Cocoa beans. (Photo 260535443 © Michele Ursi | Dreamstime.com)

By farmnewsNOW Staff

Ag Roundup

Agriculture Roundup for Monday March 25, 2024

Mar 25, 2024 | 11:02 AM

Statistics Canada will be releasing its January figures for gross domestic product later this week.
The agency’s preliminary estimate points to an increase of 0.4 per cent for the first month of 2024.
This follows essentially no change in the month of December.
The Canadian economy grew at an annualized rate of one per cent in the fourth quarter of last year thanks to a rise in exports.

—

The second annual Food, Fuel, Fertilizer Global Summit – an unparalleled international event that highlights Saskatchewan’s pivotal role in the global landscape will take place May 6 -7 in Regina. Premier Scott Moe will be the opening keynote speaker.

A promotional email from the Saskatchewan Chamber of Commerce said, “In the heart of Western Canada, our province boasts some of the most sustainable practices in producing the essentials the world depends on: food, fuel, and fertilizer. Don’t miss this opportunity to connect, learn, and shape the future of these vital industries together.”

—

seeding

Lack of moisture allows some Sask. farmers to begin seeding early

Apr 25, 2024

FCC Agrispirit fund

AgriSpirit fund supports rural communities

Apr 24, 2024

Province says tax credit fuels investments in bioprocessing industry

Apr 23, 2024

Chocolate is not immune from global food supply issues. Experts say the skyrocketing price of cocoa is just the latest example of increasingly common disruptions, often due to extreme weather or geopolitical unrest.

Farm Credit Canada’s senior economist Graeme Crosbie says bad weather and disease in West Africa are responsible for the significant spike in cocoa prices.

Inflation data from StatCan shows the price of confectionary items rose more than nine per cent between January 2023 and ’24, compared with overall inflation for food purchased from stores of 3.4 per cent.

—