Country 105

 

     
Country 105

Country 105


Agriculture Report

Social Responsibility for Ontario Pork

By Fadi Didi

Ontario Pork releases its Social Responsibility Report.


Length: 1:04

What is called the Social Responsibility Report has been released by Ontario Pork.  

Chairwoman Amy Cronin says it's the first livestock group in the province to commit to setting benchmarks to monitor the improvements of the sector over time.

She adds the report is a response to the growing expectations of consumers, retailers and policy makers in areas that measure economic, environmental, social and governance performance.

There are six dimensions in the report -- including Economic Performance, Farm Management and Environmental Stewardship.

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An economist with Farm Credit Canada continues to watch the prices on the markets for producers.

J-P Gervais suggests the loonie will provide Canadian producers with some support as some prices drop slightly.  

He forecasts beef feedlot profitability will improve in the second half of the year.

Cow-calf operations are expected to remain profitable this year, although not as profitable as last year.

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Agriculture Minister Lawrence MacAulay says new regulations that take effect this year simplify access to cash advances under the Advance Payments Program.

MacAulay says they also make the program more flexible for farmers.

New commodities now qualify for advances under the loan guarantee program, including specific classes of breeding cattle, hog, sheep, and goats intended for market.

Producers can also now use more types of security to obtain an advance such as private or other types of insurance.

 

 


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