Agri-Trend Agrology and an oilseed specialist formerly with Alberta Agriculture Food and Rural Development, provided an update on the information he is collecting on behalf of a company interested in building a biodiesel plant in Alberta. Thomas is conducting interviews with canola growers to receive their response regarding this project, and requests that any producers interested in providing information to contact him after the ACPC’s AGM. ADJOURNMENT: Clarence Assenheimer moved that the meeting be adjourned at 2:07 p.m. 5 ACPC ANNUAL REPORT 2005-2006 Agronomic Research DIRECTORS Clarence Assenheimer, Chair Mills Anderson, Kevin Auch, Nolan Robertson THE HERE AND NOW Representing Alberta’s canola producers, the Agronomic Research Committee allocates producer dollars to various agronomic research projects that meet ACPC’s goal of maximizing profits from canola production. With goals and objectives that address agronomic efficiency with environmental sustainability, solutions to current and emerging disease and insect pest threats, and genetic development that is beneficial to growers, the Agronomic Research Committee works diligently to ensure that Alberta’s canola growers invest in the best research to help maximize their canola profits. CANOLA AGRONOMIC RESEARCH PROGRAM Coordinated by the Canola Council of Canada (CCC), Canola Agronomic Research Program (CARP) research proposals address area specific issues that have been identified by western Canadian canola grower organizations. The Agronomic Research Committee, with the assistance of CCC agronomists and the Provincial Oilseed Specialist from Alberta Agriculture, Food, and Rural Development (AAFRD), reviews each proposal rating it for its importance to the canola industry, the feasibility of the project, and its similarity to other proposals. Through this process, research funding has become more concentrated on priority areas, and the initiatives funded by the ACPC continue to result in a more efficient use of producer and industry research dollars. AGRICULTURE AND AGRI-FOOD CANADA The ACPC continues with its multi-year commitment to integrated crop management research with Agriculture and Agri-Food Canada (AAFC). The collaborative agreement allows for canola research to be conducted at five stations across western Canada including Lacombe, Beaverlodge, and Lethbridge. All trials under this agreement are multi-factorial and are rotational in nature so as to best reflect the actual situations growers experience. In 2005/2006, AAFC continued its research on the effects of input variation on yield. By manipulating the level of inputs such as fertilizer and herbicide, the research results will provide the most economical input combinations for profitable canola production. This work is being done in co-operation with the Saskatchewan Canola Development Commission and the AAFC research stations at Scott and Melfort. AG FUNDING CONSORTIUM The Agriculture Funding Consortium was established by the Alberta Agriculture Research Institute in 2001 to coordinate agricultural research and development funding. Its members include the Ag and Food Council, AVAC Ltd., Alberta Agriculture Research Institute (AARI), Alberta Crop Industry Development Fund (ACIDF), Alberta Livestock Industry Development Fund (ALIDF), and the various commodity commissions that fund research in Alberta. As a member of the Ag Funding Consortium, the ACPC is provided with greater access to a higher level of research projects and an increase in various funding partners. With innovations such as bio-plastics, functional foods, neutraceuticals, and sustainable production, the Agriculture Funding Consortium is a vital component in maximizing canola profits for Alberta’s producers. ARECA In 2004, the Agriculture Research and Extension Council of Alberta (ARECA) was created as an umbrella organization to represent the twelve Applied Research and Forage Associations (ARAs) that currently exist in Alberta. Part of ARECA’s mission is to coordinate the resources and activities of the ARAs and to enhance communication and extension between producers, researchers, industry, and government. In 2005/2006 the ACPC continued to fund the Reduced Tillage Linkages’ Plant Stand Establishment demonstrations coordinated by ARECA. This technology transfer project takes the results of the Agriculture and Agri-Food Canada research program funded by the ACPC to field scale trials to demonstrate the beneficial impacts of plant stand establishment to a competitive crop. INTO THE FUTURE The ACPC continues to work with the University of Alberta towards the establishment of the Canola Germplasm Development Program. This research initiative aims at increasing the genetic diversity in canola not only for increased production, but for increased bio-diversity for protecting the crop from diseases, pests, and environmental conditions. Continued improvement in canola germplasm is necessary for maximizing returns from canola production. The ACPC aims to have this program in place by the end of 2007. 