Credit crunch not yet hitting Canadian ag

Reading Time: 2 minutes (Resource News International) — Western Canadian farmers looking to buy some new land, improve their equipment or simply make ends meet until the next year’s harvest don’t yet appear to have run into problems securing credit. However, an executive with federal ag lender Farm Credit Canada said Monday, if the global financial crisis escalates or […] Read more

Conservatives pledge “AgriFlex”-style program

Reading Time: 3 minutes A re-elected Conservative federal government will put up $500 million over four years to work with Canada’s provinces on an “agricultural flexibility” program, Agriculture Minister Gerry Ritz said Thursday. A federal/provincial flexibility program will deliver “region-specific programs that help farm families cope with the costs of production pressures, promote innovation, ensure environmental sustainability, and respond […] Read more


July livestock prices up, crops down: StatsCan

Reading Time: < 1 minute Prices farmers received for their commodities were virtually unchanged, up 0.1 per cent in July from June 2008, as a slight increase in the livestock and animal products index offset a 2.6 per cent dip in the crops index, according to Statistics Canada Wednesday. This was just the second monthly decrease in the crops index […] Read more

WCI cap-and-trade plan to consider ag offsets

Reading Time: 3 minutes The Western Climate Initiative, in its proposed design for a regional cap-and-trade program to cut greenhouse gases, will look seriously at including agricultural offsets — which in turn could allow farmers in several provinces to provide carbon credits to the program. The WCI’s partner jurisdictions include the governments of British Columbia, Manitoba, Ontario and Quebec […] Read more


Grits pledge “regional flexibility” in ag programs

Reading Time: 3 minutes A $564 million “regional flexibility fund” for farm programming is among the promises on offer from the federal Liberals leading up to next month’s election. Liberal leader Stephane Dion and members of the Liberal caucus and candidates’ roster appeared Friday morning at a farm at Headingley, Man., just west of Winnipeg, to outline their plans […] Read more

Dion’s revisions don’t silence “Green Shift” critics

Reading Time: 4 minutes (Resource News International) — After drawing heavy criticism from a variety of Canadian industries, Liberal leader Stephane Dion revised his party’s controversial environmental plan. However, sources within the Canadian agriculture and trucking industries say the revisions still do not address their concerns about the plan. The cornerstone of Dion’s environmental proposal, dubbed the “Green Shift,” […] Read more


Drozd: U.S. dollar blamed for market meltdown

Reading Time: 2 minutes There has been a lot of talk lately about the pressure the strengthening U.S. dollar is putting on commodity prices. To the extent that a higher U.S. dollar diminishes foreign buyers’ purchasing power, making U.S. goods more expensive, this is true. However, the rising dollar is not the only factor contributing to lower commodity prices. […] Read more

FCC takes food bank drive national

Reading Time: < 1 minute Employees of Farm Credit Canada will go national this year with their annual drive to collect food and donations for rural food banks. The program, called Drive Away Hunger, expands this year from a collection of regional tour events to a drive to collect food and cash donations in every FCC field office across Canada. […] Read more


Food makers’ profit growth to continue: report

Reading Time: 3 minutes Even as prices rise for ag products and production growth slows, Canada’s food makers are expected to show steady growth in profits over the next four years, according to the Conference Board of Canada. The Ottawa-based think tank on Thursday released its industrial outlook for the food manufacturing industry, predicting that after two years of […] Read more

Near half of farmers pledge to food banks: poll

Reading Time: 2 minutes Almost half of all Canadian farmers have at least once donated some of their production to a local or international food bank organization, a new poll reports. The poll, conducted by Ipsos Forward Research with 1,048 farmers in early May this year, found 46 per cent of respondents have donated a portion of production. Of […] Read more