Crops looking pretty good for Reinfeld area farmer
Reinfeld area farmer Jack Froese says his crops are looking pretty decent with the rain that we've had this year.
He commented on the corn crop.
"We had a three inch rain across most of our corn here a little better than two weeks ago. So we had a little bit of an issue there and then we had some blowing earlier in the year but it's coming around really nicely. It's looking very good."
Froese notes there also were some challenges with canola earlier in the season.
Western Canadian Wheat Growers makes submission to PMRA’s review of Pest Control Products Act
The Western Canadian Wheat Growers (WCWG) has made its submission to the Pest Management Regulatory Agency’s review of the Pest Control Products Act.
Canadian meat industry pleased to see exemption in Front-of-Package labelling regulations
The following statement was issued Thursday by the Canadian Cattlemen's Association, Canadian Meat Council, Canadian Pork Council, and National Cattle Feeders' Association:
Today, the Honourable Jean-Yves Duclos, Minister of Health announced the finalized Front-of-Package labelling regulations, part of the Government of Canada’s Healthy Eating Strategy. In the finalized regulations, ground beef and pork are exempt from the requirement of having a front-of-package warning label.
Cereals Canada releases 2021 annual report
Cereals Canada has released its 2021 annual report, providing an overview of how the organization worked to support the Canadian cereals value chain, and made progress on its key objectives, despite industry-wide challenges.
“In the last year, the entire industry came together to support each other,” said Board Chair Todd Hames. “We experienced drought, excess moisture, floods, geopolitical crisis, evolving marketplace concerns, and government regulation, yet we continued to maneuver through these events to help Canadian farmers and the cereals value chain.”
Canada announces interest relief for farmers
On Thursday, Minister of Agriculture and Agri-Food, Marie-Claude Bibeau, announced that the interest-free portion of the Advance Payments Program will increase from $100,000 to $250,000 for the 2022 and 2023 program years. As a result, participating producers will save on average $5,500 in interest costs over the next two years. This change will represent total savings of up to $61 million over two years for approximately 11,000 producers.
Hog Market Update
Forward hog contract prices have been stable as of late.
Tyler Fulton is director of risk management with Hams Marketing Services.
"We've seen a fair amount of volatility day to day, but they haven't been trending one direction or the other," he said. "Whatever they seem to lose one day, they'll regain the next day and it's coming not just from a volatile pork complex but also the Canadian dollar is highly volatile as well and that has a direct influence on what forward prices are."
Signal and communication workers on strike at CN Rail
The International Brotherhood of Electrical Workers (IBEW), which represents about 750 CN Rail employees, says signal and communication workers have walked off the job across the country.
Workers were legally on strike as of 11 a.m. local time on Saturday.
The IBEW gave a 72-hour strike notice Wednesday morning.
A spokesman for CN Rail says the company has implemented an "operational contingency plan," noting that operations are continuing "safely and at normal levels."
CN Rail receives strike notice
About 750 Canadian National Railway employees are threatening to strike beginning on Saturday.
The company announced Wednesday that it received a 72-hour strike notice from the International Brotherhood of Electrical Workers.
Wages and benefits are two of the main issues.
CN remains optimistic that an agreement can be reached without a labour disruption.
Economic conditions are tightening: FCC Report
Farm Credit Canada (FCC) has released its second quarter Economic and Financial Market Update.
Kyle Burak is a senior economist with FCC.
Dairy Farmers of Canada asks Canadian Dairy Commission for advance price adjustment
Dairy Farmers of Canada (DFC) has made a request to the Canadian Dairy Commission (CDC) for an advance price adjustment in the farmgate price of milk.