Food inflation in 2014 tied to lower meat supply and exchange rate Thursday, January 16, 2014 by MATT MCINTOSH Retail food prices will continue to rise marginally in 2014 thanks to a fluctuating exchange rate and a lower supply of meat products, says a report released by the George Morris Centre. In their January report, the George Morris Centre – an independent research institute that studies Canada’s agri-food sector – predicts that food prices will see an inflation rate “at or below the overall rate of inflation,” hovering at less than one per cent in 2014. The report says that high demand and a lower supply of pork and beef means meat prices will continue to press upwards. Similarly, the Canadian dollar has been falling in value against the American dollar over the past year, which they say might trigger higher domestic prices this year. Despite the meat supply and exchange rate, however, the report says inflation should be low thanks to higher retail competition, and more stable food-processing costs. A slower overall economy and “lukewarm consumer confidence” may also be suppressing inflation rates. “What goes on at the retail end is of course very important to producers,” says Kevin Grier, senior market analyst at the George Morris Centre, and one of the report’s authors. “However, the predicted inflation rate likely won’t affect farmers as much as retailers. Month to month fluctuations in food prices have more to do with market competition.” The full report is available from the George Morris Centre’s website. BF New appointment on Farm Products Marketing Commission Ontario Livestock Dealers Association introduces new traceability program
$18.4M Boost for Canadian Cereal Grain Innovation Thursday, September 19, 2024 Gate Project Receives Major Funding for Research Canada's position as a pioneer in cereal grain research is set to strengthen with the Gate Capital Campaign raising $18.4 million. This funding will support the Global Agriculture Technology Exchange (Gate) initiative, a project... Read this article online
BASF introduces Surtain herbicide for field corn growers Tuesday, September 17, 2024 Field corn growers in eastern Canada have a new crop protection product available to them. After about 10 years of research and trials, BASF has introduced Surtain, a residual herbicide for corn that combines PPO inhibitor saflufenacil (Group 14) and pyroxasulfone (Group 15) in a premix... Read this article online
We Didn’t Start the Fire! Impacts of Wildfire Smoke on Corn Monday, September 16, 2024 Assistant Professor of Corn Production at Purdue University’s College of Agriculture, Daniel Quinn, PhD. recently provided fascinating insights into the impacts of fire on major corn producing areas, many of which have been impacted by smoke from wildfires. Quinn was the keynote... Read this article online
New home for the Christian Farmers Federation of Ontario Saturday, September 14, 2024 The Christian Farmers Federation of Ontario (CFFO) has announced it has moved into its new office building in Ingersoll. Located at 274620 27th Line in Ingersoll, the new office will serve as the hub for CFFO’s ongoing efforts to advocate for and support Ontario’s Christian farmers.... Read this article online
Canadian Ag Youth Council Welcomes new Members Saturday, September 14, 2024 Agriculture and Agri-Food Canada has announced the latest members to join the Canadian Agricultural Youth Council (CAYC). This update introduces nine fresh members alongside thirteen returning youths, marking a significant step towards involving young voices in agricultural... Read this article online