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Country 105


Agriculture Report

Changes To Risk Management

By Manny Paiva

Ontario drops requirement for farmers to enroll in AgriStability to take part in Risk Management Program.


Length: 1:11

Ontario is dropping the requirement that farmers enroll in AgriStability to take part in the Ontario Risk Management Program.

Agriculture Minister Jeff Leal says it's being done at the request of the Ontario Agricultural Sustainability Coalition.

The coalition has been working with the ministry to do a detailed review of the Risk Management Program, first created in 2011.

The coalition's review concluded the current program is far superior to any other alternatives in creating jobs, bankability and predictability.

But the same review showed the mandatory requirement to also enrol in the federal AgriStability program was doing more harm than good.

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Federal Agriculture Minister Gerry Ritz is keeping a close eye on grain movement this fall and winter.

The federal regulations on grain movement expired last week.

Ritz says he will be watching the rail movement of grain very close in case more federal involvement is needed this winter.

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The egg is on a roll -- it has never been more popular as a fast-food restaurant breakfast staple, and its appeal has broadened far beyond the day's first meal.

The U-S Department of Agriculture figures show that use has grown to 261 eggs per capita -- up four per cent from 2011.

The figure is expected to grow to nearly 266 eggs per capita next year.

Iowa is the leading egg supplier in the U-S -- and stats show the state produced a record 1.41 billion eggs in October, a four per cent increase from a year ago.

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Ag Growth International has completed a 90 million dollar round of financing.

It will help the Winnipeg-based agricultural equipment company pay for its acquisition of Vicwest's Westeel division.

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Ritchie Brothers Auctioneers says it's holding its biggest agricultural auction of the year today at its permanent site in Saskatoon.

The auction already features close to 18-hundred equipment items -- including more than 95 headers, 85 combines, 85 tractors and more.

Every item will be sold without minimum bids or reserve prices.

 

 


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