Farms.com Home   Ag Industry News

$30 Million Local Food Initiative for Ontario

Sep 17, 2013
By Denise Faguy
Assistant Editor, North American Content, Farms.com

The Ontario government announced on Monday that a new Local Food Fund is now accepting applications. Over the next three years, the Ministry of Agriculture and Food will be investing $30 million to create jobs and support innovative local food projects.

“Supporting local food does so much for Ontario,” says Premier Kathleen Wynne. “We are committed to working with our industry partners to increase the demand for local food, which will feed local economies across the province.”

The Local Food Fund is part of the Ontario government’s overall strategy on local food which seeks to increase awareness and demand for foods that are grown and made in Ontario.  There are four categories of funding for the program, two specifically related to farming and agri-businesses or local farms with consumer outreach.

Education, Marketing and Outreach – these include projects that focus on marketing and promotional activities that improve consumer awareness and demand for local foods, such as promoting local culinary destinations, organic products, seasonal availability, and food festivals, or the promotion of new products.

Regional and Local Food Networks – these projects focus on building capacity along the value food chain through information sharing and collaboration between value chain partners, the end result being the improvement to access and supply of local foods.  These types of projects also include ones that focus on strengthening the entire supply chain and encourage value chains.      

The other two categories include Enhanced Technologies, Capacity and/or Minor Capital, and Research and Best Practices.

Farmers interested in obtaining an application form should visit www.Ontario.ca/localfood.


Trending Video

Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?

Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?


Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
Our China U.S. soybean purchase tracker is now at 26.6% or a total of 3.2 mmt but for traders it’s taking too long to unfold.
The final Stats Canada production report was bearish canola and wheat projection a record crop in both (it adds to the global glut of supplies) and bullish local corn and soybean prices in Ontario/Quebec thanks to a drought. It will not help the fund flow short-term, the USDA may need to offset it?
A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
More inflows into Bitcoin this past week saw prices rebound back above 90,000 with support at 82,000 and resistance at 96,000.
A V-shaped bottom in cattle suggest the lows are in after Mexico reported another new world screwworm case. Lower weights, seasonal demand and higher U.S. beef select/choice values with a continued closure of the Mexican border to cattle will result in a resumption of higher cattle futures into yearend.
Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.