Winnipeg/Ottawa | Reuters — For years, the financial stability of Canadian farmers was the envy of their U.S. counterparts, but rising costs, drought and a dispute with China have weakened their bottom lines. Net incomes plunged last year, and that setback was followed in March by China’s halting purchases of canola, Canada’s biggest crop. Now […] Read more
China, drought, debt shake Canadian farm finances
Federal food policy aims to lift local and Canadian-grown products
Federal programs to boost the profile of domestic and locally grown foods at home while reducing food waste, food insecurity and deceptive food marketing are all up for funding under the government’s new Food Policy for Canada. Agriculture Minister Marie-Claude Bibeau and Parliamentary Ag Secretary Jean-Claude Poissant announced the new policy Monday in Montreal, following […] Read more
Agricultural plastics not part of federal ban
The federal government’s plan to halt Canada’s consumption of single-use plastics such as shopping bags, straws and stir sticks over the next couple of years won’t extend to farm chemical containers and grain bags. Cleanfarms, the national industry stewardship body operating waste management and recycling programs for agricultural packaging, said Thursday that plastic products such […] Read more
Bayer to invest $7.5 billion in new herbicides
Berlin | Reuters — Bayer said it would invest five billion euros (C$7.5 billion) in developing new weedkillers and reducing its environmental impact by 30 per cent by 2030, as it seeks to address the fallout from U.S. class-action litigation over glyphosate. “While glyphosate will continue to play an important role in agriculture and in […] Read more
As Biden tours Iowa, farmers want to know where he stands on ethanol
New York | Reuters — Joe Biden may have an ethanol problem. The former U.S. vice-president has pledged support for advanced biofuels as part of his bid for the 2020 Democratic presidential nomination. But Biden, who leads the crowded Democratic field in opinion polls in Iowa and nationally, faces lingering questions in the U.S. Farm […] Read more
New marine fuel rules to boost diesel prices for at least a year, analysts say
Houston | Reuters — Global prices for diesel and marine fuels should rise by October ahead of a January switchover to new, very low-sulphur marine fuels, and remain higher for at least a year as refiners shift production to make more of the new fuels, analysts said. Marine fuels containing no more than 0.5 per […] Read more
U.S. refiner group sues Trump EPA over E15 gasoline
Reuters — The main U.S. refining industry association said on Monday it sued to block the Trump administration’s effort to expand sales of higher ethanol blends of gasoline, arguing the move exceeded the administration’s authority. The legal challenge from the American Fuel and Petrochemical Manufacturers (AFPM) association escalated a battle between the oil and corn […] Read more
Update: Vancouver lockout of longshoremen ends
Winnipeg/Ottawa | Reuters — A lockout of longshore workers at Canada’s biggest port, the Port of Vancouver, ended in a deal on Thursday after a few hours, averting a potentially massive shipping disruption, the workers’ union and employers association said. The lockout was immediately lifted and the union also withdrew its strike notice, according to […] Read more
Mandatory Saskatchewan farm trucker training planned
The training exemption offered in Saskatchewan for semi truck drivers in agriculture operations is now set to be phased out within two years, the province said Wednesday. The provincial government in late 2018 announced it will require a minimum of 121.5 hours of training before a driver can obtain a Class 1 commercial driver’s licence, […] Read more
Canada’s realized net farm income way down in 2018
Stagnant farm cash receipts against significant increases in feed, fuel and interest costs have led to Canada’s biggest decline in realized net farm income in over a decade. That’s according to Statistics Canada, which on Tuesday released full-year farm income data for 2018, pegging realized net farm income for the year at $3.9 billion, down […] Read more
