Farmer’s share of Canadian food and dairy dollars and tariff rates

From the Ag Information Network, I’m Bob Larson with your agribusiness update.

** Measuring snow and forecasting how much snow will be available for future water supply has grown in importance and the US Bureau of Reclamation will invest $ 2.5 million to improve its ability to assess the snowpack.

A project is examining better ways to measure snow in the San Joaquin River watershed. Further research will use satellite technology and artificial intelligence.

** Ten years ago, farmers received 17.6 ¢ of every dollar spent on food, but today their share is just over 14 ¢ while processors, retailers and others in the food chain take a larger share.

USDA economists tell www.agriculture.com that over the long term, the farmer’s share of the food dollar has averaged 16.4 ¢ with a marketing share of 83.6 ¢.

Agriculture Secretary Tom Vilsack says now is the time to transform our food system to create a fairer and more transparent system so that more of that dollar ends up in the pocket of the ‘farmer.

www.agriculture.com/news/business/farmers-share-of-food-dollar-is-shrinking

** 67 Dairy companies urge U.S. Trade Representative Katherine Tai to initiate dispute resolution with Canada over its dairy TRQs if ongoing consultations do not result in an immediate resolution.

Talks began in December, according to www.dairyherd.com, but officials say no apparent progress has been made.

They argue that Canada reserves the bulk of quota access to Canadian processors and does not provide fair or equitable procedures in the administration of TRQs.

www.dairyherd.com/news/business/dairy-report-us-dairy-companies-continue-push-agreement-canada?mkt



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