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CFFO Releases Report on Strengthening Communities in a Crisis

The Christian Farmers Federation of Ontario has released a new report, “Strengthening Community: Addressing the Human Side in a Crisis,” which explores major issues affecting Ontario farmers in light of the COVID-19 pandemic.

The report is based on a series of discussions with CFFO members across the province, examining the ways that the pandemic has affected them and their communities in four major areas: rural internet, farm labour issues, local food systems, and mental health.

Discussions were held as part of CFFO’s 2021 Policy Tour. Held annually, the CFFO Policy Tour is an opportunity for members to offer on-the-ground feedback on agricultural issues in order to inform CFFO’s policy and program direction. This year’s tour was hosted online over ten sessions in February and March.  

“One thing is clear from the discussions held this winter,” says CFFO President Ed Scharringa, who participated in every discussion. “The issues that existed before the pandemic have been heightened for many farmers, both as business owners and as community members. We heard stories about the difficulties many of our members faced, but we also heard about new opportunities and a strong hope for the future.”

The report offers a snapshot of the varied experiences and perspectives of members. Participants discussed the problem of unreliable internet access, the struggle to find skilled labour, the place of local food systems within an integrated global system and the many challenges affecting the health and wellbeing of farmers and their loved ones.

Based on member input, the report offers fourteen policy recommendations on a range of issues, such as improving national food security through inter-provincial trade, investing in automation while protecting the right to repair, and reducing barriers to mental health treatment in rural communities.

“The core concern we see from our members is a deep sense of community care,” says Suzanne Armstrong, CFFO Director of Policy and Research. “It will take determination and investment to support local food, farmers, farm workers, and rural communities. But ultimately, if we support farmers and their communities, everyone who relies on them for safe, healthy food will benefit.”

Source : CFFO

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Agricultural Market Update: Grain Prices, Crop Conditions, and Weather Impacts

Welcome back to our channel where we provide comprehensive updates on the latest trends and changes in the agricultural sector. This week, we're looking at significant movements in grain prices, crop conditions, and the effects of weather patterns. Let's dive into the details:

Grain Price Decline Grain prices have fallen to their lowest levels since 2020, with December corn down 4.3% and November soybeans losing 3.1%. This decline is partly due to the beneficial moisture brought by Hurricane Beryl to the Midwest, which has improved crop conditions significantly. The USDA reported that corn and soybean crops are in their best condition in four years, contributing to the downward pressure on prices.

Record Short Positions and Market Sentiment Fund traders have increased their net short positions in the corn market to a record level, with a net short of 347,000 contracts of corn. This reflects a bearish sentiment in the market, further influencing grain price dynamics. Similar selling trends were observed in soybeans and SRW wheat, indicating broad market caution.

Weather Impact and Forecast Hurricane Beryl has brought significant rainfall across Arkansas, Missouri, western Tennessee, western Kentucky, and southern Illinois, with more expected over Missouri, Illinois, and Indiana in the coming days. Despite this, the market is currently more focused on the moisture benefits rather than potential heat risks forecasted in the 6-10 and 8-14 day periods.

US Crop Conditions Corn and soybean conditions have shown slight improvements last week, with corn rated 68% good to excellent and soybeans at 68%. These are among the best ratings for this time of year since 2020, suggesting robust crop health that could continue to influence grain prices.

Winter Wheat Harvest and Spring Wheat Conditions The US winter wheat harvest is progressing well, ahead of schedule with significant portions already harvested in Kansas and Texas. Spring wheat conditions are also favorable, with 75% rated good to excellent, although there have been some declines in states like Idaho, South Dakota, and Washington. Brazil's Corn Harvest and US Exports Brazil's second corn crop harvest is advancing rapidly due to favorable hot and dry conditions, with 63% of the crop already harvested. Meanwhile, US corn shipments saw a substantial increase last week, indicating strong export demand, which contrasts with the recent drop in domestic grain prices.

Ongoing Developments Lastly, the USDA reported a flash sale of corn, with significant quantities sold to unknown destinations, scheduled for delivery over the next two marketing years. This could signal ongoing international demand for US corn despite lower prices.

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