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Ottawa invests over $19.7 million to address Agriculture's labour shortages

The federal government has announced some key funding to help resolve agriculture's current workforce challenges.

The impact of the pandemic hit the agriculture and agri-food sector hard, with plant closures, market fluctuations and supply chain delays resulting in a significant shortage and loss of skilled labour.

A Labour Force Survey in December of 2022 showed that 260,600 people were working in the agriculture and agri-food sector, down 12.5% compared to pre-pandemic numbers from February 2020.

Federal Agriculture Minister Marie-Claude Bibeau has announced over $19.7 million for two agriculture and agri-food projects under the Sectoral Workforce Solutions Program (SWSP). 
 
The Canadian Agricultural Human Resource Council is receiving an investment of just over $12 million for their "Growing the Agriculture Workforce of the Future: Cultivating Canada's Post-Pandemic Recovery Project". 

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Grain Market Outlook Price Prospects for 2024

Video: Grain Market Outlook Price Prospects for 2024

Joe Janzen and Scott Irwin of the University of Illinois provided an in-depth analysis of the grain market outlook for 2024, including price forecasts, global supply and demand trends, and marketing implications for corn and soybean producers.

Key topics covered:

Review of 2023/24 USDA February WASDE report results Old and new crop corn and soybean balance sheet forecasts Export sales pace comparisons to previous years South American soybean production estimates Impact of input costs and interest rates on marketing Benchmarking farm-level marketing performance As grain prices face downward pressure in 2024, the presenters emphasized the importance of having an active marketing plan in place, rather than a 'store and ignore' approach. They provided insight into strategies for forward contracting, making new crop sales, and capturing opportunities in a volatile market environment.

Overall, an excellent webinar reviewing the latest market analysis and offering actionable strategies for crop producers facing a more challenging economic climate this year.