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Archive for the ‘Economics’ Category

The November Swine Budgets and budgets for the entire year are available on the OMAFRA swine website 2015 Swine Budgets.

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JANUARY 19-21, 2016 IN GUELPH, ON

In today’s increasingly competitive marketplace, downstream flexibility can be achieved in part by predicting and managing upstream risk. This comprehensive, three-day course focuses on practical application and is essential for any farmer or agri-business leader whose production (outputs) or raw materials (inputs) are commodity based.

In summary, you will learn:

 How to set up an account and trade Futures and Options

  • Hedging for Futures & Options, using realistic examples
  • How to understand the technical analysis and information inside charts to improve your timing
  • Practice applying your knowledge to current market case assignments
  • Learn everything you need to know to develop a strategy
  • The course includes up-to-date analysis and practice so that you may apply your new knowledge to current markets

For more information, visit: www.agrifoodtraining.com

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From Ontario Pork In the News – October 7, 2015

Ag Lenders 2015Yesterday (October 6th) approximately 60 representatives from Ontario’s agricultural lending institutions attended the annual Agricultural Lenders’ Conference which took place in Stratford, Ontario which was hosted by Ontario Pork and the Ontario Ministry of Agriculture, Food and Rural Affairs (OMAFRA). Amy Cronin, Chair of Ontario Pork opened the meeting by providing an update on Ontario Pork activities and initiatives. Guest speakers included Joseph Kerns from Iowa who delivered an engaging presentation on the U.S. pork industry and commodity markets and Maaike Campbell, a pork producer from Lambton county talked about the innovations and advances they have employed on farm and within their operation. Dean Gurney, Manager of Industry and Member Services at Ontario Pork talked about PED, traceability, CQA and unvented gas heaters. Several presentations/updates were delivered by the following representatives from OMAFRA:

  • Steve Duff, Ontario farm finances
  • Jaydee Smith, Ontario hog market update
  • Shannon McCarthy, export opportunities and challenges

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The Canadian livestock estimate has been released by Statistics Canada.

Canada exported 2.8 million hogs in the first half of 2015, up 17.8% from the same period in 2014. There was strong demand for hogs in the United States as slaughter was 7% higher in the first six months of 2015 compared with the same period in 2014. According to the most recent US data, hog inventories increased 9% from June 1, 2014.

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Hog Inventory Tables

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The Ontario hog market situation for the first six months of 2015 was summarized in the recent issue of Pork News and Views (click image to view).

PNV_August2015_4

Download or view this page (pdf): PNV_Aug2015 4

or the entire August issue, which includes the full OMAFRA Swine Budget for June (pdf): PNV_Aug2015

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What tools do you use for budgeting? The June Swine Budget is now available on the OMAFRA website.

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Hog Price Trend Report

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