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The latest Canada’s Food Price Report predicted overall food prices would rise five to seven per cent in 2022, the highest predicted rise in the 12-year history of the report.
News

Processors, retailers to blame for food prices, not farmers, says NFU

NFU interpretation of price data, call for reduced consolidation is misguided, say analysts

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Food processors and retailers have pushed food prices upward even as prices paid to farmers have been largely stagnant, the National Farmers Union said in a statement late last year, which attributed rising food costs to rising corporate power. “Consumers need to know that less and less of the money they spend on food actually
Seeding in southwestern Manitoba in the spring of 2021. (Manitoba Co-operator file photo by Alexis Stockford)
Weather

Last year was world’s sixth-warmest on record, U.S. scientists say

Heat content of oceans at record level, NOAA says

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Reuters — Last year ranked as the sixth-warmest year on record, causing extreme weather events around the world and adding to evidence supporting the globe’s long-term warming, according to an analysis on Thursday by two U.S. government agencies. The data compiled by the U.S. National Oceanic and Atmospheric Administration (NOAA) and NASA also revealed that
U.S. grain firm Scoular is expanding its reach in the flax market with a new processing plant just outside Regina. (Scoular.com)
Crops

Scoular fires up flax processing near Regina

Plant to process flax for food- and feed-grade markets

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U.S. grain handler Scoular’s Canadian arm has opened a new flax processing operation at its site just southeast of Regina, into what it describes as a record-strong flax market. Scoular Canada on Wednesday announced the opening of its “high-speed” flax line at Richardson, Sask., where it already processes and cleans lentils, peas and canary seed.
File photo of an Ontario cherry orchard. (UpdogDesigns/iStock/Getty Images)
Crops

Ontario to extend labour-related crop loss coverage

Losses due to COVID-19-related labour disruptions covered

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A temporary crop insurance expansion that covers Ontario farms against crop losses due to “on-farm labour disruptions” caused by COVID-19 will be held over for yet another year. Agricorp, the province’s farm program delivery agency, announced in late December the feature first introduced in 2020 will be included again in 2022, at the same coverage
File photo of wheat plants in Afghanistan. (PK Ahmad/iStock/Getty Images)
Crops

Taliban increase payment in wheat as economic crisis deepens

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Kabul | Reuters — Afghanistan’s Taliban administration said on Tuesday it was expanding its ‘food for work’ program, in which it uses donated wheat to pay thousands of public sector employees instead of cash as a financial crisis intensifies. Wheat, largely donated by India to the previous U.S.-backed Kabul government, is being used to pay
Indian pork curry with naan bread. (Paul_Brighton/iStock/Getty Images)
Hogs, Livestock

India to allow imports of U.S. pork and products

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Washington | Reuters — India has agreed to allow imports of U.S. pork and pork products into India, removing a longstanding barrier to U.S. agricultural trade, U.S. Trade Representative Katherine Tai and Agriculture Secretary Tom Vilsack said on Monday. “India’s agreement to allow U.S. pork imports for the first time is great news for U.S.
Bulalo, a Filipino soup dish made with boiled bone-in beef shank. (Jun Pinzon/iStock/Getty Images)
Beef cattle, Livestock, Markets

China, Philippines suspend beef imports from Canada on BSE case

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Winnipeg | Reuters –– China and the Philippines have suspended imports of Canadian beef due to Canada’s detection in December of a cow infected with bovine spongiform encephalopathy (BSE), a spokesperson for Canada’s agriculture department said on Monday. The moves follow an import suspension by South Korea last month, after Canada reported its first BSE
News

General Mills misses quarterly profit estimates

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General Mills Inc. missed Wall Street estimates for quarterly profit Dec. 21, as the Cheerios cereal maker grappled with soaring prices of raw materials and higher costs of freight and labour. Shares of the Minneapolis, Minnesota-based company were down about four per cent in pre-market trade. Prolonged supply chain disruptions and a shortage of truck

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