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It is important to crunch the numbers to determine if backgrounding pays. This may not be the year.
Beef Cattle, Cattleman’s Corner, Columns

Economics of backgrounding didn’t pencil out

With high feed costs, this example of adding 300 pounds over winter was a losing proposition

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Years ago, I took one of my first beef marketing courses from a professor who wore a clean white lab coat to class. There was nothing wrong with that, but his previous class was a red meat-cutting class. One of the first thing he taught us is how to determine background-feeding profit. If its expenses […] Read more
Photo: Greg Berg
Canola, Cereals, Crops, Markets, Pulses

AAFC lowers Canadian wheat ending stocks estimates

Drop in estimated oats carryout another notable adjustment

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 MarketsFarm – Canadian wheat ending stocks for both the current marketing year and 2023/24 (Aug/Jul) were revised lower by Agriculture and Agri-Food Canada’s market analysis division in its updated supply/demand estimates, released July 21, with tighter oats and pulse stocks also expected.  Wheat ending stocks for 2022/23 were lowered to 3.540 million tonnes by AAFC, […] Read more
(Fudio/iStock/Getty Images)
Crops, Reuters

Biden overhauling U.S. marijuana policy

Prior federal offenses to be pardoned; moves could ease U.S. business for cannabis firms

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Washington | Reuters — U.S. President Joe Biden took steps to overhaul U.S. policy on marijuana on Thursday by pardoning thousands of people with federal offenses for simple marijuana possession — and initiating a review of how the drug is classified. Biden said thousands of people with prior federal convictions could be denied employment, housing […] Read more
A Pizza Pizza storefront in Winnipeg in 2013. (File photo by Dave Bedard)
Dairy Cattle, Livestock

Blue Cow comes to Pizza Pizza

Dairy Farmers of Canada branding to go on display

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Pizza Pizza is the latest brand to sport Dairy Farmers of Canada’s “Blue Cow” certification-of-origin mark in its marketing, putting an old fight over the pizza chain’s cheese provenance to rest. DFC and Toronto-based, TSX-traded Pizza Pizza — which as of March 31 included 622 Pizza Pizza and 103 Pizza 73 outlets across eight provinces […] Read more
File photo of hogs in transit near Red Deer, Alta. (Stefonlinton/iStock/Getty Images)
Hogs, Livestock, Markets

Alberta hog farmers to get set-aside via AgriRecovery

Producers get funds for feeding held-back market hogs

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An AgriRecovery plan announced Friday is set to pay eligible Alberta farmers 95 cents per day per market-ready hog toward the animals’ upkeep during the shutdown of the province’s biggest hog slaughter plant. Olymel, the meat packing arm of Sollio Co-operative, reopened its plant at Red Deer this week after announcing Feb. 15 it would […] Read more
(Shadowinternet/E+/Getty Images)
Hogs, Livestock, Markets

Feds back pork producers with new levy on imports

New national pork agency to be up and running next summer

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A new agency will use funds from a new levy on imported pork to pay for research and promotion for the Canadian pork sector. Federal Agriculture Minister Marie Claude Bibeau on Thursday officially announced the creation of the Canadian Pork Promotion and Research Agency (PRA). The Farm Products Council of Canada (FPCC) and Agriculture and […] Read more
The Canadian food industry used to be split at around 70 per cent retail and 30 per cent food service and institutional. Today the split is closer to 90 and 10 per cent, respectively, says Peter Chapman.

Features, Marketing

How have the value chain and consumers changed – and will it affect your marketing plans?

Be prepared for greater volatility and disruptions to markets, spend more time on business management practices and take a wider view of consumer behaviours and the value chain

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Most market analysts and farm advisors agree that farmers shouldn’t change their overall marketing plans over the next 12 months specifically because of the COVID-19 pandemic and its potential future effects on trade and global economies. That said, this is without doubt a year unlike any other, and to be prepared for the possibility of […] Read more
File photo of rye at a grain market in India. (Deepak Sethi/E+/Getty Images)
Crops, Markets, Reuters

India’s controversial farm bills become law despite protests

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New Delhi | Reuters — India’s president on Sunday approved three controversial agricultural bills amid nationwide protests by farmers who say the new laws will stunt their bargaining power and instead allow large retailers to have control over pricing. Farmers’ organizations say one of the three laws could lead to the government stopping buying grain […] Read more
File photo of rye at a grain market in India. (Deepak Sethi/E+/Getty Images)
Crops, Markets, Reuters

Indian cabinet minister quits over farm legislation

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New Delhi | Reuters — India’s minister for food processing resigned on Thursday over her opposition to planned laws to allow farmers to sell produce directly to bulk buyers and make contract farming easier, saying the legislation will hurt millions of the country’s farmers. “Proud to stand with farmers as their daughter and sister,” Harsimrat […] Read more
(StockstudioX/E+/Getty Images)
General

Fraser: In ag marketing, emotions need to start trumping facts

Emotional transparency 'actually goes a long way'

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Go to an agricultural event and someone will inevitably point out how bad farmers are at getting their message to consumers. As annoying as it is, those comments underscore an increasingly important theme in Canadian agriculture: communication. It used to be enough to grow and market your crops, but that has changed dramatically over the […] Read more

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