37th annual Ontario Pork Congress underway in Stratford.
Pork Producers from across Ontario in Stratford this week for the 37th annual Ontario Pork Congress.
Ray Black is the president of the Congress.
He says the pork industry has gone through some rough times over the past few years, but higher prices lately have helped many producers stay in business.
Black says the annual Pork Congress is a place where the producers can gather and celebrate their success despite the cyclical nature of the marketplace.
The 2010 Ontario Pork Congress is taking place today and tomorrow in Stratford, where that community has declared this week Pork Week.
Agriculture experts say rising interest rates could be the single most troublesome factor for Canadian farmers over the next few years.
Professor George Brinkman at the University of Guelph says aggregate debt in Canadian agriculture has tripled in the last three decades.
And he says incomes, with the exception of 2008, have been going down.
Brinkman says Canada could see a situation similar to the U-S sub-prime mortgage meltdown because many farmers may not be able to cope with rising interest rates.
Canada and Mexico are to make their written arguments this week against U-S country of origin labelling rules.
A World Trade Organization panel of trade experts from Switzerland, Pakistan and Portugal will review the material.
The United States will then have until August 4th to respond.
Canada and Mexico are both arguing that COOL requirements are making it more expensive to export beef to the U-S market.
Another Prairie farm group is calling on Ottawa and the provinces to move more quickly to help farmers who have been hit hard by heavy rains.
Ian Wishart of Keystone Agricultural Producers says enhancements to the Unseeded Acreage Program and adjustments to cash advance requirements are needed.
Meanwhile Agriculture Minister Gerry Ritz says he is monitoring how rain is affecting producers.
He says the federal government is working with the provinces to come up with a plan to help farmers, but there is now word on when Ottawa will take action.