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How do changing consumer eating habits impact farmers?

How will farmers meet the demand to feed 9 billion people?

By Denise Faguy, Farms.com

In 1867 in Canada, when our nation began, 41% of labour jobs were on the farm. Today, less than 1% of the population are farmers – and that number continues to fall. Production farming, organic farming, urban farming – what will allow society to feed a population that continues to increase?

How will we produce enough food to feed 9 billion people? As poverty declines, consumption of proteins increases as well, so it is not just a growing population, consumers’ food habits are changing, placing even more demands on the food system. There are fundamental changes currently underway to food consumption in western countries. How will these trends impact food in the future?

Country Heritage Park is a group determined to preserve the history of our agricultural past, and more importantly, determined to show us the future of agriculture. On October 6th, Country Heritage Park is holding the first in a series of events on the Future of Food & Farming 2041. It will explore the changes and choices we are faced with as a society at both the global and local level with regard to the food we eat. The forum will explore a number of key issues such as creating a food future that’s better for people, profit, and the planet, as well as food design and innovation in the future.

 

The forum will also explore the challenges and opportunities to food security, climate change, land use and the environment, as well as how changing social values are impacting consumer behaviour related to food.

One of the keynote speakers at the event is Mike Lee. Lee runs a group that specializes in innovative design thinking for food products, experiences, and the creation of retail and foodservice concepts. Lee was part of a group that created “the Future Market” a grocery store in the year 2065 that demonstrates how very different consumer habits may be in the future. According to Lee, “we must implement massive structural shifts of innovation in our food system, without this there is no way to address the current, far less the future needs of people, planet and profit. Food & farming are the engines of society, they drive all other innovation.”

Farms.com is a proud sponsor of the Country Heritage Park, as well as the Future of Food and Farming Forum series.

For more information, visit Future of Food & Farming 2041:

http://www.countryheritagepark.com/whats-happening/future-of-food-and-farming-forum/


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Funds Ditch Ag Commodities, Chase Stocks Amid an End to Middle East War, & Trade Deal Buzz

Video: Funds Ditch Ag Commodities, Chase Stocks Amid an End to Middle East War, & Trade Deal Buzz


The 12-day war between Iran-Israel came to an end sending crude oil futures plunging as the big fund speculators removed the war risk premium.

The weather risk premium in the Ag complex is sending corn, wheat and soybean futures lower on month-end selling ahead of the market moving USDA quarterly grain stocks and acreage reports on June 30th.

Instead, funds were chasing and sending tech stocks higher with the S&P 500/NASDAQ indexes setting new all-time record highs!

June 1 USDA Hogs and pigs report was slightly bearish while the U.S. $ Index traded to new contract lows as the de-dollarization that began in 2014 continues.

Feed in the form of soybean meal futures for livestock producers got cheaper, trading to new contract lows.

The Stats Canada seeded acreage update was bullish canola and wheat.