Tough year for Canada's food processors Thursday, September 20, 2012 by SUSAN MANNThe food manufacturing industry is struggling through a tough year, according to the Conference Board of Canada.In its report, Canadian Industrial Outlook: Canada’s Food Manufacturing Industry, Summer 2012, released Thursday, the board says the slow recovery in the United States – Canada’s key export market – coupled with a significant run-up in commodity prices and a slowing Canadian job market have slowed the industry’s growth.The industry’s gross domestic product is forecast to increase by only 0.5 per cent this year. Industry profits will rise slightly this year to $4.7 billion from $4.6 billion in 2011. Gross domestic product growth should improve in 2013, the board says.Michael Burt, Conference board director industrial economic trends, says in a news release that food manufacturers are being squeezed by both costs and prices. “Input costs are rising due to a run-up in commodity prices and demands from retailers and consumers are limiting the ability of manufacturers to increase their own prices. The result is pressure on the industry’s profit margin.” BF Virus 'rarely spreads from animals to humans' says Ontario's chief medical officer of health Seasonal agricultural workers treated well says program spokesman
New CEO for Livestock Research Innovation Corporation Friday, September 13, 2024 Livestock Research Innovation Corporation (LRIC) is promoting from within with the appointment of the organization’s newest Chief Executive Officer. Industry Services Manager Kelly Somerville has been tapped to assume the role as of September 3, replacing retiring CEO Mike McMorris.... Read this article online
Milwaukee Extended Anvil High Torque Impact Wrench Thursday, September 12, 2024 Measuring torque is a common on-farm task it can sometimes be a challenge to accomplish this for multiple and varied pieces of equipment, that where Milwaukee’s M18 FUEL™ 1" D-Handle Ext. Anvil High Torque Impact Wrench w/ ONE-KEY™ can provide value. Cordless tools create convenience,... Read this article online
Ontario and Feds look to strengthen the provincial agri-food sector Monday, September 9, 2024 The governments of Canada and Ontario have announced they will be investing an additional $3.5 million in the Ontario Agri-Food Research Initiative (OAFRI) to support the development and adoption of new technologies for farmers, food processors, and agribusinesses that will enhance... Read this article online
The Great Ontario Yield Tour predicts a record-breaking soybean crop Friday, September 6, 2024 The Great Ontario Yield Tour is predicting the 2024 Ontario soybean yield will be 54.12 bu/ac—a NEW RECORD high surpassing the previous record of 53 bu/ac set last year. If the prediction is correct, it will be the best soybean crop ever produced in Ontario!... Read this article online
IPM needs volunteers Thursday, September 5, 2024 The International Plowing Match & Rural Expo 2024 (IPM) could use a helping hand for volunteers. The IPM is being held this year in Lindsay, Kawartha Lakes, Ontario, between October 1 and 5, 2024. While we are aware that the majority of the popular event is being held during... Read this article online