Daily news Archive - AGCanada
WEBSep. 20th, 2024 tagged Global trade grain Louis Dreyfus. LDC, one of the world's largest crop traders and processors whose competitors include ADM, Bunge and Cargill, said its core earnings (EBITDA) were $1.057 billion (C$1.434 billion) in the first six months of 2024, against $1.169 billion (C$1.586 billion) a year earlier.
U.S. farmers call for vaccine option to fight bird flu as wildfowl ...
WEB1 day ago · Washington/Chicago | Reuters — U.S. farmers are increasing pressure on the Biden administration to allow vaccinations for chickens, turkeys and cows to protect them from bird flu infections that have devastated flocks for three years.. This autumn, flocks in the $67 billion U.S. poultry industry for the first time face a double risk for infections from dairies and migrating birds that can ...
New farm income record set in 2023, estimates suggest
WEBFeb 16, 2024 · For 2023, net cash income (NCI), the main metric Agriculture and Agri-Food Canada uses to measure farm income, is forecast to have increased 13 per cent to a new record of $24.8 billion. In a media release AAFC noted that growth in expenses and income was forecast to be “much more modest” than 2021 and 2022, but the growth in …
AAFC ups wheat, canola carryout forecasts - AGCanada
WEB3 days ago · Total Canadian wheat exports for 2024-25 were left unchanged at 25.300 million tonnes, which would be in line with the 25.242 million tonnes exported in 2023-24. Canola ending stocks were forecast at 2.500 million tonnes, up slightly from the August estimate of 2.230 million tonnes but below the 3.092 million tonnes on …
Ag ministers lock in next policy funding framework - AGCanada
WEBJul 22, 2022 · The new federal-provincial ag policy funding framework due to take effect next April 1 will include a new ecological goods and services plan and a sweetened compensation rate for AgriStability. Following meetings this week in Saskatoon, federal Agriculture Minister Marie-Claude Bibeau and her provincial and …
Global Markets: Canadian economy improves in July - AGCanada
WEB1 day ago · Canada’s gross domestic product expanded by 0.2 per cent in July, according to Statistics Canada on Friday. StatCan reported growth in 13 of the 20 economic sectors it tracks, following 0.1 per cent growth in each of the previous two months. Retail trade led the way in July with an increase of one per cent. The report noted wildfires caused a ...
Canadian cattle herd reaches lowest level since 1989
WEBFeb 23, 2024 · The Canadian cattle herd fell to its lowest level in more than thirty years this January, Statistics Canada says. “Record average producer prices… drought conditions, and tight feed supply continued to put downward pressure on the cattle sector, and producers responded by sending breeding stock to feedlots,” StatCan said. On January 1, Canadian farmers held 11.1 million cattle and calves ...
Federal budget draws mixed reaction from Canadian ag groups
WEBApr 18, 2024 · Livestock tax deferral, capital gains exemption praised; overall lack of investment in agriculture noted. The 2024 federal budget, released Tuesday afternoon has drawn mixed reactions from ag groups across Canada. While some have praised aspects of the plan, others have condemned the lack of attention paid to agriculture and farmers.
StatCan field crops report numbers fairly acceptable says analyst
WEBAug 28, 2024 · Glacier FarmMedia | MarketsFarm – Statistics Canada’s production estimates in its principal field crops report issued Aug. 28, came in better than expected according to MarketsFarm analyst Mike Jubinville.. While Jubinville thought StatCan might peg the 2024/25 canola crop at around 20 million tonnes, the federal agency placed their call at 19.50 million, while a poll by Reuters expected ...
Agritechnica update: Canadian content and a John Deere update
WEBNov 16, 2023 · There’s significant Canadian content at Agritechnica. Large companies like AGI and MacDon have impressive displays with significant real estate.. I also happened upon the Canada pavilion, packed with companies familiar to many of us, including Honey Bee, Mankato, Schulte and Bushel Plus.. The companies say that there’s value in companies from Canada banding together to create more of a ...