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Farmit Manitoba

Gardening for a lower food bill

If there was ever a year to maximize garden yields, food price inflation suggests this is it

By
Although snow in the third week of April suggests otherwise, Manitoba is only weeks away from gardening season. And while the large farm garden is an institution in rural areas, the memory of soaring lettuce prices and food costs in general may have Manitobans everywhere looking for a little extra from their growing space. Why
There is more at stake when your business, at least partially, is about selling food, a necessity of life.
Comment, Op/Ed

Comment: Read the room

Galen Weston raise falls flat in time of austerity at grocery till

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Canadians often hold their breath as they approach their grocery store cash register these days, but it appears our grocers’ C-suite chains are just getting richer. Galen Weston, president and CEO of Loblaws, will get a hefty raise this year, $11.7 million in salaries and bonuses, up 52 per cent from 2022. Though these past
News

Britain’s Tesco cuts milk price

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Reuters – Britain’s biggest supermarket group, Tesco, has cut the price of milk for the first time since May 2020, a possible early sign that a surge in food inflation may abate in coming months. In March, grocery inflation in the U.K. rose to 17.5 per cent, according to market researcher Kantar. The price rise
Making Canada a more attractive place to invest would generate more competition in the grocery sector and increase consumer protection.
Comment, Op/Ed

Comment: Canadians want more grocery competition

Survey shows Canadians are keenly aware of what’s driving grocery prices higher

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Many surveys suggest that Canadians firmly believe grocery chains are profiteering from food inflation and unnecessarily pushing prices higher. Meanwhile, many experts believe some profiteering is a reality in parts of the industry, and not just in food retail. Food inflation is a worldwide phenomenon. Canada has the third-lowest food inflation rate within the G7+EU
Photo: Getty Images
Crops, Markets

Drought curtails Argentina’s latest ‘soy dollar’ scheme

Soy supply 'a very different situation' now

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Buenos Aires | Reuters — Farmers participating in Argentina’s “soy dollar” plan to boost exports have traded less than half of the soybeans they had traded at the same point during the previous plan, due to the impact of a drought, the Rosario grains exchange said on Friday. The Argentina government launched its latest “soy
The grocery rebate won’t do much for Canadians over time. This is what happens when you politicize food inflation.
Comment, Op/Ed

Comment: Grocery rebate a misguided budget perk

A better plan would be to task AAFC to develop a program similar to the U.S. SNAP program

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The recent federal budget had more leaks than the Titanic. There were so many leaks ahead of its release on March 28 that most of us already knew what was in it beforehand. Many years ago, ministers of finance would be asked to resign if the secrecy of the budget was breached. These are different
Data drawn from www.macrotrends.net shows peaks in the grain price index, and their corresponding valleys, since 1970.
Markets, News

What goes up…

Barring a sudden market shock, the grain market looks like it is losing steam

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Markets are an assembly of moving parts and, in this environment, inflation is a major component. If you can get the inflation versus deflation trade right, it will go a long way toward understanding how all markets could move. The commodity and consumer price inflation of the past few years started in 2020, with COVID-19
File photo of signage outside Maple Leaf Foods’ Lagimodiere Boulevard plant in Winnipeg. (Dave Bedard photo)
Livestock, Markets

Maple Leaf sees ‘inflection point’ beyond red ink of 2022

Packer books net losses in Q4, full-year

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Another of Canada’s major pork and poultry packers has reported significant net losses in its 2022 ledger, but sees “green shoots” suggesting a return to normal pork markets and stable supply chains this year. Maple Leaf Foods on Thursday reported a net loss of $311.89 million on $4.739 billion in gross sales for its fiscal
Today’s farms are bigger, more resourceful, and more efficient.
Comment, Op/Ed

Comment: Farmland prices continue to go up… and up

Farmland is getting expensive, and that’s not necessarily a bad thing

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We all know what’s happening to real estate these days. Everything got more expensive in a hurry, fueled by rock-bottom interest rates. But farming has also been impacted by lower interest rates and investors looking for safety and better yields. The increase in farmland value in Canada has been nothing short of spectacular. The value
Stephen Poloz, an economist and former governor of the Bank of Canada, speaks during CropConnect in Winnipeg on February 15.
News, Other

Forecasting future little use in turbulent era: Poloz

The convergence of five ‘tectonic’ economic forces likely to create more and bigger financial shocks than usual

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In upcoming turbulent times, forecasting the future will lose value, a former Bank of Canada governor told a CropConnect audience. Instead, preparing for multiple scenarios will be key for business risk management. Economists will be “wallowing around in an incredible amount of uncertainty,” said Stephen Poloz. Why it matters: Economic volatility will make forward planning

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AgCanadaTV: In case you missed it; your national ag news recap for Feb. 13, 2026

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