2019 Election| Dairy Sector| Supply Management| Canada | September 2019paul young cpa, cga
The dairy sector is of major importance to both Quebec and Ontario.
This presentation will discuss many issues facing the dairy sector as part of re-shaping policies after the 2019 election
Summary:
Milk prices continue to rise
More and more consolidation is happening with dairy-related production
More and more dairy farmers are looking at innovation like methane ingestors
1. Cheese costs - https://www.globaltrademag.com/eu-dairy-market-forecast-cheese-prices-to-rise-sharply-butter-and-fluid-milk-to-keep-calm/
2. Milk Prices - https://canadiangrocer.com/canadian-milk-prices-rising-faster-inflation-report
3. Food - https://www.wsj.com/articles/high-food-prices-to-pressure-inflation-this-year-11645974001
4. Food security - https://www.intelligencer.ca/opinion/columnists/the-world-is-at-a-critical-juncture-states-the-un-world-food-security-report
5. Farm income - https://www.swiftcurrentonline.com/ag-news/aafc-forecasts-record-growth-for-overall-farm-income-in-2021
6. https://lethbridgenewsnow.com/2022/02/24/canadas-over-all-farm-income-forecast-to-see-record-growth-in-2021/
7. Dairy and tax - https://www.ictsd.org/why-canada-tax-us-diary-produce-so-much/
8. Methane digesters - https://www.npr.org/2022/02/10/1077235578/how-dairy-farmers-are-cashing-in-on-californias-push-for-cleaner-fuel
9. USA Dairy - https://inthesetimes.com/article/canada-trade-dispute-dairy-farm-crisis
10. Biogas - https://www.theguardian.com/environment/2022/feb/04/california-subsidies-biogas-dairy-cows-emissions-climate
11. Production - https://www.dairyreporter.com/Article/2022/02/15/agropur-sees-improved-profits-in-canada
2019 Election| Dairy Sector| Supply Management| Canada | September 2019paul young cpa, cga
The dairy sector is of major importance to both Quebec and Ontario.
This presentation will discuss many issues facing the dairy sector as part of re-shaping policies after the 2019 election
Summary:
Milk prices continue to rise
More and more consolidation is happening with dairy-related production
More and more dairy farmers are looking at innovation like methane ingestors
1. Cheese costs - https://www.globaltrademag.com/eu-dairy-market-forecast-cheese-prices-to-rise-sharply-butter-and-fluid-milk-to-keep-calm/
2. Milk Prices - https://canadiangrocer.com/canadian-milk-prices-rising-faster-inflation-report
3. Food - https://www.wsj.com/articles/high-food-prices-to-pressure-inflation-this-year-11645974001
4. Food security - https://www.intelligencer.ca/opinion/columnists/the-world-is-at-a-critical-juncture-states-the-un-world-food-security-report
5. Farm income - https://www.swiftcurrentonline.com/ag-news/aafc-forecasts-record-growth-for-overall-farm-income-in-2021
6. https://lethbridgenewsnow.com/2022/02/24/canadas-over-all-farm-income-forecast-to-see-record-growth-in-2021/
7. Dairy and tax - https://www.ictsd.org/why-canada-tax-us-diary-produce-so-much/
8. Methane digesters - https://www.npr.org/2022/02/10/1077235578/how-dairy-farmers-are-cashing-in-on-californias-push-for-cleaner-fuel
9. USA Dairy - https://inthesetimes.com/article/canada-trade-dispute-dairy-farm-crisis
10. Biogas - https://www.theguardian.com/environment/2022/feb/04/california-subsidies-biogas-dairy-cows-emissions-climate
11. Production - https://www.dairyreporter.com/Article/2022/02/15/agropur-sees-improved-profits-in-canada
This presentation looks at March 2017 Trade data for the United States including comments on NAFTA as well as trade data including surpluses and deficits.
