The federal government will invest $89 million in 49 processing projects in the supply managed sector. Agriculture minister Lawrence MacAulay was in Ingleside, Ont., at the Lactalis Canada cheese plant to make the Feb. 5 announcement. The projects are through the six-year, $397.5-million Supply Management Processing Investment Fund, which is part of Ottawa's commitment to help sectors that lost market share due to trade agreements.
Feds plan to invest in processing projects
The money comes from a fund earmarked to help supply managed sectors hurt by trade deal
Yield challenge to tap competitive, community spirit
Nutrien Ag Solutions’ puts up $55,000 in prize money for community organization
Farmers could win bragging rights and cash for community organizations in a new yield competition from Nutrien Ag Solutions.
Klassen: Canadian feeder market jumps on USDA data
The U.S. cattle herd reached lowest head count since 1950s, trade anticipates heifer retention
For the week ending February 2, Western Canadian feeder cattle prices were up $6/cwt to $12/cwt from seven days earlier. Certain pockets of Western Canada had grass cattle trading $12/cwt to as much as $20/cwt above the previous week.
U.S. grains: Soybeans move higher on technical trading ahead of government reports
Strong dollar weighed heavy on wheat; corn pressured by sluggish exports
Chicago Board of Trade soybeans futures on Monday rose on technical trading ahead of a slew of key government crop reports, after the most-active contract Sv1 touched the lowest price since December of 2020, traders said.
U.S. livestock: CME cattle futures turn lower on profit-taking
Lean hogs also turn lower after recent rally faced fundamental resistance
Chicago Mercantile Exchange cattle futures ended the day lower on Monday, as market participants sought to take profits after live cattle futures hit a nearly three-month high in the previous session, traders said.
Funds still sitting on large net short position in canola
Soybeans' net short position increased by about 5,000 contracts
The large net short position in canola futures held relatively steady during the week ended Jan. 30, with speculative traders making only minor adjustments, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Technical centre wants farmers to consider barley
AAFC projects higher barley production in 2024
As farmers prepare for spring seeding, the Canadian Malting Barley Technical Centre reminded them to keep barley in mind.
“Animal-free” milk gets green light in Canada
Company touts synthetic dairy as more environmentally friendly, healthy
In a news release today, Israeli startup Remilk, which uses the tagline "Real Dairy. No Milk," announced it had received a 'No Objection Letter' from Health Canada. This will "open the door for use of Remilk's protein in a variety of products with the same taste and texture as milk, ice cream, yogurt, cream cheese, and more," the company said.
Italy’s farmers head to Rome in tractor convoy protest
Protests in France, Germany eased; farmers blocked Dutch-Belgian border
Italian farmers protesting about red tape and cheap imports from outside the EU headed towards Rome in convoys of tractors on Monday, while their colleagues in the north led a cow through the streets of Milan.
Ukraine’s farm unions ask government to protect free EU market access
The European Commission has proposed limited Ukrainian imports to pacify protesting farmers
Ukrainian agrarian unions have asked the government to do everything possible to maintain free access to the European market for their food products, the UCAB association said on Monday.
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