Loonie

Canadian farmers are cashing in on the highest vegetable prices in years, helped by the country’s weak currency and soaring costs of U.S. imports that have made them unexpected winners in a bearish commodity world. In the era of $10 cauliflower, food price inflation has been driving Canadians into the frozen food aisles, according to the CEO of grocery chain Metro Inc. Continue reading. Soft wheat and canola prices may diminish Canadian farm incomes by 9 per cent this year. But it is the best of times for carrot and beet growers, part of a niche industry best-known for stocking farmers’ markets. “Per acre, there’s nothing quite like it right now,” said Sam Hofer, who grows carrots at Dinsmore, Saskatchewan. “You can make good pocket money off 50 acres (20 hectares) of land.” At Emile Marquette’s farm near Perigord, Saskatchewan, his 20 acres of beets may bring 10 times more net profit per acre than canola. That is due to beets’ higher output per acre as well as sky-rocketi...