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Canada Farm Receipts Lower

Mike

Well-known member
FARM CASH RECEIPTS LOWEST IN A DECADE: Statistics Canada reported that first quarter farm cash receipts fell to their lowest quarterly level in a decade reflecting a substantial decline in revenue from crops and a marginal drop in livestock receipts. Market revenue from the sale of crops and livestock, fell to C$7.5 billion in the first quarter of 2006, down 3.4% from the same period last year. Crop producers continued to contend with low commodity prices as their revenue tumbled 8.0% to C$3.0 billion. This level was 11.3% below the 2001-2005 five-year average. Abundant world grain supplies and a strong Canadian dollar continue to depress prices. At the same time, livestock receipts edged down 0.1% to C$4.5 billion, with a decline in hog receipts offsetting gains in the cattle and calf sector. Program payments during the first quarter of 2006 fell to C$1.564 billion, down 2.6% from the 2005 record level of C$1.606 billion, despite strong Canadian Agricultural Income Stabilization (CAIS) payments and the introduction of the new national Grains and Oilseed Payment Program (GOPP) that was introduced on February 6, 2006 to provide direct assistance to producers of grains, oilseeds and special crops. More than half of the C$755 million GOPP fund, or C$400 million, was distributed to farmers by the end of the first quarter.
 

DiamondSCattleCo

Well-known member
Mike said:
despite strong Canadian Agricultural Income Stabilization (CAIS) payments

Yeah, nice payouts initially, and then they write you a letter 4 months later wanting it all back because they messed up the calculations. I often wonder where that money goes that gets payed back?

Rod
 

Sandhusker

Well-known member
DiamondSCattleCo said:
Mike said:
despite strong Canadian Agricultural Income Stabilization (CAIS) payments

Yeah, nice payouts initially, and then they write you a letter 4 months later wanting it all back because they messed up the calculations. I often wonder where that money goes that gets payed back?

Rod

Wonder if Cargill and Tyson had to give any back? :shock:
 

DiamondSCattleCo

Well-known member
Sandhusker said:
Wonder if Cargill and Tyson had to give any back? :shock:

That was a different program, and I still haven't been able to track down any information on how much was actually paid out, versus reported. I recall hearing about some kind of repayment scheme on that particular program as there were overpayments, but it may just be a fuzzy memory.

Either way, I get weary of seeing reports of record subsidy and support payments being 'handed out' and yet not seeing a bloody dime in my own pocket. BSE was the fault of the Canadian government and their inaction on closing feed ban loopholes after BSE hit the UK, so quite frankly, I think they should pony up the billions of dollars lost, to producers, to feedlots and even to the packers (after their windfall profits from BSE are deducted of course).

Rod
 

DaleK

Well-known member
Farmers will be present in Ottawa on Canada Day



June 23, 2006 - Farmers of Ontario and Quebec will show their presence during Canada Day celebrations on July 1st.



Farmers and consumers alike are still waiting for the much needed assistance to secure and maintain agriculture and home-grown food industry in Canada. The $1.5 billion announced in the federal budget has not been detailed, let alone delivered to an industry being maintained on a shoe-string.



While farmers planted crops and hoped that the promise of funds to come would materialized soon, consumers need to know that their efforts and support of farmers have not resulted in even a promise to see the budget announcement materialize before harvest.



Local farmers, simply calling themselves “Grassroot Farmers” have decided to be present for Canada Day celebrations on July 1st to let Canadians know that farm issues are far from being resolved and seek ongoing public support. Among issues, we’ll list the following:

· Grain and oilseeds farmers have not received the cash injection or the risk management program they need to grow food and feed their families.

· Dairy imports continue to worry farmers about the long-term viability of the supply management system that gives Canadians safe, quality, traceable dairy goods they deserve.

· Farmers producing beef and pork still face trade distortion brought on by foreign government subsidies.

· Horticulture is crippled by high input costs, including energy costs that are soaring for all Canadians.



Farmers from other parts of Ontario and Quebec will join local farmers to show they remain united. They will hand out 100% Canadian ice cream and promotional items such as “Farmers Feed Cities” tattoos to thank Canadians for their support and seek continued support to resolve the issues currently facing farmers.



Farmers will arrive in Ottawa on June 30, to visit 24, Sussex Drive, before parking tractors in the downtown core for daytime celebrations on July 1, 2006.




- 30 -



Information:


Jean-Marie Menard ,613-443-2646,[email protected]
Dwight Foster,613-880-7456 [email protected]
John Vanderspank 613-880-8480 [email protected]
 

Econ101

Well-known member
DaleK said:
Farmers will be present in Ottawa on Canada Day



June 23, 2006 - Farmers of Ontario and Quebec will show their presence during Canada Day celebrations on July 1st.



Farmers and consumers alike are still waiting for the much needed assistance to secure and maintain agriculture and home-grown food industry in Canada. The $1.5 billion announced in the federal budget has not been detailed, let alone delivered to an industry being maintained on a shoe-string.



While farmers planted crops and hoped that the promise of funds to come would materialized soon, consumers need to know that their efforts and support of farmers have not resulted in even a promise to see the budget announcement materialize before harvest.



Local farmers, simply calling themselves “Grassroot Farmers” have decided to be present for Canada Day celebrations on July 1st to let Canadians know that farm issues are far from being resolved and seek ongoing public support. Among issues, we’ll list the following:

· Grain and oilseeds farmers have not received the cash injection or the risk management program they need to grow food and feed their families.

· Dairy imports continue to worry farmers about the long-term viability of the supply management system that gives Canadians safe, quality, traceable dairy goods they deserve.

· Farmers producing beef and pork still face trade distortion brought on by foreign government subsidies.

· Horticulture is crippled by high input costs, including energy costs that are soaring for all Canadians.



Farmers from other parts of Ontario and Quebec will join local farmers to show they remain united. They will hand out 100% Canadian ice cream and promotional items such as “Farmers Feed Cities” tattoos to thank Canadians for their support and seek continued support to resolve the issues currently facing farmers.



Farmers will arrive in Ottawa on June 30, to visit 24, Sussex Drive, before parking tractors in the downtown core for daytime celebrations on July 1, 2006.




- 30 -



Information:


Jean-Marie Menard ,613-443-2646,[email protected]
Dwight Foster,613-880-7456 [email protected]
John Vanderspank 613-880-8480 [email protected]

Good luck, Dale.

Agribusiness has us by the tail.

Of course agribusiness lobbyists make the "Washington bubble" in D.C. while we produce for America and giant agribusiness.
 

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