6 Innovation, Integration, Education - The Canola Advantage Table R-1: Total ACPC Agronomic Research Projects 2006 Category CARP (Table R-2) ARECA/RTL/Pest Monitoring ACPC/AAFC Collaborative Agreement Prairie Canola Variety Testing System. AAFC Rapa Development Project TOTAL Agronomic Research Supported by ACPC Levy 2006 169,764 35,000 100,000 10,000 73,199 387,963 2005 157,450 35,000 100,000 10,000 62,602 365,052 Table R-2: Canola Agronomic Research Projects 2006 Project No. RESEARCHER TITLE ACPC Continuing Projects L. Dosdall 2006-05-04-01 AAFRD, Edmonton O. Olfert 2006-05-04-05 AAFC, Saskatoon Wayne T. Buckley 2006-05-04-07 AAFC, Brandon Julie Soroka 2006-05-04-13 AAFC, Saskatoon Stephen Strelkov 2006-05-04-21 U of A D. Fernando 2006-05-04-10 U of M Margaret Gruber 2006-05-01 AAFC, Saskatoon Paul Watson 2006-05-09 ARC Ralph Lange 2006-05-10 ARC Lloyd Dosdall 2006-05-15 U of A Total Renewals New Projects Maya Evenden University of Alberta 2006-01 Randy Kutcher AAFC—Melfort 2006-02 Ralph Lange Alberta Research Council 2006-07 Total New Projects Total CARP Research Projects Improving Integrated Crop Management by Conserving Natural Enemies of Insect Pests Co-ordinated Monitoring, Forecasting and Risk Warning for Insect Pests of Field Crops in Canada Prediction of Canola Field Establishment by Seed Vigour Assays Effects of Late Season Flea Beetle Feeding on Canola Yields Evaluation of Clubroot Control with Rotation Fungicides and Soil Amendments Isolation, Identification, and Understanding PG3 and Other New Strains of Blackleg Flea Beetle and Drought Resistance in Canola Increasing Yield and Profit by Straight-Cutting Canola Market Assisted Breeding for Fusarium Wilt Resistance in Brassica napus. Investigating Canola Intercrops for Improved Integrated Crop Management 10,000 7,000 8,000 5,000 15,000 4,000 8,783 18,750 10,000 26,000 128,533 The development of a semiochemical monitoring and detection system for the diamondback moth on canola Determination of pathogenic variability of L. maculans in western Canada and resistance in Canadian B. napus cultivars Sclerotinia stem rot field nursery for evaluation of resistance and fungicide efficacy 13,868 12,500 14,863 41,231 169,764 7 ACPC ANNUAL REPORT 2005-2006 Member Relations and Extension DIRECTORS Kevin Bender, Chair Nolan Robertson, Graham Caskey OBJECTIVES The Member Relations and Extension (MRE) Committee focuses on providing continued education and development opportunities for Alberta’s canola growers and industry members. Through the overarching objective of having informed Alberta canola producers that have information they can trust and use, the MRE committee provides opportunities for the transfer of expert knowledge and industry support to canola growers. TECHNOLOGY TRANSFER OPPORTUNITIES: FARMTECH FarmTech is a three day crop production and farm management conference that has a series of keynote speakers, concurrent sessions, and Annual General meetings. There is an agricultural showcase for industry members to promote new products, information and technology. The Alberta Canola Producers Commission is a host and organizer for the annual FarmTech convention along with the Alberta Barley and Pulse Commissions, Alberta Conservation Tillage Society (ACTS), and Reduced Tillage Linkages (RTL). FarmTech 2007 will be held at the Mayfield Inn and Suites in Edmonton, January 24-26, 2007. ACPC’s Annual General Meeting will be held during FarmTech on January 24 at 1:00 pm. Visit the FarmTech website at www.farmtechconference.com for more information and details on how to register. FARM SHOWS Through Farm Shows such as the Lethbridge AgExpo, the Grande Prairie Peace Country Classic, the Alberta Farm and Ranch Show, and the Red Deer Agri-Trade, the ACPC is able to distribute the latest information and promotional materials to canola growers and industry members. Working closely with the Canola Council of Canada (CCC) agronomists, the shows provide expert knowledge and advice to canola growers. REGIONAL MEETINGS The MRE Committee is responsible for ensuring that all canola producers are aware of the ACPC structure, director elections, policies and procedures. Annual regional meetings provide an opportunity for the ACPC to describe the role of the Commission and various committee activities such as agronomic research and development, market information, new uses and products, and communication and education between industry, producers, and consumers. Regional meetings also provide an educational opportunity for Alberta’s canola growers. Each meeting is designed to present comparable information while addressing the unique qualities of the individual regions. Topics at regional meetings often include agronomic information, disease and insect updates, research initiatives and the latest results, and an oilseed market outlook for the upcoming year. All presentations are given by qualified individuals from the canola industry. In 2005/2006 the MRE Committee launched the Regional Meeting Notification Strategy. The approach involved the distribution of a personal letter of invitation accompanied by an agenda to every producer in each region, notifying growers of their upcoming regional meeting. The result was a 26% increase in attendance from 2004/2005. The MRE Committee continues to develop and enhance the Notification Strategy for 2006/2007. PRODUCER MEETINGS ACPC Directors often organize and/or attend general producer meetings in their region. These ad hoc meetings cover various aspects such as marketing, agronomics, and universal crop information. ACPC Directors are available to speak at any meetings about the canola industry and ACPC activities. If you would like canola information at your meeting, please contact your regional Director or the ACPC office. 