Accelerating the pace of innovation in B.C.’s agriculture sector

Feb 05, 2019

Victoria, British Columbia – Agriculture and Agri-Food Canada - A Delta-based fresh vegetable provider and a family-owned orchard in Vernon are leading two of 15 projects receiving more than $2.9 million to take innovative B.C. agriculture projects to the next step.

BCfresh is receiving over $99,000 to adapt a tool to reduce the bruising of table beets during harvest and handling. The project is underway on six farms using Produce QC, an adaptation of Spudsmart technology. The table beet samples have been collected and are being monitored for quality issues during the storage period. If successful, the technology will help the sector become more competitive by eliminating hundreds of thousands of dollars in spoilage-related losses.

Davison Orchards has been an agriculture fixture in the Okanagan for more than 85 years. The Davison family grows five types of tree fruits, with more than 20 varieties of apples on 120 acres of land. They have received $128,000 for a project that is doing a side-by-side comparison of the effectiveness of hail netting to protect crops. The project will demonstrate the value of hail netting in reducing crop losses from sun scald and hail.

The funding is provided through the Canadian Agricultural Partnership, a federal-provincial-territorial investment that includes $2 billion in cost-shared strategic initiatives delivered by the provinces and territories, and $1 billion for federal programs and services through March 2023.

Source : Government Of Canada

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!

Feds invest in U of G genomics projects

Engaging in mental health conversations