Analysts have forecast that China’s pork output could drop by 30 per cent in 2019 compared to last year.

Decline in China hog production boosts global pork trade

The world’s largest meatpacker says its profits will be higher

Reuters – JBS SA, the world’s largest meatpacker, is poised to reap the benefits from additional demand after an outbreak of African swine fever in China reduced pork output. In the first four months of the year, its Australian unit’s beef sales to China soared by 80 per cent, JBS executives said earlier in May during a conference […] Read more

There are lots of ruts in fields and little planting in Ontario due to almost double the normal rainfall in the past month.

Corn markets seeing potential risk premiums with market uncertainty

Excess precipitation limits corn and soybean seeding in key areas of North America

The Ontario cropping region has received 150 per cent of normal precipitation over the past 30 days. Certain pockets like the region from Toronto to Ottawa has received greater than 200 per cent of normal precipitation. About 15 per cent of the Ontario corn and soybeans have been planted as of May 21. The United […] Read more

Brazil is the world’s largest exporter of soybeans.

Brazil grain growers launch hotline to report Bayer’s market practices

Concerns remain in the aftermath of Bayer’s purchase of rival Monsanto

Sao Paulo | Reuters – A Brazilian grain growers association has launched a hotline to encourage farmers to report practices on the part of Germany’s Bayer SA that potentially could be anti-competitive, according to a statement sent to Reuters April 23. Aprosoja Brasil, which called the initiative “an awareness campaign,” aims to galvanize farmers to […] Read more

Farmer business confidence drops

National survey likely shows impact of trade challenges and government carbon policy

Farmers continue to be a pessimistic group, compared to other sectors of the economy. According to the April findings from the Canadian Federation of Independent Business (CFIB), confidence in the agriculture sector fell 4.4 index points to 44.6, just ahead of the natural resources sector, which had the least confidence at 43.3, an increase over […] Read more

Processing tomato exports over the past 10 years. Note that Heinz’s Leamington plant shut down in the middle of this time period. (Tomato juice, past and procuts (incl. ketchup). Source: OMAFRA International Trade Database Adapted from Statistics Canada, Economic Anaylsis Unit)

Processing tomato export numbers debated

Where are all the tomatoes going?

The processing tomato market was upended in 2013 when Heinz, the province’s largest processor left. The health of the sector since is being hotly debated. Hardeman recently tweeted a graph that showed a large decline in processing tomato exports from Ontario. In 2008, Ontario exported $75 million worth of processed tomato products (juice, paste and […] Read more

More squeeze coming for tomato growers

Provincial government wants open marketing considered for processing vegetables

Ontario’s processing vegetable growers are being hit by more re-organization and uncertainty from government regulators. The provincial government and the Ontario Farm Products Marketing Commission (OFPMC) is now pushing for open marketing at the Ontario Processing Vegetable Growers, especially for tomatoes, after already putting the sector through two years of changes. The OFPMC is the […] Read more

Maizex Seeds expands seed corn production

Maizex Seeds has announced it is purchasing the former Dow AgroSciences seed corn facility in Blenheim, Ont. The expansion will allow Maizex to double its seed corn processing capacity. “This expansion and investment in Canadian seed production is in large part thanks to the trust Canadian farmers have placed in Maizex Seeds, along with the […] Read more

Corn harvest in Argentina is underway and yields look better than expected.

Grain prices show decline with little reason to reverse direction

Corn, soybeans and wheat all have negative forecasts entering the growing season

Central Canada has received average to above-average precipitation over the past 30 days providing sufficient moisture for planting and early crop development. The macro situation for Ontario grain prices is somewhat bearish moving forward. Grain and oilseed futures continue to grind lower due to favourable harvest conditions in South America. Much of U.S. received above-normal […] Read more

The in-vehicle control panel for the GRIP system.

Ontario technology addresses $3 billion a year problem

Idle management system saves on fuel and maintenance costs

An Ancaster, Ont., company has invented a solution to a $3 billion a year problem in Canada. That’s the approximate value of how much fuel is wasted annually in this country due to engine idling. Idling also contributes to increased engine wear and higher maintenance costs, as well as higher greenhouse gas emissions. According to […] Read more

South Korea looked at how it could compete in Asia against much larger technology players like Japan and Asia and it decided that culture and music was an area it could do well.

Finding investors for agriculture technology

Agriculture hasn’t attracted the venture capital in Canada to help move local companies to global status, but that could be changing

There’s been a lack of investors willing to be patient with agriculture technology companies. Malcolm Campbell, vice president of research at the University of Guelph says that’s true especially around the early development stage. University of Guelph’s Gryphon’s LAAIR program helps researchers get to the start-up stage, but he says it could use 10 times […] Read more