Blog – Dairy Sector – Canada – Analysis and Commentary – January 2023
Sustainability and Dairy Farming - https://dairyfarmersofcanada.ca/en/dairy-in-canada/dairy-excellence/why-canadian-dairy-farmers-are-serious-about-sustainable-farming?gclid=CjwKCAjwoIqhBhAGEiwArXT7K5BvRYIde9Whsid-hJC-_sNRglZYu4yGNPuc5zbMD5AKA2y-6ECThhoCVBQQAvD_BwE
Milk and dairy prices continue to see wild swings - https://capitalcurrent.ca/dairy-farmers-viral-video-sparks-debate-over-milk-quotas-supply-management/
Food prices and 2023 Budget - https://www.elliotlakestandard.ca/opinion/columnists/agar-budget-needs-to-address-price-of-groceries/wcm/dfe84e00-4e1f-45f6-b192-7d817b3c06d3
Global dairy production - https://www.naturalproductsinsider.com/business-operations/ranking-top-20-global-dairy-companies
Dairy innovation - https://www.farms.com/news/dairy-farm-innovations-yield-big-environmental-benefits-191585.aspx
Summary
USA has filed 2nd trade complaint against Canada’s dairy sector
Baby formula issues plague the globe. Canada has its own supply issues with formula
Canada is working on a trade deal with the UK that will exclude Canadian cheese
High energy, fuel, and feed costs are hampering dairy farms across Canada
This presentation looks at March 2017 Trade data for the United States including comments on NAFTA as well as trade data including surpluses and deficits.
Blog – Dairy Sector – Canada – Analysis and Commentary – January 2023
Sustainability and Dairy Farming - https://dairyfarmersofcanada.ca/en/dairy-in-canada/dairy-excellence/why-canadian-dairy-farmers-are-serious-about-sustainable-farming?gclid=CjwKCAjwoIqhBhAGEiwArXT7K5BvRYIde9Whsid-hJC-_sNRglZYu4yGNPuc5zbMD5AKA2y-6ECThhoCVBQQAvD_BwE
Milk and dairy prices continue to see wild swings - https://capitalcurrent.ca/dairy-farmers-viral-video-sparks-debate-over-milk-quotas-supply-management/
Food prices and 2023 Budget - https://www.elliotlakestandard.ca/opinion/columnists/agar-budget-needs-to-address-price-of-groceries/wcm/dfe84e00-4e1f-45f6-b192-7d817b3c06d3
Global dairy production - https://www.naturalproductsinsider.com/business-operations/ranking-top-20-global-dairy-companies
Dairy innovation - https://www.farms.com/news/dairy-farm-innovations-yield-big-environmental-benefits-191585.aspx
Summary
USA has filed 2nd trade complaint against Canada’s dairy sector
Baby formula issues plague the globe. Canada has its own supply issues with formula
Canada is working on a trade deal with the UK that will exclude Canadian cheese
High energy, fuel, and feed costs are hampering dairy farms across Canada
Summary:
Since September 2018 the cost of milk has risen higher than the targeted inflation of 2.1%. Pre-2019 milk prices were very stable.
Milk Production is marginally up from Jul/22 vs Oct/15.
Plant-base foods continue to grab a footprint in terms of food products.
Farmers have complained to all levels of government about the possible policy changes related to sales of farms, input costs, use of fertilizers. The federal government has not been transparent on how their net-zero policies will be implement with the agricultural sector.
Canada global ranking in 2021 for food security has dropped to 21st from 19th in 2019 - https://www.macleans.ca/food-insecurity/canadian-food-insecurity-by-the-numbers/
Canada dairy sector is very important sector in Canada, especially in Quebec. The dairy sector is facing many challenges including high input costs, reducing methane emissions, trade wars, etc.
Blog – Dairy and Farming Sector – April 2022 – Canada
Canadian farmers continue to struggle with high input costs
Canadian farmers continue to demand better policies to address both food costs and security
The carbon taxes have been tied to green inflation. There is no way the Liberals will ever hit 2.1 to 2.3% inflation target unless there is a drastic policy shift.
Milk sold off the farms over the past 7 years has grown by about 2.7% to 3% range.
Dairy farmers are concern with carbon pricing. Dairy farmers like other farmers would rather see carbon exemptions compared to carbon taxes. The key area of focus should be vertical and expert farming through changes to tax code including capital cost allowances.
Food inflation will continue to be a challenged for governments around the world. High food prices are expected to remain high through mid 2023.
Supply chain continues to face many challenges including bottlenecks and high cost of fuel and other input costs.