8 Innovation, Integration, Education - The Canola Advantage That the 2005/2006 ACPC regional meetings saw a 26% increase in attendance from 2004/2005? Over 500 canola growers and industry members attended ACPC’s regional meetings. DID YOU KNOW… growers find useful in helping them to maximize their canola profits. It displays current Alberta cash and futures prices, market commentary, market updates, and links to price risk management web sites and more market information. The ACPC webpage also provides up-to-date agronomic information and links to canola production resources and tools. Growers can find contact information for the CCC agronomist in their area, Canola Watch Reports, timely agronomic press releases, and other production resources. CANOLA WATCH REPORT In every growing season, the Canola Council of Canada offers a weekly email providing an update of agronomic issues that have been occurring in the canola growing areas and tips on how to address each subject matter. The ACPC edits this report into Alberta regions and distributes it via email to its subscribers. The Alberta Canola Watch Summary was designed to provide Alberta producers and industry members a quick glance at the canola concerns in their area. The 2006 Alberta Summary of the Canola Watch can be found on the ACPC website at www.canola.ab.ca/agr/cwatch.shtml. Visit the ACPC website to subscribe to the 2007 Alberta Canola Watch Summaries. MEDIA RELEASES Press releases to the local print and radio media in Alberta are a very effective method of getting information to Alberta’s canola growers about industry events, research initiatives and new results, new agronomic threats or opportunities. Media releases from the ACPC can be found on-line at www.canola.ab.ca/news/. GROWING WITH CANOLA New for 2006 was the launch of the Growing with Canola radio program. The ninety second features range in topic from the latest agronomic tips to marketing canola oil’s healthy attributes. Broadcast every Tuesday at noon throughout seeding and harvest on Cat Country Stations, CFCW, and Big Country XX, Growing with Canola is another resource for canola growers to obtain the latest canola information aimed for profitable canola production. CANOLA CROP WALKS Crop walks are an excellent education opportunity for canola growers and industry members. Often organized by ACPC Directors, canola crop walks are led by experienced and qualified canola experts who provide hands-on discussion about insects, diseases, plant establishment and more as they tour various canola fields and/or research plots. INFORMATION SOURCES: CANOLA DIGEST The Canola Digest is a canola specific magazine organized by the Canola Council of Canada and supported by the provincial canola grower groups. Distributed four times per year from harvest to seeding, the Canola Digest features the latest news and developments in the canola industry including research summaries, crop studies, project reports, people and events, market analysis, association meetings and elections, and much more. Look for ACPC meetings and events in the next issue of the Canola Digest. WEBPAGE This farmer-friendly website is a source of information that 9 ACPC ANNUAL REPORT 2005-2006 Market Development DIRECTORS Charles Turcotte, Chair Stewart Gilroy, Glenn Sawyer, Graham Caskey GOALS AND OBJECTIVES The Market Development committee operates under the following goals: − Increase/maintain the demand for canola − Identify market opportunities and new uses for canola − Expand awareness of agriculture, canola production, and its role in society By using these goals as guidelines and participating in activities that directly influence consumers, the Market Development Committee is committed to maintaining/ expanding the “brand” of canola oil, seed, and meal to ultimately increase the demand for the canola grown by Alberta’s canola producers. INNOVATION – the Canola Way The most successful program of the entire canola marketing year was the joint sponsorship of the Canola Biodiesel conference, held in Calgary, July 2006. With an excess of 400 registrants, it was apparent that alternative uses for canola that could consume some of the excess crop from the past year, possibly providing reprieve for producers suffering from high diesel prices, and having some environmental benefits were sought by many. The ACPC, through the Canola Council of Canada, continues to work with local, provincial and federal governments to ensure that the value of using canola in biodiesel is recognized and encouraged. Agri-Food Discovery Place – the ACPC, through its commitment of $200,000 over five years towards the University of Alberta’s Agri-Food