Country 105

Country 105


Agriculture Report

Planning for Grey Bruce Farmers Week

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Plans set for 43rd Annual Farmers Week.


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The 43rd annual Grey Bruce Farmers Week is set for January 6th to the 11th at the Elmwood Community Centre.

The 6 day event features different commodities and continues its mandate to educate local farmers and agribusiness.

The first day will be Beef Day.

Other days will highlight the dairy industry, goats, sheep, horses and crops.

There are also dozens of speakers scheduled.

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The Canadian Wheat Board says global wheat production forecasts have increased and overall market fundamentals remain weak.

Ocean freight stayed relatively flat over the past few weeks after significant increases in recent months.

World currencies are up and down.. continuing to impact grain prices.

The International Grains Council has pushed its global wheat production forecast higher by one million tonnes to 668 million.

Stats Canada has increased the western Canadian wheat production forecast by two million tonnes to 26 million.

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Manitoba hog producers could be making a profit by next summer.

Manitoba Pork Marketing says future prices have been going up

Officials say there are opportunities for producers to lock in profitable prices for the summer months.

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Prairie farmers are being encouraged to keep malt barley in their rotation.

Officials with Bari-Canada -- a division of Anheuser-Busch -- say their company likes the Canadian product.

The company uses about 450-thousand tonnes of Canadian barley each year.

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Since the November price outlook -- the Canadian Wheat Board says the price spread between exporting origins has narrowed.

The feed barley price is stronger out of the Black Sea and lower in Europe and Canada.

In December -- Stats Canada increased its western Canadian barley production estimate from 8 and half million tonnes to 8.9 million.

In the U-S, the corn harvest has progressed 24 per cent from last month to 92 per cent complete and is 2 million tonnes less than last year.

Global barley production also is lower than last year.

 


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