Summary:
The total amount of milk sold off farms in June decreased 0.2% year over year to 787 888 kilolitres. Meanwhile, milk sold off farms for fluid purposes increased 0.6% to 214 845 kilolitres. Milk sold off farms for industrial purposes decreased 0.6% year over year to 573 043 kilolitres. Total cash receipts from milk and cream sold off farms amounted to $663.7 million in June, up 11.0% year over year.
Source - The Daily — Dairy statistics, June 2022 (statcan.gc.ca)
Farmers are struggling with higher input costs. Little has been done by the Canadian government to address farm input costs.
Little is said or done about the farmland tied up for solar panels and wind turbines.
Some of Canada’s most significant farmer organizations think the federal election is a critical, and perfect, time to build support for agriculture’s role in the economy.
They think agriculture could be a key to the country’s growth but needs protection from weather disasters, foreign competitors’ actions and regulatory costs. They want each of Canada’s federal parties to address those needs with more than typical election season lip service.
“We’re going to be pushing all federal parties to prioritize agriculture in their platforms,” said Mary Robinson, president of Canadian Federation of Agriculture.
https://www.producer.com/news/farm-groups-hope-recent-troubles-will-lift-agricultures-election-profile/
1. Dairy pricing - https://www.agri-pulse.com/articles/16291-canada-defends-dairy-pricing-system-amid-us-industry-criticism
2. Quota - https://www.mnp.ca/en/insights/directory/new-entrant-quota-assistant-programs-to-help-new-producers-dream-big
3. Zero waste - https://www.farmcrediteast.com/knowledge-exchange/Blog/todays-harvest/stewards-of-the-land-western-new-york-dairy?utm_source=twitter&utm_medium=fceast&utm_term=22902e17-166d-4fb1-aa61-fe67c7516baa&utm_content=&utm_campaign=Blog
4. IOT - https://eandt.theiet.org/content/articles/2021/08/uk-dairy-farms-embracing-poo-power-and-iot-to-decarbonise/
5. Automation - https://dairyfarminghut.com/complete-guide-for-automated-dairy-farm-the-future-of-dairy-farming/
6. Automation - https://www.mitchellrepublic.com/business/agriculture/6942117-Robotic-milking-is-latest-high-tech-tool-on-dairy-farms-in-S.D.
7. Electricity - https://dairyfarmersofcanada.ca/en/who-we-are/our-commitments/sustainability
8. Subsidies - https://www.thebeefsite.com/news/57316/brexit-has-left-farmers-in-fear-for-their-futures/
9. Farm subsidies - https://fee.org/articles/ending-farm-subsidies-wouldnt-help-the-third-world/
10. Capital gains - https://www.mnp.ca/en/insights/directory/capital-gains-exemption-not-keeping-pace-with-land-values-and-costs
11. Farm taxes - https://farmtario.com/news/federal-budget-brings-few-farm-tax-changes/
12. Carbon pricing - https://www.foodnavigator.com/Article/2021/07/08/Returns-Gone-Sour-The-impact-of-carbon-pricing-on-the-dairy-sector
Blog – Dairy Sector – Canada – November 2021
Dairy sector continues to face many challenges due cost of feed and other related input costs.
Dairy prices have not risen as much as other prices.
Liberals continue to fail address issues like the impact of the carbon tax on agriculture out and food production.
1. Rising feed prices - https://www.thebeefsite.com/news/57977/canadian-farmers-face-serious-feed-shortages/
2. Oatly - https://ca.news.yahoo.com/oatly-ads-banned-making-misleading-000100110.html
3. Fertilizer - https://www.thedailyscoop.com/news/retail-industry/how-todays-fertilizer-prices-could-reshape-industry
4. Butter production - https://www.foodbusinessnews.net/articles/20477-butter-prices-soar-to-multi-year-highs
5. Higher input costs - https://www.newsbug.info/iroquois_countys_times-republic/news/agriculture/farmers-dealing-with-dramatically-higher-input-costs/article_e5f4b953-424e-5735-bf47-3e8f5cc8c8a6.html
6. Drought - https://www.reuters.com/world/americas/canadian-farmers-face-cattle-feed-shortage-due-drought-transport-strains-2022-01-25/
7. Potato - https://www.thestar.com/news/world/2022/01/25/is-canada-fighting-a-trade-war-against-its-own-potato-farmers.html
8. Cybersecurity - https://www.canadiancattlemen.ca/daily/farm-cybersecurity-campaign-seeks-farmer-input/
9. Food exports - https://www.spglobal.com/platts/en/market-insights/latest-news/agriculture/012422-canadas-common-wheat-exports-rise-63-on-week-durum-wheat-shipments-fall
10. AG and China - https://ipolitics.ca/2022/01/21/chinese-ambassador-pitches-improved-trade-to-western-canada/
11. Food security - https://globalnews.ca/news/8532207/canada-grocery-stores-food-supply-prices/
Summary:
The liberals lost a ruling to how they protect the dairy sector from exports through a tariff program. The Liberal knew that this program likely would come under attack. Liberal only respond when there is a ruling vs being proactive on how best to support the farmers.
