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Growing Forward 2 Programing Launched in Ontario

Growing Forward 2 Programing Launched in Ontario

By Amanda Brodhagen, Farms.com

Growing Forward 2 (GF2), an agricultural policy framework that operates in partnership with the federal and provincial government was officially launched April 1, but its programing portion for Ontario was only made available as of Wednesday, June 26.

GF2 project applications for funding are accessible for producers, processors and organizations. Organizations may apply immediately, while producers and processors will have to wait until fall to be qualified to submit an application.

“The new Growing Forward 2 programs will help Ontario’s agri-food industry continue to grow and innovate. By working together, we can make this strong industry even stronger,” said Kathleen Wynne, Ontario Premier and Minister of Agriculture and Food.

The federal and provincial governments’ joint investment amounts to $417-million for programming initiatives aimed at supporting innovation and market development opportunities. Producer risk management programs will continue under G2 policy framework.  

“Agriculture is a major contributor to a healthy economy in Ontario and across Canada. These Growing Forward 2 programs will ensure that Ontario farmers and food processors have the tools they need to remain competitive and innovative in new and existing markets,” said Gerry Ritz, Minister of Agriculture and Agri-Food Canada.
 


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Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”

Video: Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”


After a week of a U.S./China trade truce, markets/trade is skeptical that we have not seen a signed agreement nor heard much from China or seen any details. There are rumors that China is buying soybean futures & not the physical. Trust in Trump?
12 MMT of U.S. soybean purchases by China by year-end is better than 0 but we all need to give it more time and give it a chance to unfold. China did lower the tariffs on Ag and is buying U.S. wheat and sorghum.
U.S. supreme court could rule against Trumps tariffs, but the Trump administration does have a plan B.
U.S. government shutdown is now the longest in history at 38 days.
But despite a U.S. government shutdown we will be getting a USDA November crop report next Friday and it could be “game changing.” If the USDA provides a bullish surprise with lower U.S. corn and soybean yields and ending stocks that are lower than expected both corn and soybean futures will break out above their ceilings at $4.35/bu and $11.35/bu respectively.
The funds continued their selling in live and feeder cattle futures on continued fears that the Trump administration want to lower U.S. beef prices. The fundamentals have not changed, only market psychology has.
Stocks markets continue to worry about a weak U.S. job market, but you can blame ChatGPT for that. In the future, we will have a more efficient, productive and growing economy with a higher unemployment rate until we have more skilled AI workers.
After 34 new record highs in the S & P 500 and 124 new records in the NASDAQ in 2025 we are back to a correction and investor profit taking as AI valuations may have gotten too stretched near-term ahead of NVDA’s 3rd quarter earnings announcement on Nov. 19th. But this is not an AI bubble.
75% of Tesla shareholders approved a $1 trillion pay package for Elon Musk!
It has rained in South America in the last 7 days, but both the American and European models agree that Central Brazil remains dry in the next 14-days!