Farms.com Home   News

Minister Ritz Announces Bill C-18 Passed.

Winnipeg, MB - Agriculture Minister Gerry Ritz announced today that the Agricultural Growth Act (Bill C-18) received Royal Assent. The Agricultural Growth Act will modernize Canadian agriculture and increase trade opportunities for farmers.

Farmers now benefit from greater access to new crop varieties and the latest technology to remain competitive and meet the needs of Canadians. This new legislation strengthens agricultural intellectual property rights through the ratification of the Act of the International Union for the Protection of New Varieties of Plants, also known as UPOV'91, improves access to the latest scientific research, reduces red tape and regulatory burden on producers, and expands global market opportunities. As well, inspectors have stronger tools to enforce regulations and deter anyone who puts Canada's plant and animal resource base at risk.

Yesterday Minister Ritz tabled before Parliament a treaty to ratify the UPOV'91 Convention. The 1991 UPOV Convention is the international standard for plant breeders' rights. Being party to the UPOV'91 Convention will provide access to new and better tools to help Canada's farmers and agricultural industry grow their businesses and bring Canada in line with its major trading partners.

Ratification of the UPOV'91 Convention at the international level will facilitate farmers' access to new and innovative plant varieties while protecting intellectual property and encouraging investment.

This new legislation will increase trade opportunities, enhance oversight and contribute to Canada's overall economic growth.

Source: CFIA


Trending Video

Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”

Video: Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”


After a week of a U.S./China trade truce, markets/trade is skeptical that we have not seen a signed agreement nor heard much from China or seen any details. There are rumors that China is buying soybean futures & not the physical. Trust in Trump?
12 MMT of U.S. soybean purchases by China by year-end is better than 0 but we all need to give it more time and give it a chance to unfold. China did lower the tariffs on Ag and is buying U.S. wheat and sorghum.
U.S. supreme court could rule against Trumps tariffs, but the Trump administration does have a plan B.
U.S. government shutdown is now the longest in history at 38 days.
But despite a U.S. government shutdown we will be getting a USDA November crop report next Friday and it could be “game changing.” If the USDA provides a bullish surprise with lower U.S. corn and soybean yields and ending stocks that are lower than expected both corn and soybean futures will break out above their ceilings at $4.35/bu and $11.35/bu respectively.
The funds continued their selling in live and feeder cattle futures on continued fears that the Trump administration want to lower U.S. beef prices. The fundamentals have not changed, only market psychology has.
Stocks markets continue to worry about a weak U.S. job market, but you can blame ChatGPT for that. In the future, we will have a more efficient, productive and growing economy with a higher unemployment rate until we have more skilled AI workers.
After 34 new record highs in the S & P 500 and 124 new records in the NASDAQ in 2025 we are back to a correction and investor profit taking as AI valuations may have gotten too stretched near-term ahead of NVDA’s 3rd quarter earnings announcement on Nov. 19th. But this is not an AI bubble.
75% of Tesla shareholders approved a $1 trillion pay package for Elon Musk!
It has rained in South America in the last 7 days, but both the American and European models agree that Central Brazil remains dry in the next 14-days!