Farmers have cried for years about liberal policies like carbon tax or inability to get goods to market or tax changes to small businesses. The only thing Liberal did was review the transitioned funding to farmers as part of new trade deals.
1. Price of Milk – https://www.cbc.ca/news/canada/kitchener-waterloo/dairy-price-rise-2022-1.6297627
2. Climate change - https://www.sciencedaily.com/releases/2022/01/220105135958.htm
3. Automation / Dairy Farming - https://www.lely.com/us/solutions/large-farming/dairy-xl/?utm_campaign=eg-Dairy-XL&utm_content=193155229&utm_medium=social&utm_source=twitter&hss_channel=tw-57153195
4. Dairy / Trade ruling - https://financialpost.com/news/economy/u-s-and-canada-both-claim-victory-in-dairy-quota-trade-dispute
5. Both Vancouver and Toronto lead Canada as the highest cost cities in Canada. Majority of the federal seats in these ridings are held by the Liberals - https://www.expatistan.com/cost-of-living/country/canada
6. Farm subsidies - https://fee.org/articles/ending-farm-subsidies-wouldnt-help-the-third-world/
7. Cheese production - https://beef2live.com/story-ranking-countries-produce-cheese-0-213144
8. Carbon tax = https://www.producer.com/opinion/government-programs-can-ease-farms-carbon-tax-burden/
9. Trade - https://www.canada.ca/en/agriculture-agri-food/news/2021/01/government-of-canada-takes-next-step-in-compensating-canadas-dairy-farmers.html
10. Farm Income - https://www150.statcan.gc.ca/n1/daily-quotidien/210326/dq210326c-eng.htm
Many countries around the world provide support to agriculture sector
Agenda 2030 is pushing for more corporate farms
There are improvements in farming over the year like vertical farming, water and land management and crop resistance to drought
Canada Food/AG sectors have loss jobs since the Liberal took power in 2015
Liberals cannot get goods to market, i.e. grain not getting to export markets
Agriculture Sector - Canada - Issues and Solutions - August 2018paul young cpa, cga
Countries around the world provide Agriculture Subsidies
USA spends over $20B in subsidies to support their agriculture sector
Canada at the federal level spends about $6B on subsidies.
Farmers have to deal with rain, bugs, sun, etc
Commodity prices impact a farmer ability to sell his product
The liberals have come to office as such have imposed more tax and regulations on the family farm
Canada has a supply management system that manages quota. Canada has open up dairy, poultry, etc to foreign imports via TPP, CETA and USMCA agreements.
Farmers are looking for price support as part of the expansion of imports into Canada
Global Housing Market Analysis and Commentary- September 2023.pptxpaul young cpa, cga
Summary:
Homebuilders are walking a fine line when it comes to new projects as high mortgage rates curb demand.
New residential construction, including single-family homes and multifamily, dropped 11.3% month over month in August to 1.283 million units on a seasonally adjusted basis, according to Census Bureau data released Tuesday. That's down 14.8% compared with a year ago and well below the 1.44 million units economists surveyed by Bloomberg projected.
But authorized residential permits — an indicator of potential future activity — rose 6.9% to 1.543 million permits in August from July. That was still down 2.7% from last August. Single-family permits, though, were up 2% from July to 949,000. Multifamily permits came in at 535,000.
The data reflects two opposing forces builders are trying to balance: the ongoing need for new construction to fill in limited inventory and elevated mortgage rates that are hurting their biggest customer right now, the first-time homebuyer.
"High mortgage rates are clearly taking a toll on builder confidence and consumer demand, as a growing number of buyers are electing to defer a home purchase until long-term rates move lower," Robert Dietz, chief economist of the National Association of Home Builders, said Monday in a press release after builder confidence dropped for the second straight month.