Discovery Place was there for the official opening of the Alberta Canola Producers lab - home to world-class innovative research, training and technology transfer in bio-plastics and bio-fuels from plants, including canola, will be done. INTEGRATION – the Canola Way! The ACPC was proud to be involved and integrated in the “Alberta at the Smithsonian” display. From providing canola oil for all the sponsored breakfasts, lunches, and receptions, to seeing canola-sloganed aprons worn by the staff of the official Alberta Folklife caterers, to featuring canola seed in the discussions by staff of the Grain Academy, and various canola products used by those demonstrating Alberta cuisine on the cooking stage, the industry was integrated into every possible aspect of the ten days of activities. As the US is Canada’s largest canola trading partner, a strong, integrated presence at this event was essential. Throughout the past years, strategies to maintain and increase market share of canola oil in a cost effective manner have always meant partnerships. The US Canola Utilization program focuses on providing free resources to dietitians, diabetes educators, cardiac consultants, chefs and That ACPC’s initial seed money for a $10,000 piece of equipment for Dr. Suresh Narine at the University of Alberta, became an annual commitment of $500,000 – and a $10 million NSERC Chair in Lipid Utilization Centre? DID YOU KNOW… 10 Innovation, Integration, Education - The Canola Advantage food writers who discussed the value of using canola in healthy diets, in varied cooking techniques, and published recipes. It has been a highly successful venture that was in the past year expanded to posting canola recipes on www.allrecipes.com as well as having demonstrators in the Taste of Home series focusing their recipes on the versatility and cooking attributes of canola oil. EDUCATION – the Canola Way! Knowing where our food originates, how it is grown and processed, ensures confidence in the canola that is produced and processed in Alberta. To this end, the ACPC is pleased to have spearheaded three new week-long teacher curriculum-based resources: − Agricultural Sustainability – Grade 7 Science − Climate Change – Grade 7 Science − Urbanization – Grade 10 Social Studies These are available in print form thanks to printing from AB Education’s Curriculum and Resources Branch in Barrhead, or as downloadable PDF’s on www.canolalearningcentre.com. In addition, the ACPC has suggested recipes using Alberta ingredients to complement the Foods 10, 20 and 30 curriculum’s. FAIRS AND EVENTS Ag-Tivity in the City at the Calgary Stampede continued to receive compliments in 2006 as more than 120 individuals representing producers, agronomists, dietitians, home economists, food safety experts, ag students and industry representatives discussed the benefits of canola to fair goers. The ACPC was particularly thankful for: − continued financial support from Dow AgroSciences Inc., the Saskatchewan Canola Development Commission, the Canola Council of Canada and Human Resources Canada − biodiesel expertise of Lakeland College’s Emeraldwinning Sun-Fuel members − agricultural focus provided by the Environmental Farm Plan’s display booth, and speaking points − the booth assistance of staff and directors from the Alberta Barley Commission That the Alberta Crop Industry Development Fund has provided the ACPC with two major financial grants - $235,000 towards promoting canola in the US; and $135,000 towards the development of teacher resources, and www.canolalearningcentre.com, a leading edge parent/teacher site? DID YOU KNOW… BY INVITATION TO SCHOOLS Hands-on-activities and creative graphic resources are ideal for sparking children’s interest in agriculture. A new canola cartoon display, as well as a Grades K-3 activity booklet focusing on planting seeds such as canola created positive responses at Aggie Days – Calgary and Lethbridge, Amaze-ing Agriculture in Edmonton, Stony Plain’s City Slickers, and the Teacher AgInfo Drive-through in Calgary. 11 ACPC ANNUAL REPORT 2005-2006 Administration DIRECTORS Greg Porozni, Chair Kevin Auch PROVIDING ACCOUNTABILITY The Administration Committee provides accountability to Alberta’s canola growers through monitoring the administration and program expenditures. By focusing on ACPC’s economic stability and maximizing new director effectiveness, the Administration is ensuring that the Commission is continuing to grow for a viable and sustainable Alberta canola industry. THE YEAR IN REVIEW From the budget summary on the opposite page, and the audited financial statements following, it is clear the ACPC had an extraordinary year. The large surplus revenue was the result of the record crop grown in the 2005-2006 crop year. While the ACPC anticipated the large numbers of acres of canola grown, the average yield of 37 bushels per acre (0.85 tonnes/acre) was not. This average yield, over 10 bushels per acre greater than the 5 and 10 year averages, was the result of near perfect weather conditions and the greater genetic potential of modern day canola seed. This unprecedented increase in production is for the most part responsible