Country 105

Country 105


Agriculture Report

More Beef in Grocery Stores

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Ontario Cattle Feeders signs deal with Loblaws.


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The Ontario Cattle Feeders have signed a new partnership with Loblaw Companies.

It means we will notice more homegrown beef in stores.

Loblaws will sell Ontario beef in about 150 of its grocery stores -- through Zehrs Markets, Valu-Mart, Your Independent Grocer and the Bloor Street Market.

According to Ontario research -- 63 per cent of consumers said that support for farmers was a reason for buying Ontario produced or processed foods.

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Deere & Company reports its fiscal second quarter profit soared 65 per cent because of strong demand for its farm equipment -- especially in Canada, the U-S and Brazil.

The Illinois based company says its net income rose to 904.3 million dollars.

That's up from last year's 547 million.

Deere says its revenue grew 25 per cent to 8.9 billion dollars.

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Saskatchewan's lone Liberal M-P says the Canadian Wheat Board is -- quote -- "undoubtedly gone.''

Ralph Goodale's comment follows word that the Harper government will use its majority to end the board's monopoly on marketing wheat and barley.

Goodale says it appears the Canadian Grain Commission -- the agency which monitors proper weights, measures and grades -- is also in the crosshairs.

Agriculture Minister Gerry Ritz has said that legislation to change the wheat board's structure will likely be introduced this fall.

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Seeding has started in the eastern part of Manitoba, which has not been flooded.

Winter wheat and fall rye acres are rated as fair to good with drowned out acres in low-lying areas.

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Meanwhile -- farmers in most areas of Saskatchewan are benefiting from a drier than normal spring.

The area bordering the central part of the province has received less than 40 per cent of average of precipitation.

This has helped to reduce worries about excess soil moisture that were prevalent going into spring.

The southeast part of the province is the exception to the rule.

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Farm Credit Canada is gearing up to help Western farmers who may not be able to get onto waterlogged fields this spring.

President Greg Stewart says the agency has implemented a customer support strategy for producers who are facing flood delayed seeding.

The Canadian Wheat Board estimates that between 800 thousand and two million hectares of farmland will not be seeded this spring due to excessive moisture.

 

 


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