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FNA announces MarketPower Assurance program

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Farmers selling to the feedlot down the road or to a noodle maker in Japan can now insure their sale against default through the new MarketPower Assurance program offered by the Farmers of North America (FNA) and its partners Atradius Credit Insurance, Export Development Canada, and Pangaea Global Risk Management. “It is literally the first
News

Farm labour organization hoping to carry on

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Supporters of a non-profit organization that helps farmers deal with labour issues say they hope to carry on despite an impending loss of federal funding. The six-year-old Canadian Agricultural Human Resource Council was told last summer that its funding will be terminated in March 2013. “The council has been working toward becoming a self-sustaining organization
Crops, News, Weather

Insured projects are covered for hail

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Everything was going fine for the Canadian Foodgrains Bank (CFGB) Share growing project near Morden, Manitoba in 2011. Then it hailed. “We had a beautiful crop of wheat,” recalls Ben Friesen, who helps organize the Share project for CFGB, a partnership of 15 churches and church agencies working to end global hunger. “Then the hail
Hogs, Livestock, News

Farm groups offer cautious support to Europe trade deal

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As a posse of Harper cabinet ministers and MPs fanned out across the country to round up support for a free trade deal with Europe (CETA), several farm groups offered carefully worded backing for more trans-Atlantic trade. However, as the details of the trade deal are still being negotiated, the groups carefully stuck to the
News

U.S. farmers buying lots of machinery

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U.S. farmers are buying equipment as agricultural finances strengthen, the Federal Reserve Bank of Kansas City said in its quarterly report on national farm lending. “Loans for farm machinery and equipment held at high levels with a sharp jump in the volume of intermediate-term loans,” the bank said in its survey, which included national statistics
Hogs, Opinion

Travel, trade and local markets

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It was no surprise to learn last week that our federal minister of agriculture has racked up $271,000 in travel expenses since March 2011, the most of anyone in the federal cabinet. But unlike some of his colleagues, whose expense accounts have raised eyebrows among Canadians and howls of protest from opposition critics, we expect
Cereals, News

Freight rate review needed

The Canadian Transportation Agency has approved a 9.5 per cent increase in the railway revenue cap for the coming crop year and that has the Western Canadian Wheat Growers Association calling for a review. “This represents a significant jump in freight rates,” said president Kevin Bender. “The government needs to review the components of the revenue cap
News

Supporting existing businesses a successful strategy for job creation

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Business development expert says supporting innovative local entrepreneurs 
is the best way to boost a community’s economic fortunes

Helping existing businesses grow, rather than chasing big companies or fostering startups, is the best way to boost a community’s economic fortunes and create jobs. That’s the core of an economic-development approach dubbed “economic gardening,” business-development expert Robin Phelps told participants at the recent Capturing Opportunities conference. “You need the startups, but what about these
News

Global food prices on the rise again

reuters / Global food prices are rising again, pushed higher by costlier oil, strong demand from Asia and bad weather in parts of Europe, South America and the United States, the World Bank said April 25. The latest World Bank food price index showed the cost of food rose eight per cent between December and

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