for the surplus. BUDGETS AND EXPENDITURES Expenditures in each of the budget areas were close to the budget approved by the Board in November 2005. Under budget was the Market Development area, due to the fact that national market development programs had yet to come on stream. The ACPC will see an increased degree of spending in this area in future years. THE CANOLA ADVANTAGE With the greater amount of surplus working capital the ACPC has on hand, the Board will be working to ensure that the capital will be put to work for the growers that provided for it. This degree of capital allows the ACPC to provide funding to larger, multi-year programs or projects that were beyond its reach in the past. That the ACPC combines its financial contribution of $165,000 annually with funds from the Saskatchewan Canola Development Commission, the Manitoba Canola Growers, the North Dakota Canola Growers, the Canola Council of Canada, and the US Canola Growers to form the Canola Utilization Project, a $2 million effort? In 2006, Agriculture and Agri-Food Canada under its Canadian Adaptation Fund Initiative, matched these dollars and provided $1 million to promoting canola around the world. DID YOU KNOW… 12 Innovation, Integration, Education - The Canola Advantage ACPC Budget and Actual Expenditures August 1 2005 - July 31, 2006 SUMMARY BUDGET 2005/06 Nov 05 TOTAL REVENUE Expenses: Total Office Admin Total Board of Directors Total Member Relations Total Government & Industry Relations Total Market Development Total Agronomic Research Expenditure TOTAL EXPENSES 429,032 146,000 297,400 100,000 924,500 507,101 2,404,033 439,426 140,574 275,652 91,652 683,995 476,610 2,107,910 2,250,084 Audited 2005/06 July 31, 2006 3,229,057 NET REVENUE +(-) to working capital (153,949) 1,121,147 Expenditures as a Percent of Total BUDGET 2005/06 Nov 05 Audited 2005/06 July 31, 2006 21% 7% 13% 4% 32% 23% 100% Total Office Administration Total Board of Directors Total Member Relations Total Government & Industry Relations Total Market Development Total Agronomic Research Expenditure TOTAL EXPENSES 21% 7% 15% 5% 56% 37% 141% 13 ACPC ANNUAL REPORT 2005-2006 ACPC Budget 2006/2007 1 SUMMARY 2 3 TOTAL REVENUE 4 5 Expenses 6 Total Office Administration 7 Total Board of Directors 9 Total Government & Industry Relations 10 Total Market Development 8 Total Member Relations 11 Total Research Expenditure TOTAL EXPENSES 12 13 14 NET REVENUE +(-) to working capital 15 16 17 Expenditures as a Percent of Total 18 19 20 Total Office Administration 21 Total Board of Directors 22 Total Member Relations 23 Total Government & Industry Relations 24 Total Market Development 25 Total Research Expenditure TOTAL EXPENSES 26 27 28 29 Working Capital 30 Current Cash/Equivalents 31 Accouts Payable 32 Gross working capital 33 34 Shut Down Fund 35 Total Restricted Equity for Future Projects 36 Total restricted equity 37 38 Contingency Working Capital Audited 2005/06 July 31, 2006 3,229,057 439,426 140,574 91,652 683,995 275,652 476,610 2,107,910 1,121,147 BUDGET 2006/07 Nov 06 2,665,237 463,220 149,500 100,000 1,186,063 322,500 780,713 3,001,995 (336,759) Audited 2005/06 July 31, 2006 21% 7% 13% 4% 32% 23% 100% BUDGET 2006/07 Nov 06 22% 7% 15% 5% 56% 37% 142% July 31, 2006 3,527,574 52,637 3,474,937 300,000 626,021 926,021 2,548,916 14 Innovation, Integration, Education - The Canola Advantage 39 Audited 40 2005/06 July 31, 2006 41 REVENUES 42 Gross Service Charge 3,379,655 43 236,731 44 Refunds (est.7%) 3,142,924 45 Net Service Charge 46 84,663 47 Interest Sub Total: General Revenue 3,227,587 48 49 50 Member Relations and Extension 1,470 51 Regional Meetings Sub Total MRE 1,470 52 53 Total Business Revenue 3,229,057 54 55 Stats Can Sept Est. 56 57 2006 Sept Harvested Acres Est. 4,160,000 58 31.40 59 Est. Tonnes Per Acre 0.71 60 Estimated Total Production, Tonnes 2,961,995 61 Seed, Dockage, Waste 9% 266,580 62 Total Crop, Tonnes 2,695,416 63 Budget Estimate Service Charge 2,695,416 BUDGET 2006/07 Nov 06 2,695,415.87 188,679 2,506,737 157,500 2,664,237 1,000 1,000 2,665,237 15 ACPC ANNUAL REPORT 2005-2006 ACPC Budget 2006/2007 64 65 66 Office Administration 67 Memberships 68 Rent (includes utilities) 69 Insurance 70 Security System 71 Telephone 72 Equipment Lease 73 Supplies and Equipment 74 Printing 75 Postage 76 Repairs and Maintenance 77 Office Misc. 78 Bank Charges 79 Network Installation 80 Network Administration 81 Depreciation 82 83 84 Wages and Fees 85 Staff Training 86 EI, CPP, Benefits 87 88 89 HR Consulting 90 Accounting 91 Audit 92 Legal 93 94 95 Total Office Admin Audited 2005/06 July 31, 2006 3,129 32,189 5,541 704 9,759 423 10,761 390 7,501 5,155 9563 882 Budget 2006/07 Nov 2006 2,600 35,360 6,240 850 10,000 1,570 10,000 2,600 12,000 5,500 10000 1,500 20,000 5,000 20,000 143,220 270,000 10,000 20,000 300,000 Sub-total 20,815 106,812 286,390 5,082 16,417 307,890 4,194 7,765 12,765 24,724 439,426 Sub-total Sub-total 2,000 13,000 5,000 20,000 463,220 16 Innovation, Integration, Education - The Canola Advantage 96 97 98 Board of Directors 99 Admin and Executive Committee Expenses 100 Admin and Exec Committee Fees 101 Director Professional Development 