Source: https://ca.finance.yahoo.com/news/homebuilders-face-a-tough-balancing-act-on-new-construction-amid-high-mortgage-rates-130744368.html
Blog – What is next for the Mining Sector – September 2023
The mining sector provides critical material that support solar, wind, and lithium-ion batteries as part of the green transition. https://www.iea.org/news/critical-minerals-market-sees-unprecedented-growth-as-clean-energy-demand-drives-strong-increase-in-investment
The mining sector products play a key role with the global GDP - https://www.yicaiglobal.com/news/global-mining-industry-value-was-69-of-world-gdp-last-year-china-says
Mining practices need to be sustainable including following all ESG policies - https://www.linkedin.com/advice/1/how-can-you-monitor-sustainable-mining-practices
Other links and sources –
Lithium Supply and Price - https://zbr.com.mx/en/sin-categoria-es/lithium-prices-fall-44-in-china-due-to-lack-of-demand/138168/
Cobalt - https://www.linkedin.com/posts/mahmut-karada%C5%9F-a2b7a5151_china-exportrestrictions-gallium-activity-7082603182589157376-Zrty/?trk=public_profile_like_view
Nickel https://www.eureporter.co/business/2023/09/15/stanislav-kondrashov-from-telf-ag-nickel-prices-outlook-remains-positive/
Iron-ore - https://www.brecorder.com/news/40263584/sgx-iron-ore-set-for-best-week-in-3-months
TD Bank / Metals - https://www.tdsecurities.com/ca/en/setting-the-stage-for-gold-outlook
Biodiversity / Mining - https://worldcrunch.com/green/lithium-green-energy-argentina-indigenous
ESG - https://iriscarbon.com/the-added-value-of-integrated-esg-reporting-a-threefold-framework/
Blog – Manufacturing Shipments and Orders – The United States – August 2023
Summary:
New orders for manufacturing technology in the United States totaled $353.9 million in July 2023, as per the latest report by AMT – The Association For Manufacturing Technology. This figure marked a 12.4% decline from June 2023 but remained only 10.5% lower than July 2022. Year-to-date orders amounted to $2.83 billion, reflecting a 12.7% decrease compared to the same period the previous year.
Douglas K. Woods, President of AMT, noted that July is typically a slower month for manufacturing technology orders, so a slight drop was expected. However, he pointed out a notable trend: over the last two months, the year-to-date order gap has narrowed during historically slow periods. While job shops have seen decreased orders, other industries that benefited from reshoring or government investments have helped fill the gap.
Among specific sectors, job shops, the largest customer segment, placed their lowest total monthly orders since August 2020. In contrast, metal valve manufacturers recorded their third-highest monthly order value on record, last seen in September 2018, making up nearly 5% of the total manufacturing technology order value for July 2023. Manufacturers of motor vehicle transmissions continued to order machinery at an elevated pace. However, the aerospace industry continued to order below its early 2022 peaks, with hopes that recent projects like the federal government's $1.5 billion investment in communications satellites might reverse this trend.
Source: https://www.sme.org/technologies/articles/2023/september/u.s.-manufacturing-technology-orders-dip-in-july-but-show-resilience-amid-economic-uncertainty
Stock Market Analysis and Commentary for WE September 15 2023.pptxpaul young cpa, cga
Blog – Analysis and Commentary – Stock Market – WE September 15 2023
Summary:
Stocks fell Friday as investors wrap up a volatile week ahead of the Federal Reserve's policy meeting.
The Dow Jones Industrials tumbled 288.87 points to close out Friday and the week at 34,618.24. At its lows, it completely wiped out Thursday's 332-point rally.
The S&P 500 index sank 54.78 points, or 1.2%, to 4,450.32.
The NASDAQ index plunged 217.72 points, or 1.6%, to 13,708.33.
The Dow held onto a winning week. The S&P 500 and NASDAQ both closed out the week with losses.
Information technology was the worst-performing sector in the S&P 500, down nearly 2%. Adobe shares fell more than 4% even after the software firm posted better-than-expected quarterly results. Shares of Arm Holdings were lower one day after its successful public debut.
