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
Farmers Balance Costs and Technology Investments - Tractor Sales Down Wednesday, March 11, 2026 Sales of agricultural tractors and combines in the United States and Canada delivered a mixed performance in February, highlighting how farmers are adapting their purchasing decisions amid shifting commodity markets, input costs, and economic conditions. While tractor sales softened... Read this article online
Sask. NDP wants tougher penalties related to foreign farmland ownership Wednesday, March 11, 2026 The Saskatchewan NDP wants foreign farmland owners who don’t obey the law to face stiffer penalties. Trent Wotherspoon, the party’s deputy shadow minister for agriculture and rural affairs, and the shadow minister of finance, introduced The Saskatchewan Farm Security (Foreign Farmland... Read this article online
Middle East conflict pushes fertilizer costs higher, forcing Ontario growers to rethink corn acres Wednesday, March 11, 2026 Ontario farmers are bracing for a turbulent spring as fertilizer and fuel prices surge in response to the escalating conflict involving Iran, a development that analysts say could reshape planting decisions across North America. The spike in nitrogen costs—the most critical and... Read this article online
Group calls on Health Canada to make labels mandatory for gene-edited pork Tuesday, March 10, 2026 An advocacy group of farmers and environmental organizations wants Health Canada to implement mandatory labelling on pork from gene-edited pigs. Earlier this year, the federal agency approved the sale of gene-edited pigs as food. The pigs are resistant to Porcine Reproductive and... Read this article online
Global Conflict Drives Major Surges in Commodity Markets Monday, March 9, 2026 A major international conflict the war in Iran has disrupted trade flows, pushing energy and grain prices sharply higher. On the weekly Ag Commodity Corner+ Podcast with Commodity Strategist Abhinesh Gopal shared the markets made sharp moves in the week of March 2 to 6, after a rapidly... Read this article online