102 General: Director & Management Expenses 103 CCGA Fees and Expenses 104 ACPC Board Meetings Dirs/mngmt exp/secr 105 ACPC Board Meetings Director Fees 106 CCC Fees & Expenses and Industry Meetings 107 Director General: Fees 108 Total Board of Directors 109 110 Government & Industry Relations 111 112 113 Government Relations 114 Industry Affairs 115 Fed/Prov Government Affairs 116 International Trade 117 CCC Government and Advocacy Program 118 Total Government & Industry Relations Audited 2005/06 July 31, 2006 1,770 4,986 4,997 5,048 1,821 41,236 30,146 16,529 34,040 140,574 Audited 2005/06 July 31, 2006 15,381 16,541 9,731 50,000 91,652 Budget 2006/07 Nov 2006 2,500 5,000 5,000 5,000 2,000 45,000 30,000 20,000 35,000 149,500 Budget 2006/07 Nov 2006 20,000 20,000 10,000 50,000 100,000 17 ACPC ANNUAL REPORT 2005-2006 ACPC Budget 2006/2007 119 120 121 Market Development 122 Market Development Committee Fees and Expenses 123 124 GOAL #1: Food Safety 125 Sub-total Goal #1 126 GOAL #2: Maintain/Increase Demand 127 CCC NA Canola Utilization 128 ACPC Alberta Utilization Growing Alberta 129 130 Sub-total Goal #2 131 GOAL #3: Identify Markets/New Markets 132 Alberta/Bungee U of A Chair in Lipid Utilization 133 U of A Agri-Food Discovery Place 134 Ag and Food Council Biodiesel Grant 135 CCC Biodiesel Sponsorship 136 CCC Biodiesel Branding 137 SCDC Biobus low sulfer diesel research (3 yrs) Canola Meal and Meal Cake research 138 139 Sub-total Goal #3 140 GOAL #4: Awareness Agriculture/Canola 141 Alberta Science Display 142 Current Calgary Stampede 143 General Ag Awareness 144 CAPS 145 CARD or ACIDF Funded Projects (mainly ag education) Ag education programs and resources 146 147 Sub-total Goal #4 148 Product Development Research 149 ARC Low sat canola development 150 U of L Oxidative Stability 151 CCC Research Foundation New Research Projects 152 153 Sub-total Product Development Research 154 155 Resources 156 Freight, Rent, Insurance 157 CAFTA 158 Memberships 159 IDO expenses 160 Prof Fees Other 161 Sub-total 162 163 Total Market Development 164 165 Non-Cash Market Development (Balance Sheet item) 166 Future Calgary Stampede Display Future Biodiesel Work 167 Total non-cash, restricted equity 168 Audited 2005/06 July 31, 2006 40,449 1,000 1,000 165,000 32,040 4,338 201,377 100,000 50,000 (9,000) 5,000 Budget 2006/07 Nov 2006 30,000 1,000 1,000 310,532 25,000 335,532 100,000 50,000 10,000 150,000 40,000 60,000 410,000 40,000 75,000 3,500 105,000 10,000 233,500 10,000 30,000 35,000 30,000 105,000 10,000 3,000 1,250 15,000 41,781 71,031 1,186,063 146,000 75,000 12,008 3,500 56,430 9,447 156,384 10,000 30,000 40,000 38,324 2,260 2,099 1,250 13,072 41,781 98,786 683,995 18 [40,000] [40,000] [310,000] [350,000] Innovation, Integration, Education - The Canola Advantage 169 170 171 Member Relations and Extension 172 Director Fees and Meeting Expenses 173 174 Diagnostic Field Schools 175 U of A WCE Research Project 176 RTLinkages(increased to 10G in Jan 06) 177 Grower Education 178 Annual Convention/FARMTECH 179 Regional Meetings- Ads, Halls, etc. 180 Grower Communications / Newsletter 181 Elections 182 Crop Walks 183 Ads and Sponsorships 184 Web page 185 Canola Advantage Program 186 Producer Related Activities 187 Sub-total: MRE Programs 188 189 Total Member Relations Audited 2005/06 July 31, 2006 38,183 2,500 7,500 12,574 5,362 7,415 18,750 19,978 2,214 340 4,090 1,378 143,000 12,368 237,469 275,652 Budget 2006/07 Nov 2006 40,000 2,500 7,500 10,000 10,000 8,000 25,000 50,000 500 1,000 5,000 3,000 145,000 15,000 282,500 322,500 190 191 192 Agronomic Research 193 Research Committee - Fees 194 195 Scholarship- HB Jeffery's Travel Award 196 AAFC Agreement 197 New Agronomic Projects 198 Continuing 199 New and Continuing projects 200 AAFC Rapa Project 201 RTL/ARECA Pant Stand Project 202 ARECA Pest Monitoring 203 PCVT 204 U of A Canola Breeding Program 204 Sub-total: ACPC programs 205 206 Total Research Expenditure 207 Non-Cash Research Items (Balance Sheet item) U of A Canola Breeding Program 208 Audited 2005/06 July 31, 2006 40,539 656 100,000 Budget 2006/07 Nov 2006 41,750 1,000 100,000 100,000 169,764 73,199 30,000 5,000 10,000 250,000 738,963 780,713 [1,000,000] 239,764 68,651 12,000 5,000 10,000 436,071 476,610 19 ACPC ANNUAL REPORT 2005-2006 General Statistics Table 2: Number of Producers Who Sold Canola - By Period Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 Table 1: Number of Producers (including crop sharing landlords who sell canola) 1992-93 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 16,324 19,510 22,377 21,174 18,035 18,409 18,356 16,323 16,751 12,296 9,235 12,708 12,323 13,672 Period 13 Period 14 Period 15 Period 16 Period 17 Period 18 Period 19 Period 20 Period 21 Period 22 Period 23 Period 24 Period 25 Period 26 Period 27 Period 28 Period 29 Period 30 Period 31 Period 32 Period 33 Period 34 Source: ACPC Database 13,423 9,085 16,117 11,978 18,668 12,881 15,559 14,635 14,556 11,359 14,428 12,279 15,047 10,508 12,454 10,214 11,496 11,569 9,086 8,162 6,126 5,973 9,501 8,645 8,406 9,519 9,447 10,480 Source: ACPC Database 20 Innovation, Integration, Education - The Canola Advantage Table 3: