Country 105

 

     

 there are SCHOOL BUS CANCELLATIONS this morning   Bus Reports  

Country 105

Country 105


Agriculture Report

MP Pushes Canadian in China

By

Larry Miller talks trade in China, Farmland values rise.


Length:

New numbers from Farm Credit Canada show a consistent rise in farmland value.

The semi-annual Farmland Values Report reveals farm property value has grown an average of 1 per cent each month since January of 2008.

The stats also show a 2.9 per cent jump during the first six months of 2009.

Farmland values in Manitoba increased the most this year -- rising 5 and a half per cent.

The FCC says weather, commodity prices and the variable demand for food and bio-fuels are the main factors that determine the value of Canadian farm land.

------

Bruce County beef and pork were on the menu for local Conservative MP Larry Miller on his trip to China.

The Bruce Grey Owen Sound MP says he talked with Chinese officials about the importance to access their market.

Miller says the growth in Chinese represents a huge opportunity for Canadian farm products.

In Miller's report as Chair of the Commons Agriculture and Agri Food Committee -- he noted Chinese officials were having trouble getting enough Canadian meat.

------

The origin of Genetically Modified flax crops discovered in Europe from a Canadian shipment is still unknown.

Researchers are trying to determine where the G-M flax was grown and how it got into the shipment.

Flax Canada spokesperson Less Rankin says there are many ways the shipment could have become contaminated and finding out may take some time.

Flax prices have fallen 40 per cent over the last month.

------

The struggling livestock sector seems to be having a negative impact on wheat prices.

The Canadian Wheat Board says the drop in values can be partly attributed to the livestock sectors weakening demand in feed grain -- as well as a global oversupply of wheat.

The board estimates grain values have dropped as much as 13 dollars depending on the grade and protein level.

 


Bayshore Broadcasting Corporation
© 2018 Bayshore Broadcasting Corporation

Web Site by Websmart Inc