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Tag Archives risk management

Photo: File
Livestock

Ontario beef farmers get cashflow help

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Beef farmers in the province are receiving assistance from the provincial and federal governments to assist them with cashflow to help mitigate current market challenges. In a statement from the the Beef Farmers of Ontario (BFO). the following is available to Ontario beef farmers: “Our government is committed to strengthening the agriculture and food sector, […] Read more
(Geralyn Wichers photo)
Livestock, Markets

Bovine flu a reminder of risk management in markets 

While recent price drops have limited options, cow-calf producers can still lock in a profit, says market analyst 

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The fundamentals still look strong for cattle prices, despite recent hiccups in the futures market, says a market analyst, but for those buying stockers, a little risk management can go a long way.
(HLS.ca/virden)
Livestock, Markets

Flu outbreak sees buyers balk at beef futures

Cash prices fairly level; beef producers should look into risk management tools, analysts say

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Markets have seen cattle futures (mainly live and fed) decline in recent weeks as the highly pathogenic avian influenza (HPAI) strain made its way into dairy herds in six states to date. The good news, said a cattle auction leader and market expert, is that cash prices have remained more-or-less steady amid the chaos.
(Getty Images)
Markets

Ontario extends deadline to lock in RMP coverage

Final date to secure coverage moved to June 30

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Grain and oilseed growers and cattle, hog, sheep and veal producers in Ontario now get until June 30 this year to secure coverage under that province’s Risk Management Program (RMP). The province on May 29 announced the deadlines for grain and oilseed producers to submit their completed RMP applications and make any coverage changes — […] Read more
News

Economic impact and funding shortfall of RMP/SDRM programs

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The Ontario Agriculture Sustainability Coalition (OASC) released results of a new study examining the economic impact that Ontario’s Risk Management Program (RMP) and Self-Directed Risk Management Program (SDRM) have on Ontario farms, farm production and the broader Ontario economy.  Highlights of the study include:  Every dollar spent on RMP/SDRM leads to $2.01 – $3.60 return […] Read more
Risk plays a major role in the business of farming, such as what faces grain growers every spring when they put in a crop, but most are able to keep an optimistic attitude.
News

Opinion: Farmers could teach other Canadians about facing risk

Anybody who’s farming today has faced multiple crises and survived them

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Glacier FarmMedia – Hog farmers face high feedgrain prices, multiple animal disease threats, increasing restrictions on how they operate and a public that sometimes treats them with hostility. Grain farmers face high fertilizer prices, dry soils, higher machinery costs and rising interest rates. Yet both sets of farmers, at least the ones I interact with, […] Read more
(LIVINUS/iStock/Getty Images)

Foreign worker isolation support extended

Federal program extended alongside federal restrictions

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The federal program helping employers of temporary foreign workers (TFWs) cover the costs of isolating new workers for two weeks on their arrival in Canada has been extended through November. Agriculture Minister Marie-Claude Bibeau announced Monday that the Mandatory Isolation Support for Temporary Foreign Workers Program will now run to Nov. 30, as the government […] Read more
(Jevtic/iStock/Getty Images)
Markets

Report links business management, mental health of farmers

Farm women, young farmers report higher levels of stress, difficulties coping

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Ottawa — A new report from Farm Management Canada (FMC) calls for action after determining 75 per cent of Canadian farmers reported being moderately to highly stressed about unpredictable interference, workload pressure and financial pressures. But how a farmer plans his or her business — and associated risks — can help lower that statistic. The […] Read more
Marie-Claude Bibeau speaks at a Montreal convention on March 7, 2019. Photo: Allan Dawson/File

Bibeau remains federal agriculture minister in shuffle

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Updated, Nov. 21— Quebec MP Marie-Claude Bibeau retains her role as federal minister of agriculture and agri-food in Wednesday’s cabinet shake-up for the Liberals’ minority government. Bibeau will join her colleagues — including returning Transport Minister Marc Garneau and new Labour Minister Filomena Tassi, a Hamilton MP and former minister for seniors — in having […] Read more
(Dave Bedard photo)
Crops, Markets

U.S. CFTC awards nearly US$2.5 million to Cargill whistleblower

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Chicago | Reuters — The U.S. Commodity Futures Trading Commission has awarded about US$2.5 million to a whistleblower in a 2017 case against global grain trader Cargill over alleged violations in how it handled trades, the agency said Tuesday. The award, while significant in size, was reduced “because of the whistleblower’s delay in reporting” the […] Read more

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