Auto stocks General Motors and Stellantis N.V. were higher Friday, while Ford Motor was about flat. Thousands of members of the United Auto Workers went on strike after failing to reach a deal with the automakers Thursday night.
Elsewhere, Lennar shares slid 3%. The home construction firm posted third-quarter results that beat on the top and bottom lines.
On the economic front, the University of Michigan's consumer sentiment survey showed one-year inflation expectations dropped to 3.1% in
September, tied for the lowest since January 2021. Also, the five-year outlook fell to 2.7%, matching its lowest since December 2020.
Electricity Analysis - Canada and the OECD - June 2023.pptxpaul young cpa, cga
Summary:
Over three-quarters of the world’s total coal-generated electricity is consumed in just three countries. China is the top user of coal, making up 53.3% of global coal demand, followed by India at 13.6%, and the U.S. at 8.9%.
Burning coal—for electricity, as well as metallurgy and cement production—is the world’s single largest source of CO2 emissions. Nevertheless, its use in electricity generation has actually grown 91.2% since 1997, the year when the first global climate agreement was signed in Kyoto, Japan.
However, even as non-renewables enjoy their time in the sun, their days could be numbered.
In 2022, renewables, such as wind, solar, and geothermal, represented 14.4% of total electricity generation with an extraordinary annual growth rate of 14.7%, driven by big gains in solar and wind. Non-renewables, by contrast, only managed an anemic 0.4%.
The authors of the Statistical Review do not include hydroelectric in their renewable calculations, even though many others, including the International Energy Agency, consider it a “well-established renewable power technology.”
With hydroelectric moved into the renewable column, together they accounted for over 29.3% of all electricity generated in 2022, with an annual growth rate of 7.4%.
Source - https://energynow.ca/2023/09/infographic-what-electricity-sources-power-the-world-see-them-here-visual-capitalist/
Stock Market Analysis and Commentary for WE September 9 2023.pptxpaul young cpa, cga
What did the markets tell us this week?
1. Housing supply and costs continue to plague countries around the world.
2. Gasoline prices are on the rise that puts pressure on central banks ability to hit their core inflation targets.
3. ESG adoption by both the private and public sector is leading to both funding concerns and the overall cost of implementing ESG policies.
4. Adopting technology as part of increasing food production is facing both capital and operational funding concerns.
5. Strike at LNG facility in Australia is leading to concerns around a supply chain disruption of natural gas for EMEA and Asia.
6. The threat of China dumping batteries into markets - https://www.ft.com/content/b6038e51-7b5b-4f97-a5da-9202e71562fc
7. Adoption of generative AI has been facing many challenges related to security, privacy, and ethical issues.
8. Lack of biodiversity planning as part of the overall climate mitigation including sustainable mining, forestry, oil, gas, agriculture, and housing
9. Geopolitical issues continue to impact supply chain.
10. The concerns of recession continue to plague both the private and public sector.
11. Productivity issues continue to plague governments around the world.
Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...paul young cpa, cga
The mining, oil, gas, agriculture, forestry, and mining continue to face environmental, social, and governance policy review including reporting of key metrics as part of ESG reporting cycle.
There is more focus on profitability and investment returns as part of the integrated planning and reporting cycle.
Summary:
The global economy faces what at least one forecaster is calling a mild trade recession as shipments from China slump and German factories downshift.
China’s export declines extended into August, though there were signs that the worst of a world trade slowdown may be over for the leading exporter.
Overseas shipments from China fell 8.8% in dollar terms from a year earlier while imports contracted 7.3%, both better than economists’ estimates and significantly less severe than July’s downturn.
Other data have suggested trade may be stabilizing after weakening for most of this year. Exports from South Korea also declined at a more moderate pace in August than the previous month.
