Country 105

Country 105


Agriculture Report

Growing Costs on the Rise

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Prices farmers pay to grow their products is up 2.6 per cent


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The prices farmers pay to grow their products went up 2.6 per cent in the first three months of this year.

Stats Canada reports a 5 and a half per cent increase in the costs of crop production made up the biggest increase from the fourth quarter of 2011.

Nationally, farm input prices went up 6.1 per cent from the first quarter of 2011 to the first quarter of this year.

The big gainers in that one year period were crop production at 8.8 per cent and animal production at 8.5 per cent.

In Ontario, the quarter to quarter increase was 2.2 per cent.

And the year to year increase in farm input costs in Ontario was 5.6 per cent.

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American fertilizer giant C-F Industries says it has signed a deal with Glencore International to buy a minority interest in Canadian Fertilizers.

C-F owns the largest nitrogen fertilizer complex in Canada, located in Alberta.

Glencore had earlier planned to sell the stake to fertilizer producer Agrium.

The deal is worth 915 million dollars in cash.

C-F Industries says its acquisition is conditional upon Glencore's completion of its Viterra takeover -- which still needs some regulatory approvals.

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The new Vice President of crop production with the Canola Council of Canada is excited about the potential he sees in the canola industry.

Doctor Curtis Rempel says with canola acres increasing over the last few years -- he says he understands sustainability is a major issue.

The Manitoba native says the one key thing is still yield per acre -- that's seed yield, oil per acre and protein per acre -- whatever the end-user is looking for.

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The American Society for Horticultural Science has honoured the Canadian-developed "Sweetheart'' cherry with its Outstanding Fruit Cultivar Award.

The Sweetheart cherry originated from a cross between "Van'' and "Newstar'' cultivars made in 1975 at Agriculture and Agri-Food Canada's research centre.

Officially released in 1994 -- the Sweetheart has been a parent in the breeding program for a number of new cherry varieties.

The award recognizes a modern fruit introduction having a significant impact on the fruit industry.

 


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