Three Ontario groups praise Local Food Act

Mar 26, 2013

Groups say Local Food Act is a “step in the right direction”

Local food gets a boost from the Government of Ontario with the introduction of the Local Food Act.

Three Ontario groups released a joint statement on Monday - Ontario Federation of Agriculture (OFA), Friends of the Greenbelt Foundation and Gordon Food Services (GFS) saying that the Local Food Act is welcomed.

“Ontario farmers are eager to meet consumer demand and preferences for local, fresh food,” says Mark Wales, OFA President. “This Act will help create more opportunities but to be truly effective Ontario also needs to focus on food literacy in our schools and improving access to nutritious food for all Ontarians. We look forward to working with the government to better develop these food priorities.”

Ontario has one of the most diverse agricultural systems in the country, with more than 200 commodities, including fruits, vegetables, and a variety of livestock and greenhouse products available.

The OFA is the largest general farm organization in the province representing farmers in the province. The Friends of the Greenbelt Foundation oversees 1.8 million acres of farmland, forests, and wetlands and seeks to protect natural resources. Gordon Food Services is North America’s largest foodservice distributor.

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.