Source: https://www.bloomberg.com/news/newsletters/2023-09-07/supply-chain-latest-world-trade-faces-a-shallow-recession?srnd=economics-v2
Additional sources and links:
Lithium - https://source.benchmarkminerals.com/article/falling-lithium-prices-challenge-potential-cost-advantages-of-sodium-batteries
Oil Production - https://www.cnn.com/2023/09/06/business/oil-price-goldman-sachs/index.html
Natural gas - https://www.fxstreet.com/news/natural-gas-holds-up-as-markets-in-limbo-over-strikes-202309070956
Lumber - https://www.fastmarkets.com/insights/sawmill-capacity-closures-reshape-us-lumber-supply
Critical metals - https://www.wasterecyclingmag.ca/feature/how-recycling-could-solve-the-shortage-of-minerals-essential-to-clean-energy/
Agriculture - https://www.morningagclips.com/economists-forecast-positive-end-of-year-crop-outlook-despite-warmer-midwestern-climate/
ESG - https://www.skadden.com/insights/publications/2023/09/the-informed-board/the-eus-new-esg-disclosure-rules
Ports - https://www.marketscreener.com/quote/stock/HAPAG-LLOYD-AG-24857717/news/Hapag-Lloyd-chief-warns-of-rougher-seas-ahead-for-container-shipping-44789017/
Top destination for reshoring - https://www.thenationalnews.com/business/economy/2023/08/29/uae-in-top-10-most-powerful-passports-for-investment-opportunity/
Global Trade - https://phys.org/news/2023-09-opinion-broke-global-climate-finish.html
What is next for the Forestry Sector and Lumber Production - September 2023.pptxpaul young cpa, cga
Lumber production in Canada continues to face many hurdles
Canada forest management practices are some of the bests in the world
Canada planted over 440M in seedlings back in 2018. It is now 2022 which means close 2M seedlings have been planted.
All levels need to put more focus on urban and rural planning solutions
More work including spending on wildfire and forest fire mitigation
Canada and USA need to find a path forward to resolve the softwood lumber dispute
There needs to a better balanced between climate change policies and growing the economy in a sustainable way
3D printing for housing needs to become mainstream
More protection needs to happen with key ecosystems like wetlands, forest, and peatlands.
There is a risk of debt default if interest rates are hike over the next few months
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
Yes of course, you can easily start mining pi network coin today and sell to legit pi vendors in the United States.
Here the telegram contact of my personal vendor.
@Pi_vendor_247
#pi network #pi coins #legit #passive income
#US
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
2. PAUL YOUNG - BIO
• CPA, CGA
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
Contact information:
Paul_Young_CGA@Hotmail.com
4. AGENDA
• Dairy Market – Canada
• Subsidies/support for Dairy Production
• Issues at hand
5. MILK PRICES
• High production and low demand for milk related products
• Farmers in some jurisdiction are losing money and looking for government support
• Attacks have begun on Canada as part of tearing down the supply management system
• Systemic issues are not being resolved
• Capital recovery
• Production quotas not being established
• Opening new markets for milk exports
• Government subsidies and bail outs are in place in many countries
9. SIZE OF HERD
Source – Government of Canada - http://aimis-simia-cdic-ccil.agr.gc.ca/rp/index-eng.cfm?action=pR&r=219&pdctc=
10. SIZE OF HERD
Source – Government of Canada - http://aimis-simia-cdic-ccil.agr.gc.ca/rp/index-eng.cfm?action=pR&r=219&pdctc=
11. TOP DAIRY PRODUCING COMPANIES
Source - http://www.dairyinfo.gc.ca/pdf/emp_dpm_e.pdf
• Dairy Farmers of America contributed
to Republican Party election Campaign
-
https://www.opensecrets.org/pacs/pac
2pac.php?cycle=2018&cmte=C0000138
8
• USA Subsidies to Dairy “The
calculations include government
expenditures outside of dairy
programs, such as subsidized irrigation
water, nutrition programs and
government loan programs. For
example, the benefits of state and local
irrigation programs are estimated at
$2.1 billion.”
https://www.realagriculture.com/2018
/02/u-s-dairy-subsidies-equal-73-
percent-of-producer-returns-says-new-
report/
• Canada’s government needs to look at
ways to softening the blow when the
tariffs removed including similar
policies of the USA, i.e. tax write-off,
price support, transitioning funding
12. DAIRY MARKET / CANADA
Government of Canada - http://www.dairyinfo.gc.ca/index_e.php?s1=dff-fcil&s2=imp-exp&s3=bal
North America ($474.7 million), the European
Union ($226.5 million) and Oceania ($93.3
million), together these regions accounted for
88.4% in value of total imports, a 1.6% drop
from 2014. The United States ($474.6 million),
New Zealand ($83.6 million), France ($62.3
million), Italy ($56.3 million), and Switzerland
($46.2 million) were the top country suppliers.
