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Tag Archives risk management — page 2

(Dave Bedard photo)
Crops, Markets

Bunge moves from regional to global operating model

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Chicago | Reuters — U.S. agricultural commodities trader Bunge on Wednesday overhauled its global operations and named a new chief financial officer in the latest shake-up for the 200-year-old company hard hit by a years-long grain market downturn. The moves come as Bunge reported a stronger-than-expected first-quarter profit due to higher soy crush margins in […] Read more
(Video screengrab from BankofCanada.ca)
Markets

Consider hedging against rate hikes, farmers advised

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CNS Canada — The Bank of Canada has raised its benchmark interest rate to 1.5 per cent, marking the fourth time it has raised rates since last summer. The increase from 1.25 per cent is the base rate retail banks pay for short-term loans, but consumer rates for mortgages, lines of credit and other loans […] Read more
Trade lawyer Peter Clark has studied the level of subsidies available to U.S. dairy farmers. (John Greig photo)
Livestock

Report pegs U.S. dairy support levels

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U.S. dairy farmers continue to benefit from broad agriculture supports, a study shows. Dairy Farmers of Canada has had Grey, Clark, Shih and Associates regularly study the effect of U.S. government policy on dairy farms in that country. The latest version of the project was released at the Dairy Farmers of Canada policy conference held […] Read more
(Photo courtesy Canada Beef Inc.)

Outside panel named for farm risk management review

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A panel of 11 “external” experts from across the country has been picked to offer guidance and feedback on a federal/provincial review of farm business risk management (BRM) programming. The panel’s appointment follows an agreement by federal, provincial and territorial agriculture ministers back in July to launch a review of BRM programs, assessing those programs’ […] Read more
Ontario Agriculture Minister Jeff Leal (Photo courtesy OMAFRA)
Crops

Ontario’s RMP stays unchanged for 2018

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Ontario’s agriculture ministry won’t be making any changes to its Risk Management Program (RMP) for the 2018 program year. Agriculture Minister Jeff Leal, in a recent letter to Grain Farmers of Ontario (GFO) chair Mark Brock, said he has decided not to proceed with interim changes to RMP for 2018, pending a review of federal/provincial […] Read more
Federal Agriculture Minister Lawrence MacAulay and his Saskatchewan counterpart Lyle Stewart signed onto a general agreement for a five-year federal/provincial funding framework on July 21. (Saskatchewan.ca)

Ministers agree on new ag funding framework

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Canada’s federal, provincial and territorial ministers for agriculture have agreed on the bones of a new five-year policy funding framework, committing them to a review of its business risk management (BRM) programming. The ministers came out of three days of meetings Friday in St. John’s with the “key elements” of a five-year, $3 billion framework, […] Read more
Premier Stephen Harper and Manitoba Premier Greg Selinger examine flooded areas around Brandon in July 2014. (PMO photo by Jill Thompson)

Manitoba seeks more climate-responsive risk management

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A Manitoba provincial task force has been set up to seek ways in which farm risk management programs could be “more comprehensive and sustainable” in handling “climate-related challenges” such as floods. “Manitoba’s farmers have told us existing agricultural programs can’t adequately address these climate-related challenges, especially as they become more common,” Agriculture Minister Ron Kostyshyn […] Read more

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