Uncollectible loans and unsustainable agriculture Sunday, April 3, 2011 The Nova Scotia government wrote off $16.2 million in bad loans from 2008. The loans included more than $1 million in uncollectible student loans, and smaller amounts for pharmacare premiums and unpaid fees. But by far the majority of the uncollectible loans had been made by the Nova Scotia agriculture department. "This unusually high amount is due to defaulted hog loan accounts under the Farm Loan Board," said a ministry of finance press release."For many years, hog farming in Nova Scotia was heavily subsidized by government," the release went on. "When government support was discontinued in 2007-08, many hog farmers were unable to sustain their business due to low pork prices and rising production costs."The Canadian Pork Council's public relations manager, Gary Stordy, says the Nova Scotia industry has collapsed. There are six pig farms left, compared to more than 80 four years ago.Many provinces offer loans to producers of various commodities, Stordy says. Another pork example is Big Sky Farms Inc. in Saskatchewan. The province now has a stake in the embattled company. BP Inconsistent reports on red meat The 'bacon bubble' that didn't burst
Rogers Sugar Secures Long-Term Labour Deal at Taber Refinery Until 2032 Monday, June 29, 2026 Rogers Sugar Inc. has announced a significant long-term labour agreement that strengthens stability across Canada’s sugar beet sector, with unionized workers at its Taber, Alberta refinery ratifying an extension of their collective agreement through March 2032. The agreement, reached... Read this article online
CFIA Food Fraud Crackdown Protects Canadian Farmers and Food Integrity Monday, June 29, 2026 The Canadian Food Inspection Agency (CFIA) has released its latest , revealing how enforcement actions that kept more than 150,000 kilograms of misrepresented food out of the marketplace are also playing a critical role in protecting Canada’s agriculture sector. While the report... Read this article online
Strong Demand and Heat Boost Grain Outlook Monday, June 29, 2026 On the weekly titled, “Weather + Acres + Chinese Demand = Fund Short Covering rally in Grains” for the week ending June 26, 2026, Farms.com Risk Management Chief Commodity Strategist Moe Agostino and Commodity Strategist Abhinesh Gopal agreed that grain markets may see a strong... Read this article online
- Derecho climatology (Gaustini/Bosart): a corridor through the northern Plains/upper Midwest carries a >65% annual chance of a derecho-strength MCS, driven by northwest flow on the ridge's periphery. We must watch this region over the next 60 days. More on this below... - Cold North Atlantic: Years with the current North Atlantic cold-tongue pattern favor western troughs + heat pushing into the Midwest. Caveat: rapid warming on the south side of the cold plume means the simple composite likely understates the evolving pattern. Plus the Gulf of Alaska has been warming which could negate these impacts. See this part of the video for a deeper dive. - Modeling caution: During Summer, global models like the ECMWF and GFS are at their weakest due to coarse resolution and their inability to res Monday, June 29, 2026 A dangerous early July heat wave is expected to test U.S. corn and soybean crops -- as if they have not already been tested enough -- as the growing season moves into a critical period for yield development. Nutrien agricultural meteorologist Eric Snodgrass says the next two weeks... Read this article online
July Heat Wave Puts Midwest Corn and Soybeans Under Pressure Monday, June 29, 2026 A dangerous early July heat wave is expected to test U.S. corn and soybean crops - as if they have not already been tested enough -- as the growing season moves into a critical period for yield development. Nutrien agricultural meteorologist Eric Snodgrass says the next two weeks will... Read this article online