Imports
Exports
North America ($114 million), Asia ($36.2
million) and Africa ($24.2 million), together
represented almost 82.7% in value of total
exports. The United States ($104.2 million),
Egypt ($20.1 million), China (9.9 million),
Mexico ($9.4 million) and Saudi Arabia ($7.3
million) were the top destination countries.
17. DAIRY INDUSTRY COMPARISON
Country Government
Canada • Quota System/Supply Management
• No subsidies
United States • Crop insurance
• Subsidies removed, but bail outs have
happen
New Zealand • No subsidies
• Cooperative to export milk
Australia • Government provides subsidies and
other support
18. TPP AND DAIRY
• The market access provisions in the text are unchanged from the first agreement, which gave TPP countries (including the U.S.) access to the
following share of the domestic market:
• 3.25 percent for dairy
• 2.3 percent for eggs
• 2.1 percent for chicken
• 2 percent for turkey, and
• 1.5 percent for broiler hatching eggs.
• Supply managed producer groups are questioning why Canada agreed to the same terms when the largest economy in the original deal —
the U.S. — is no longer a member.
• “Although the loss of the U.S. represents a loss of approximately 60 percent of the original TPP market GDP, the original concessions to our
domestic dairy market remain,” notes Dairy Farmers of Canada, in a news release calling Tuesday “a somber day for the 221,000 Canadians
that depend on the dairy sector for their livelihood.”
In 2015, after agreeing to the original TPP with the U.S., the Conservative government immediately announced a $4.3 billion set of programs for
the dairy and poultry industries to offset market share lost to imports under TPP and CETA. This money was never approved by the Treasury
Board as the Conservatives lost the federal election two weeks later. (The Liberals have since rolled out a $350 million package for the dairy
sector to soften the impact from CETA.)
Source - https://www.realagriculture.com/2018/01/new-tpp-deal-without-the-u-s-same-concessions-for-canadas-supply-managed-sectors/
19. DONALD TRUMP / CANADA DAIRY INDUSTRY
• In a fiery speech to factory workers in Wisconsin on Tuesday, Trump vowed to "stand up for our dairy
farmers" in the state. The president also called Canada's dairy system a "one-sided deal," saying the
North American Free Trade Agreement rules between Canada and the U.S. were "a complete and total
disaster" overall.
Donald Trump – CBC News – April 19, 2017
Note:
Dairy Producers are lobbying Trump to include Canada’s supply management system as part of NAFTA.
20. BLOG – DAIRY
• “It appears that now Ms. Freeland will make concessions on dairy. I said many times you need to be at the table or you
will have a forced with a deal. Trudeau has no choice but to sign the deal as his government will have little wiggle room to
make changes to new trade agreement. “
• https://www.theglobeandmail.com/business/article-canada-ready-to-give-way-on-dairy-for-nafta-deal/
• https://www.newswire.ca/news-releases/canadas-dairy-supply-management-system-has-stood-the-test-of-time-remains-relevant-and-
resolutely-modern-670130113.html
• https://www.intheblack.com/articles/2018/08/01/dairy-industry-peter-skene
•
• https://www.washingtonpost.com/business/2018/09/01/holy-cow-how-canadian-dairy-pricing-soured-nafta-
negotiations/?utm_term=.d325e9b7a6e7
•
21. ISSUES AT HAND
• Many countries have protectionism policies to support various industries in their countries.
• Canada imports milk from countries like United States.
• Countries like New Zealand and Australia export much of their milk production. Canada exports little in terms of milk
production.
• USA provides compensation to farmers through price supports and subsidies -
https://www.realagriculture.com/2018/02/u-s-dairy-subsidies-equal-73-percent-of-producer-returns-says-new-report/
• Small business tax change / Canada – Dairy Farmers “Restrictions on income splitting, tax rules for passive income,
succession planning”
• https://www.bdo.ca/en-ca/insights/industries/agriculture/how-the-proposed-tax-changes-will-impact-canadian-farmers/
• Subsidies can mean different things to different people
• Quota system which sets limits and price. Consumers paid to support the market through higher consumer prices
• Free-market system which means you pay what you get through commodity exchanges. Government can provide
direct subsidies and/or other methods like crop insurance to support dairy production
• Transitioning to a free-market system would require transitional moneys. New Zealand offer transitioned money as part of
adjusting their milk production system