Farms.com Home   News

Government Commitment Falls Short of Need

The Chair of the Canadian Pork Council says the federal government’s commitment to help the agriculture sector survive the impact of COVID-19 falls far short of what is needed. Yesterday the federal government committed approximately 252 million dollars to support farmers, food businesses and food processors.
 
Canadian Pork Council Chair Rick Bergmann told reporters participating in a joint Canadian Federation of Agriculture, Canadian Cattlemen's Association, Canadian Pork Council news conference, the commitment falls far short of what's needed to protect a sector that will play a critical in role in Canada’s economic recovery, post COVID-19.
 
Clip-Rick Bergmann-Canadian Pork Council:
 
The food sector is critical for the Canadian families' well being and an important employer, an important industry that will be instrumental in helping Canada get through the pandemic restart of the economy. We really believe that we're part of the solution because it all starts on the farm.
 
When it comes to jobs and so on, all of agriculture and I'm talking now specifically of pork production, there's a significant amount of spin off on jobs and the economy benefits. 23 billion dollars in gross domestic product, so without emergency aid for our pork producers, the family farms will continue to be threatened in a very severe way. The risk to the food supply and disruption continues to increase and, at a minimum, food insecurity will increases as supplies tighten and food gets more expensive.
 
We believe that this is not an option. We can do better. We're a civilized country and so we look forward to more solutions. But, right now, the solutions given to us would resemble a cup of water to look after a house that's burning down.
Source : Farmscape

Trending Video

USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension


USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.