Canola Sales by Region (tonnes 000's) REGION Peace River North Central Central Alberta Southern Alberta Other TOTAL Source: ACPC Database Table 4: Percent Sales Distribution by ACPC Region (August 1, 2005 to July 31, 2006) ACPC Region 1 2 3 4 5 6 10 7 8 11 9 12 2005/2006 772.4 1204.4 1071.4 307.8 19.9 3375.9 2004/2005 556.6 869.0 746.5 241.0 15.3 2428.4 2003/2004 534.3 846.7 517.7 151.6 13.7 2064.0 2002/2003 409.9 307.4 228.6 72.2 13.9 1032.0 2001/2002 434.0 615.9 465.5 68.8 23.8 1608.0 Geographic Point of Reference North Peace Grande Prairie Falher Vegreville Westlock Edmonton Vermilion Red Deer Olds - High River Camrose Nanton - Lethbridge Medicine Hat 2005/2006 6.7 8.9 7.4 23.0 12.3 11.2 4.5 7.8 35.8 8.1 11.0 12.9 32.0 5.5 3.7 9.2 2004/2005 6.2 9.5 7.3 23.0 12.2 11.1 4.6 8.1 36.0 7.1 11.7 12.2 31.0 6.2 3.8 10.0 2003/2004 8.2 9.4 8.3 25.9 14.2 13.2 4.4 9.2 41.0 5.8 8.2 11.1 25.1 4.5 2.8 7.3 2002/2003 10.7 17.3 12.3 40.3 9.3 12.4 4.7 3.8 30.2 8.4 7.0 7.0 22.4 5.0 2.1 7.1 2001/2002 8.6 11.7 7.1 27.4 14.0 12.1 4.4 8.2 38.7 8.8 6.3 14.5 29.6 2.3 2.0 4.3 Peace River Region - Sub Total North Central Alberta - Sub Total Central Alberta - Sub Total Southern Alberta - Sub Total Source: ACPC Database 21 ACPC ANNUAL REPORT 2005-2006 General Statistics Table 5: ACPC Levy Refund Summary 2005/06 Levy Refunded $19,396.14 $26,832.29 $28,470.99 $41,938.65 $33,024.58 $3,923.31 $7,663.93 $7,668.25 $12,521.26 $20,485.19 $32,713.57 $2,302.96 $210.23 $237,151.35 Avg. Refund $510.43 $789.19 $981.76 $487.66 $569.39 $435.93 $958.00 $547.74 $2,504.26 $682.84 $380.39 $287.87 $210.23 $570.08 Region 1 2 3 4 5 6 7 8 9 10 11 12 Other TOTAL Producers 790 878 564 1,737 1,349 872 1,166 1,778 757 1,086 1,877 630 188 13,672 Levy Paid $226,103.52 $298,142.25 $248,195.48 $413,468.18 $374,694.76 $152,396.57 $270,777.63 $367,230.31 $184,105.94 $263,749.25 $433,363.84 $123,686.57 $19,849.06 $3,375,763.36 Tonnes Sold 226,100.787 298,138.997 248,199.052 413,465.677 374,691.872 152,394.469 270,796.005 367,226.875 184,104.854 263,812.126 433,382.832 123,685.853 19,849.033 3,375,854.289 # of Refunds 38 34 29 86 58 9 18 14 5 30 86 8 1 416 Source: ACPC Database 22 Innovation, Integration, Education - The Canola Advantage Table 6: Refunds by Refund Period Year 1989-90 1990-91 1991-92 1992-93 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 Period 1 2 1 2 1 2 1 2 1 2 1 2 1 2 1 2 1 2 1 2 1 2 1 2 1 2 1 2 1 2 1 2 1 2 Members Refunded # 534 191 233 214 221 209 253 163 248 232 305 208 205 209 237 177 185 219 225 172 185 146 205 195 131 179 109 111 226 284 191 232 261 299 Refunded $ 22,850 8,019 10,211 9,089 10,766 11,088 16,562 8,653 19,307 15,067 21,023 15,256 11,651 15,040 17,866 15,032 18,492 19,866 28,751 15,342 25,134 17,857 26,885 24,178 15,718 22,651 13,325 14,690 60,938 75,510 65,749 65,250 111,544 125,608 Total Service Charges Received $ 376,396 247,946 307,214 278,230 363,782 306,582 403,673 273,357 599,928 384,923 709,851 364,094 515,968 514,469 451,137 371,718 508,393 433,665 708,572 372,245 674,062 466,589 559,442 576,150 431,327 373,613 232,039 285,601 1,105,697 954,470 1,161,185 1,271,040 1,569,788 1,805,896 Dollars Refunded % 6.3 3.2 3.0 3.1 3.0 3.6 4.1 3.6 3.2 3.9 3.0 4.1 2.3 2.9 3.9 4.0 3.6 4.5 4.0 4.1 3.7 3.8 4.8 4.2 3.6 6.1 5.8 5.1 5.5 7.9 5.7 5.1 7.1 7.0 1.9 1.8 1.5 1.9 1.6 1.5 1.3 1.4 1.6 1.5 1.3 1.7 1.5 1.6 1.5 1.4 1.8 1.7 1.4 2.1 1.8 1.8 2.3 3.3 2.3 2.4 2.8 2.9 Source: ACPC Database Producers Refunded % 23 ACPC ANNUAL REPORT 2005-2006 General Statistics Table 7: Refunds by Region New in 05/06 10 8 8 19 18 2 4 4 1 16 16 1 1 108 Reg. 1 2 3 4 5 6 7 8 9 10 11 12 Other Totals 96-97 45 27 18 65 29 11 10 22 7 12 66 12 1 325 333 324 264 97-98 47 30 15 67 35 15 10 20 6 14 62 12 98-99 40 28 18 66 37 12 18 20 7 15 61 12 99-00 27 23 17 52 36 11 9 9 6 9 58 7 00-01 34 36 15 67 40 15 12 13 5 13 56 10 2 318 01-02 24 33 18 45 28 9 12 10 4 7 37 5 2 234 02-03 27 28 21 36 21 4 9 2 4 5 16 2 2 177 03-04 35 44 21 84 51 13 11 15 6 30 72 6 3 391 04-05 29 38 28 64 50 10 15 13 2 12 56 6 1 324 05-06 38 34 29 86 58 9 18 14 5 30 86 8 1 416 Source: ACPC Database 24 Innovation, Integration, Education - The Canola Advantage Table 8: Refunds by Crop Year Members Refunded # 534 191 233 214 221 209 335 394 432 342 325 333 324 264 318 234 177 391 324 416 Total Service Charges Received $ 376,396 247,946 307,214 278,230 363,782 306,582 640,980 970,102 1,065,374 1,030,168 821,414 940,942 1,076,984 1,140,651 1,135,593 804,920 517,640 2,060,888 2,432,225 3,375,763 Dollars Refunded % 6.3 3.2 3.0 3.1 3.0 3.6 3.9 3.5 3.4 2.6 4.0 4.1 4.0 3.7 4.5 4.8 5.4 6.6 5.4 7.0 2.0 2.0 1.7 1.6 1.8 1.8 1.8 1.6 1.9 1.9 1.9 3.1 2.6 3.1 Producers Refunded % Year 1989-90 Period 1 2 Refunded $ 22,850 8,019 10,211 9,089 10,766 11,088 25,237 34,382 36,224 26,768 32,898 38,358 43,304 43,014 51,063 38,369 28,015 136,448 131,690 237,151 1990-91 1 2 1991-92 1 2 1992-93 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 Source: ACPC Database 25 ACPC ANNUAL REPORT 2005-2006 General Statistics Table 9: Average Cash Canola Prices Crop Year 1988/89 1989/90 1990/91 1991/92 1992/93 1993/94 1994/95 1995/96 1996/97 1997/98 1998/99 1999/00 2000/01 2001/02 2002/03 2003/04 2004/05 $/Tonne* 337 