GFM Network News

Massive global stockpiles of corn, soybeans, wheat, and other commodities mean low prices and gloomy times in the U.S. — but it’s a different story north of the border.

Sheltered from the storm — Canadian farm sector doing well

Low dollar and a robust demand for pulses, canola, and 
specialty crops has spared Prairie producers from troubled times

Reading Time: 3 minutes As the U.S. enters a dark period for its farm economy, there’s cautious optimism in the Canadian agricultural outlook. “The net income and the overall situation in the United States is not looking good,” said Craig Klemmer, senior agricultural economist with Farm Credit Canada. “When we look at the net income expectations for 2016, there’s […] Read more

Jerry Bouma

NOT WORKING: Alberta’s food processing industry needs a big fix

If the province wants a vibrant food industry, it will ‘have to do things differently,’ says expert

Reading Time: 3 minutes Alberta’s food-processing industry faces a grim future without a “disruptive intervention,” says an agri-food industry veteran. “Current approaches toward innovation and growth — particularly in the food industry here in Alberta — are not working,” said Jerry Bouma of Toma & Bouma Management Consultants. “If we seek success and want to grow this industry, we’re […] Read more

person choosing meat in a grocery store

Consumers are richer, but their diets likely won’t be

Consumers will have more cash to spend, 
but very little will go towards bumping up 
their food spending

Reading Time: < 1 minute Consumers are starting the year with a little more jingle in their jeans thanks to the drop in oil prices. “About six or seven per cent of people’s spending in a year is just on gasoline,” said Michael Burt, director of industrial economic trends with the Conference Board of Canada. “If you’re suddenly giving people […] Read more

Conference board’s supply management reform ill conceived

Scrapping the current system would require government to subsidize both 
domestic production and exports

Reading Time: 2 minutes The Conference Board of Canada embraces the mantra that “all growth is good.” Its plan to change supply management for growth is a prescription for weakening, if not eliminating, the three pillars of supply management for dairy production in Canada — production controls, import tariffs and farmers’ cost-of-production pricing — in order to produce more […] Read more