Country 105

 

     
Country 105

Country 105


Agriculture Report

Farm Cash Receipts Lower

By Shannon Bradbury

Stats Canada reports receipts are down almost 10 per cent over this time last year.


Length: 1:06

Lower prices for major grains and oilseeds are being blamed for a drop in farm cash receipts in Canada.

Stats Canada reports receipts are down almost 10 per cent over this time last year.

Alberta saw the biggest drop since last year at 16.8 per cent.

Saskatchewan was next with a 15.3 per cent drop in farm cash receipts.

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Farmers in the U-S are getting their crops in the ground at a steady pace.

Corn planting is at 73 per cent -- which is 14 points better than last week -- and just 3 points behind the 5 year average.

About 33 per cent of soybeans are done, and 49 per cent of U-S spring wheat is in.

The U-S-D-A says pastures and ranges are 44 per cent good to excellent, and that's 3 points better than last week and 6 points higher than last year.  

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Manitoba's agriculture minister is trying to work out a solution for the recent work reduction at a Maple Leaf Foods plant in Brandon.

The plant is cutting its processing schedule by one work day each month for the next five months.

It's blaming a lack of market hogs for the decline.

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Demolition crews have torn down barns on an expropriated farm near C-F-B Trenton.

Protesters set up camp in January when demolition was initially set to start at Frank Meyers' farm, but none were there yesterday.

The 86 year old farmer was visibly upset as the barns and silos came down.

The land was expropriated by the federal government to expand the military base.  

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And higher food prices are driving up the cost of the ingredients for making a classic bacon cheeseburger.

The U-S Department of Agriculture estimates the price is up about 9 per cent from last year -- because of soaring beef and cheese prices.

And bacon prices are hitting near-record highs because of the deadly PED pig virus.

 

 


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