Genesus Global Market Report Canada August 2022

83

Spencer Long, Administrator, Genesus Inc.

Canada’s Prime Minister Justin Trudeau and his Liberal party it is being reported are planning on cutting back fertilizer use by farmers in Canada dramatically. The proposal is to reduce fertilizer emissions by 30% by 2030. This proposal isn’t surprising coming from the same Prime Minister who loves to play dress-up and has a major in literature, he has no idea what he’s doing and Canadians and the whole world know it. If this plan is implemented it will cost Canadian farmers billions upon billions of dollars, reduce crop yields and make food more expensive for the end consumer, talk about a brilliant proposal. The cost of fertilizer is already on the minds of farmers as it’s far from a cheap commodity, the fact this Prime Minister thinks farmers are using it excessively is so out of touch with reality. Canada is the fifth-largest exporter of food in the world, what happens here really matters elsewhere. In a world where so many people go hungry due to food insecurity and a fast-growing world population puts increased pressure on food production, this proposal that will reduce output in a country that helps feed the world is criminal. This proposal is a quintessential Liberal ideology that shows why they are bureaucrats and nothing else, they only pretend to care about the well-being of people when the cameras are on. God willing, the Prime Minister and his Liberal party come to their senses and reverse this proposal for the betterment of Canadian farmers, consumers, and the whole world.

After a slow start due to planting delays, the Canadian Prairies crop outlook is doing better. The wheat regions of Saskatchewan and Alberta that had experienced drought last summer received heavy rain through late June and early July. The crop is looking good in a lot of areas but more rain will be needed in order to ensure its development is good. Alberta is doing better in regard to the condition than Saskatchewan at the moment. Spring wheat in Manitoba is mostly rated as “good to excellent” right now which is very positive. Agriculture and Agri-Food Canada anticipates that wheat exports will return to normal levels through 2022 which is great news for the world market and Canadian producers. Ontario has had an unseasonably dry summer and is putting pressure on corn. The rain has been very hit or miss for many producers and more will be needed to ensure the crop can be okay. Overall Canada’s total crop outlook is favorable right now.

Health Canada backed down and will exempt ground pork from nutritional warning labels that would have been added to the packaging. The plan was to add a warning label to products that contain more than 15% of your daily sugar, salt, or saturated fats be labeled. The initial plan to add a warning label was met with fierce opposition and had been negotiated for six years leading up to the announcement. The reality is that once ground pork is cooked, saturated fats fall below the threshold of a warning label and thus the need for a warning label is pointless. Ground pork is an extremely safe product and should be viewed as such. This is a good move on the part of Health Canada to not separate and distinguish different pork products, segregating products they view as “good” and “bad” which would have been awful for our industry and consumers alike.

Sources:

https://calgary.ctvnews.ca/farmers-blast-feds-for-uninformed-fertilizer-emissions-proposal-1.6006701

https://www.gov.mb.ca/agriculture/crops/seasonal-reports/crop-report-archive/pubs/crop-report-2022-08-02.pdf

https://www.graincentral.com/markets/rain-needed-to-cement-huge-rebound-for-canadian-grain/

https://nationalpost.com/opinion/np-view-trudeau-ploughs-ahead-with-fertilizer-cut-while-turning-a-blind-eye-to-human-suffering

https://nationalpost.com/news/health-canada-backs-down-from-nutrition-warning-labels-for-ground-meat-after-criticism

https://winnipeg.ctvnews.ca/farmers-worried-emission-targets-could-impact-crop-yields-if-fertilizer-use-is-reduced-1.6006895

https://www.world-grain.com/articles/17241-rain-gives-canadian-wheat-a-boost