304 288 275 322 391 412 433 441 420 375 286 290 357 416 391 311 Month August ‘05 September ‘05 October ‘05 November ‘05 December ‘05 January ‘06 February ‘06 March ‘06 April ‘06 May ‘06 June ‘06 July ‘06 $/Tonne* 291 276 265 264 252 262 265 275 281 296 292 307 *Basis - In Store Pacific Coast Source: Cereal and Oilseeds Review - Statistics Canada 26 Innovation, Integration, Education - The Canola Advantage Table 10: Canadian Canola Meal Exports Crop Year – August 1, 2005 to July 31, 2006 (000) Tonnes) Europe Japan Taiwan U.S.A. Others Total 01/02 0 0.3 1 792 6 799 02/03 0 2 2 827 0.2 831 03/04 31 0 36 1,485 18 1,570 04/05 41 5 19 1,328 22 1,415 05/06 0 0 12 1,196 17 1,224 5 Yr Avg 14.4 1.5 14.0 1,125.6 12.4 1,167.6 Source: Cereals & Oilseeds Review - Statistics Canada Table 11: Canadian Canola Oils Exports Crop Year – August 1, 2004 to July 31, 2006 (000) Tonnes) Japan Pakistan India Hong Kong China U.S.A. Others Total 01/02 9 0 7 5 7 506 15 582 02/03 3 0 8 2 20 446 35 514 03/04 5 2 0.5 5 114 536 43 719 04/05 41 0.7 0 16 180 522 131 892 05/06 19 0.1 0 19 43 563 223 920 5 Yr Avg 15.4 0.6 3.1 9.4 72.8 514.6 99.6 726.0 Source: Cereals & Oilseeds Review - Statistics Canada Table 12: Canadian Canola Seed Exports Crop Year – August 1, 2005 to July 31, 2006 (000) Tonnes) Europe Japan China Pakistan Mexico U.S.A. Others Total 01/02 2 1,590 213 0 631 88 8 2,524 02/03 1 1,562 0 173 450 195 187 2,394 03/04 8 1,675 401 274 1,068 317 11 3,755 04/05 0.2 1,746 275 0 944 430 17 3,412 05/06 0 1,709 554 459 1,096 451 288 4,556 5 Yr Avg 2.2 1,656.2 288.6 181.3 837.7 296.2 102.3 3,328.2 Source: Cereals & Oilseeds Review - Statistics Canada 27 ACPC ANNUAL REPORT 2005-2006 General Statistics Table 13: Canadian Canola Seed Supply and Demand Crop Year – August 1, 2005 to July 31, 2006 (‘000’s tonnes) Beginning Stocks Production Imports Total Supply Exports Domestic Crush Seed, Feed & Waste Total Demand Ending Stocks Stocks/Use 01/02 1,088 5,017 226 6,331 2,524 2,296 264 5,081 1,250 6 02/03 1,250 4,178 239 5,667 2,394 2,225 154 4,773 894 6 03/04 894 6,771 243 7,908 3,754 3,390 152 7,296 612 8 04/05 609 7,728 107 84,44 3,412 3,031 372 6,815 1,629 24 05/06(p) 1,629 8,446 175 10,250 4,000 3,300 450 7,750 2,500 32 5 Yr Avg 948 5,981 204 7,133 3,021 2,735 281 6,049 1,083 18 10 Yr Avg 1,007 6,747 174 7,933 3,421 2,925 421 6,771 1,158 17 (p) - Predicted Source: Cereals & Oilseeds Review - Statistics Canada Table 14: Harvested Canadian Canola Acreage (000 Acres) Year 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006(p) 5 yr Av 10 yr Av Ontario 65 65 65 40 35 60 50 55 44 15 45 49 Manitoba 2,350 2,590 2,460 2,350 1,930 2,150 2,490 2,550 2,160 2,490 2,368 2,352 Saskatchewan 5,600 6,200 6,570 5,900 4,700 3,100 5,560 5,700 6,490 6,250 5,420 5,607 Alberta 3,950 4,300 4,520 3,800 2,850 1,700 3,300 3,800 4,250 4,160 3,442 3,663 B.C. 55 100 100 90 75 35 70 62 75 65 61 7 Total Canada 12,033 13,415.1 13,749.9 12,192.4 9,601.1 7,059.8 11,587.2 12,201.6 13,053.6 12,995.0 11,379.4 11,788.9 28 Source: Field Crop Reporting Series - Statistics Canada Innovation, Integration, Education - The Canola Advantage Table 15: Canadian Canola Production (000 tonnes) Year 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006(p) 5 yr Av 10 yr Av Ontario 54.4 56.7 54.4 32.9 31.3 44.2 45.4 46.5 24.9 13.3 34.9 40.4 Manitoba 1,496.9 1,803.0 1,707.8 1,489.6 1,145.3 1,406.1 1,474.2 1,778.1 1,261 1,814.4 1,546.8 1,537.6 Saskatchewan 2,651.2 3,220.5 3,975.7 3,352.3 2,109.2 1,304.1 2,653.5 2,903.0 4,633.4 3,658.2 3,030.4 3,046.1 Alberta 2,041.2 2,449.4 2,971 2,154.6 1,723.7 793.8 1,995.8 2,925.7 3,51.4 2,59.7 2,465.3 2,366.6 B.C. 22.7 61.2 62.4 45.4 42.5 15.9 36.3 43.8 63.5 27.7 37.4 42.1 Total Canada 6,266.4 7,587.8 8,798.3 7,085.8 5,062 3,577.1 6,229.7 7,728.1 9,660.2 8,485.3 7,136.1 7,048.1 Source: Field Crop Reporting Series - Statistics Canada Table 16: Canadian Canola Yield (bushels/acre) Year 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006(p) 5 yr Av 10 yr Av Ontario 36.9 38.5 36.9 36.3 39.4 32.5 40.0 37.3 25 39.1 34.8 36.2 Manitoba 28.1 30.7 30.6 27.9 26.2 28.8 26.1 30.7 25.7 32.1 28.7 28.7 Saskatchewan 20.9 22.9 26.7 25.1 19.8 18.6 20.7 22.5 31.5 25.8 23.8 23.5 Alberta 22.8 25.1 29.0 25.0 26.7 20.6 26.7 33.9 37.9 31.4 30.1 27.9 B.C. 18.2 27.0 27.5 22.2 25.0 20.0 22.9 31.0 37.3 18.8 26.0 25.0 Total Canada 23.0 24.9 28.2 25.6 23.3 22.3 23.7 27.9 32.6 28.8 27.1 26.0 Source: Field Crop Reporting Series - Statistics Canada 29 ACPC ANNUAL REPORT 2005-2006 Audited Financial Statements 30 Innovation, Integration, Education - The Canola Advantage 31 ACPC ANNUAL REPORT 2005-2006 Audited Financial Statements 32 Innovation, Integration, Education - The Canola Advantage 33 ACPC ANNUAL REPORT 2005-2006 Audited Financial Statements 34 Innovation, Integration, Education - The Canola Advantage 35 ACPC ANNUAL REPORT 2005-2006 Audited Financial Statements 36 Innovation, Integration, Education - The Canola Advantage 37 ACPC ANNUAL REPORT 2005-2006 Audited Financial Statements 38 Innovation, Integration, Education - The Canola Advantage 39 ACPC ANNUAL REPORT 2005-2006 Audited Financial Statements 40 Innovation, Integration, Education - The Canola Advantage 41