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Showing Support for Canadian Farmers

Agriculture is one of the unique industries that both affects, and is affected by, everyone. Besides providing healthy food, farming has a direct effect on economic activity and the environment—both on farms and beyond the fields. When farmers adopt best environmental practices, we all benefit from not only the food and economic activity but also the public goods this sector provides.
 
As an advocacy group, the CFFO emphasizes the importance of these public benefits by promoting farmland preservation, water stewardship, soil health, and agri-food sector success. Recently, the provincial and federal governments took big steps to increase the public benefits provided by agriculture by directing funding toward several initiatives.
 
For example, the federal government has committed almost $50 million in support of the Agri-Food Automation and Intelligence Network to develop automated and digitized solutions in Canada’s agri-food sector. The provincial government has also committed almost $19 million towards two research initiatives: a Dairy Research Cluster ($16.5 million) focusing on efficiency, sustainability, cow welfare, and milk quality, as well as  funding for University of Guelph research ($1.8 million) into best practices for soil, air, and water protection on Ontario farms. The Ontario government is also revitalizing the Rural Economic Development (RED) Program, which will “support projects that diversify and grow local economies.” Just this week, both levels of government committed funds toward improving honey bee health and supporting their role in Ontario agriculture.
 
Publicly funded support for agricultural research and rural development makes sense. Because farming bears so much responsibility for our overall economic and environmental well-being, governments can boost the public benefits farmers provide through funding programs such as the ones recently announced. These recent government commitments express the importance of evolving the industry to not only generate more public benefits but also to withstand some of the new pressures agriculture faces today.
 
Canada is not only endowed with some of the world’s best farmland but also some of the world’s most effective and sustainable farmers. Supporting the development of the agri-food sector means supporting production of secure and sustainable healthy local food as well as the many public goods it provides to us all.
Source : CFFO

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Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”

Video: Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”


After a week of a U.S./China trade truce, markets/trade is skeptical that we have not seen a signed agreement nor heard much from China or seen any details. There are rumors that China is buying soybean futures & not the physical. Trust in Trump?
12 MMT of U.S. soybean purchases by China by year-end is better than 0 but we all need to give it more time and give it a chance to unfold. China did lower the tariffs on Ag and is buying U.S. wheat and sorghum.
U.S. supreme court could rule against Trumps tariffs, but the Trump administration does have a plan B.
U.S. government shutdown is now the longest in history at 38 days.
But despite a U.S. government shutdown we will be getting a USDA November crop report next Friday and it could be “game changing.” If the USDA provides a bullish surprise with lower U.S. corn and soybean yields and ending stocks that are lower than expected both corn and soybean futures will break out above their ceilings at $4.35/bu and $11.35/bu respectively.
The funds continued their selling in live and feeder cattle futures on continued fears that the Trump administration want to lower U.S. beef prices. The fundamentals have not changed, only market psychology has.
Stocks markets continue to worry about a weak U.S. job market, but you can blame ChatGPT for that. In the future, we will have a more efficient, productive and growing economy with a higher unemployment rate until we have more skilled AI workers.
After 34 new record highs in the S & P 500 and 124 new records in the NASDAQ in 2025 we are back to a correction and investor profit taking as AI valuations may have gotten too stretched near-term ahead of NVDA’s 3rd quarter earnings announcement on Nov. 19th. But this is not an AI bubble.
75% of Tesla shareholders approved a $1 trillion pay package for Elon Musk!
It has rained in South America in the last 7 days, but both the American and European models agree that Central Brazil remains dry in the next 14-days!