Loading…
Federal, provincial and territorial agriculture ministers reached an agreement in principle at their Saskatoon annual meeting on a new five-year Sustainable Canadian Agricultural Partnership. It adds $500 million in cost-shared funding, a 25% increase, and raises the AgriStability compensation rate from 70% to 80%.
The deal also creates a $250 million Resilient Agricultural Landscape Program.
Larger risk-management support may keep Canadian farms in production, but the policy has little direct effect on global feed or commodity prices.
canada.caAgriculture, Agri-Food CanadaJul 22, 2022After 122 past policy events, Lean Hogs moved a median -0.2% over 5 sessions (46% higher; middle half -2.1% to +1.6%), and -0.3% over 20.
Not enough comparable past events yet for a historical read.
After 734 past policy events, Soybean Meal moved a median -0.2% over 5 sessions (46% higher; middle half -1.9% to +1.6%), and -0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
