Love organic food? This is your week to celebrate

Sep 22, 2014

Canada’s National Organic Week showcases organic food and products

This week is proclaimed as National Organic Week in Canada, the largest annual celebration of organic food and farming across the country.

According to a fact sheet posted on the Organic Week site, Canada is the fifth largest organic market in the world. The country is home to approximately 3732 organic farms, about 870 organic processors, and 245 organic handlers. Canadian organic exports are currently valued at $400 million per year.

Interestingly, Saskatchewan has the most organic farms in Canada, representing about 97 per cent of its field crops. Whereas in the province of Quebec the organic sector has seen the largest amount of growth compared to its provincial counterparts with a 179 per cent increase since 2001. B.C. is home to the largest concentration of organic farms in an urban area. For example 31 per cent of the farms near Victoria are deemed organic. The vast majority of organic farms in B.C. are fruit and vegetable operations.

Event organizers say “organic represents a vibrant alternative food system and an alternative option for clothing, personal care and cleaning products.” If you want to buy organic food, look for the “Canada Organic Biologique” logo on products. Products that bear this symbol indicates that it meets Canadian requirements of organic standards and regulations. This means that the product has passed independent audits and inspections, in addition to regular food safety requirements.

Organic week is from September 20-28, 2014. Want to get involved? Visit Organic Week events section on their website for more details.

Video: U.S.-China Trade “Truce” + U.S. Fed Cuts Rates Again

The market was hoping for a US-China trade deal, but we got a trade “truce” for now from the keenly awaited Trump-Xi meeting at the APEC Summit.
China commits to minimum purchase commitments of 12 MMT of U.S. soybeans during the “current season” and a minimum of 25 MMT annually through 2028.
U.S. Treasury Sec Bessent said other Asian countries have agreed to buy additional 19 MMT of US soybean.
Soybean futures trading above $11 now- they normally tend to rally to $12.
As expected, US Fed cuts interest rates by -0.25% again in October to 3.75%–4.00%. No further cuts promised for this year but trade looking out to the Dec FOMC.
The Bank of Canada cut interest rates to 2.25% but raised concern over trade war damage.
Soy meal futures, remarkably, have had 14 consecutive higher close sessions. A bull market in soybeans is a bull market in soy meal!
Cattle futures lower as funds unwind out of cattle for now due to Trump headlines and objective to lower beef prices.
All major stock indices climb to new record highs. It was Mag 7 reporting week, which had mixed results. But we now have the first $5 trillion company in Nvidia!