By Manny Paiva
Some local exhibitors have won medals at Royal Winter Fair, while hot market for farmland cools off.
Farm Credit Canada reports the market for farmland is cooling off despite low interest rates.
Economist James Bryan says interest rates, commodity prices and profitability are all factors in land values.
Interest rates are not expected to change anytime soon as the Bank of Canada has downgraded its projections for the economy.
But Bryan says the decline in commodity prices will slow upward pressure on land values.
The Royal Winter Fair is now underway in Toronto.
It began on the weekend and continues until Sunday.
Some local exhibitors are already making an impact as Primeridge Pure of Markdale won first place in the flavoured fresh cheese category.
Godon's Goat Dairy at Wroxeter placed first in the Hard Cheese division.
Gay Lea Foods won the Grand Champion butter honours.
The Clydesdale horse show was held on the weekend -- and Marion Young of Hanover was first with a female born in 2013.
Kenna Nye of Hanover placed first in Junior Showmanship and Faith Fullerton of Paisley finished third in the Senior Showmanship class.
A European Union analysis of the trade agreement with Canada suggests the E-U is particularly pleased about realizing its goals in the area of geographic indicators.
Geographic indicators are products named for their origins -- such as Gorgonzola or Feta cheeses.
The internal document says Canada is not traditionally a friend of geographic indicators.
But it says Canada has accepted that all types of food products will be protected at a comparable level to that offered by E-U law and that additional indicators can be added in the future.