Country 105

Country 105


Agriculture Report

Money for Cattle Processing

By

Cattle processing facilities can access more money.


Length:

More than 500 Ontario farmers will be meeting in London today.

The Grain Farmers of Ontario is holding its annual March conference.

It will be the first meeting since the recent merger of the Ontario Soybean Growers, the Corn Producers and the Wheat Producers Marketing Board.

The meeting coincides with the 2nd annual Biogas conference and exhibition that explores green energy and economy for the farm and food sectors.

The Bruce County 4-H Association is also set for its annual general meeting.

It will be held tomorrow night at the Sacred Heart high school cafeteria in Walkerton beginning with registration at 6:30 PM.

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Cattle processing facilities across Canada will be eligible to receive money for adapting to specific risk material removal requirements.

Federal Agriculture Minister Gerry Ritz says Ottawa has committed 75 million dollars for improvements in cattle processing plants.

Funding under the slaughter improvement program will be increased by 10 million dollars.

Another 25 million will be targeted at cattle processing plants that handle animals over 30 months of age.

And 40 million dollars will go toward the development of technology related to the removal and use of specified risk materials.

Ritz says the government chose to invest in innovation, rather than offer a per-head payment for specific risk material removal as requested by cattle producers.

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A market analyst with Canfax says the majority of western Canadian cattle producers continue to operate at below break-even levels.

Scott McKinnon explains only the really large producers are truly seeing positive margins.

He says if producers are only seeing a dollar or two per head, it's tough to survive with a small herd.

McKinnon notes producers are increasingly selling chunks of land in an effort to subsidize their cattle production.

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Viterra has been honoured by the Canadian Dealmakers.

The Regina based grain handler won the Global Expansion Deal of the Year award for its 1.6 billion dollar takeover of A-B-B Grain of Australia.

CEO Mayo Schmidt says the award marks his companies transformation from Canada's leading agri-business to a global food ingredients supplier.

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And grasshoppers could be a problem in parts of Manitoba this year.

One analyst says grasshopper egg laying conditions were generally poor last August -- however the extended fall was favourable for grasshopper survival.

And another jump in populations could happen if there is warm and dry weather through June and early July.


 


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