Farms.com Home   Ag Industry News

Bring on the Love: 2013 Food Freedom Day falls on Valentine’s Day

Ontario Federation of Agriculture commentary focuses on importance of Food Freedom Day

By , Farms.com

This week’s Ontario Federation of Agriculture (OFA) commentary highlights the importance of the upcoming Food Freedom Day. This year, Food Freedom day falls on the most romantic day of the year – Valentine’s Day, Feb. 14, 2013.

Food Freedom Day is the day in the year by which the average Canadian would have earned enough income to pay their grocery bill for the entire year. According to Statistics Canada, in 2012 Canadian’s spent 12.3% of their disposable income on food, which also includes beverages and tobacco.

Food Freedom Day should be a celebrated day not only for consumers but farmers as well. It’s an opportunity to be thankful for the safe, affordable food that Canadian farmers produce across the country. In Ontario, the agri-food sector contributes $33 billion annually to the local economy and represents 10% of the province’s workforce.

The OFA, which is the largest general farm organization in the province works with policy makers advocating for the agriculture industry to ensure that the agriculture sector remains a profitable business for Ontario farmers.


Trending Video

Did Bears Win Thanksgiving, Will Bulls Get Christmas?

Video: Did Bears Win Thanksgiving, Will Bulls Get Christmas?


Did the bears win Thanksgiving (although this week had green on the screen), and will the bulls get Christmas? Bears won thanksgiving thanks to a USDA Nov crop report dud that stalled the bullish grain momentum for a brief period. But a bullish lower yield surprise in the Dec crop report could reignite the rally.
2026 U.S. winter wheat planting is nearly complete at 97% while crop conditions improved by 3 points to 48% good-to-excellent. US corn & soybean harvest is complete.
High corn demand, which is off the chart, and more Chinese soybean demand could support a Christmas rally.
Nasdaq had it’s worst November since 2011.
A U.S. Fed rate cut in December will help fund flow and sentiment.
Bitcoin held a long-term support at 80,000 and that's positive for fund flow and sentiment. It should help stock prices and Ag as we go into December.
Fertilizer prices continue to climb as we look ahead to 2026. Farmers may rely more on the nutrients that they already have in their soils.
South American Weather remains critical as the soybean reproductive stage starts from late Nov to late Feb depending on planting date.
Will a Russia-Ukraine peace deal happen by year-end?
CFTC data as of showed more managed money fund sell-off as of October 14th.