Bibeau Announces Membership For Canadian Food Policy Advisory Council

Feb 22, 2021

On Friday, Minister of Agriculture and Agri-Food Marie-Claude Bibeau announced the membership of the Canadian Food Policy Advisory Council, a central component of the Food Policy for Canada.

“Whether it’s food insecurity, food fraud, food waste, or promoting the good stories of our agricultural producers, collaboration is the key," said Bibeau. "This Advisory Council is a first-of-its kind in Canada, and reflects our vision for a sustainable food system in Canada built on an inclusive approach. Each of these members has a unique set of experiences and knowledge that will help improve the way Government programs are developed and implemented. I can’t wait for our first discussion!”

The Canadian Food Policy Advisory Council’s 23 members bring together diverse expertise and perspectives from across the food system, including the agriculture and food sector, health professionals, academics, and non-profit organizations. Members also represent Canada’s geographic and demographic diversity.

The lone Manitoba representative is Larry McIntosh of Peak of the Market. CLICK HERE FOR THE FULL LIST.

The Council will advise the Minister on current and emerging food-related issues that matter to Canadians.

The Council’s first meeting will be held virtually on March 4, 2021.

Click here to see more...

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!