Reading Time: 3 minutes Farm Credit Canada predicts a bit of a rocky road ahead for Canadian farmers, with input prices high, commodity prices low and interest rates not expected to drop in the short term. “The sentiment of the industry is not the greatest right now,” said Desmond Sobool, FCC’s director of economics and deputy chief economist, speaking […] Read more
Economic headwinds seen for Canadian farmers
From interest rates to the dollar to commodity prices, here’s what Farm Credit Canada sees coming
Thousands of farmers rally in New Delhi to demand higher crop prices
Allowing farmers to enter the city seen as a concession from Modi government
Thousands of farmers rode buses and trains from across India to gather on Thursday at a rally in the capital, New Delhi, pressing a demand for higher guaranteed prices for their crops, as they faced down police barricades and tough security.
Opinion: The emerging consensus on food prices
Why all political parties agree that the grocer code of conduct is necessary
Reading Time: 3 minutes The Parliamentary Agriculture Committee has embarked on a mission to address rising food prices, extending an invitation to both Loblaw and Walmart. In a letter from the committee, Ottawa urges both retailers to voluntarily comply with the proposed grocer’s code of conduct or risk facing legislative action. In other words, Canada is on the verge […] Read more
EU backs another year of access for Ukrainian food
Proposal includes tariff 'emergency brake' for some products in response to farmer protests
European Union lawmakers approved on Thursday granting Ukrainian food producers tariff-free access to EU markets for another year, rejecting amendments that could have increased restrictions.
Beets won’t benefit from Hamilton sugar refinery
Sugar beet growers want more market share for their locally grown crop, but they won’t get it from Canada’s newest sugar refinery
Reading Time: 2 minutes Glacier FarmMedia – When shelves across Western Canada were empty of sugar after strike action at the Rogers Sugar refinery in Vancouver, Canada’s sugar beet growers renewed calls for a national sugar strategy. Groups including the Alberta Sugar Beet Growers have long decried Canada’s reliance on imported cane sugar rather than Canadian-grown sugar beets. Alberta’s crop makes up about eight per cent of the sugar consumed […] Read more
Olymel parent company posts profit after plant closures
The company closed plants in Ontario, Quebec, and slowed production in the west in 2023
Sollio Cooperative Group, parent company of meat processor Olymel, says it’s back in the black after a period of losses led to closures and cut-backs.
Poland urges EU sanctions on Russian, Belarusian farm products
Polish farmers have been protesting EU environmental regulation, competition from Ukrainian imports
Poland plans to ask the European Union to put sanctions on Russian and Belarusian agricultural products as it seeks to meet the needs of protesting farmers, Prime Minister Donald Tusk said on Monday during a visit to the Lithuanian capital Vilnius.
Wine sector support program extended
Program must continue to help Canadian wineries compete with imports, sector says
A program that pays grants to Canadian wineries to help them adapt to industry and competitiveness challenges has been extended to 2027, the federal government announced today.
Maple Leaf combines plant, meat protein divisions
Meat sales struggle in fourth quarter, plant sales drop
Maple Leaf will merge its plant and meat protein divisions and plans to expand in the U.S. market, the company said in February.
Companies in Ukraine see problems pile up, but most tough it out
Blockades, capital controls, insurance costs weigh on companies
German supermarket chain Metro and its 3,400 employees in Ukraine have worked hard to get their business back to where it was before Russia's full-scale invasion two years ago.
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