Top 5 -yesterday
- Taking the wisdom from indoor farming and bringing it into greenhouses
- Top tips for growing lettuce in a greenhouse
- Greenhouse grower purchases 75-acre greenhouse in Jalisco, Mexico
- "One thing's sure: there will be less lit cultivation next season"
- New type of strawberry harvester introduced to the market
Top 5 -last month
FCC Ag Economics: A 2015 Look at Global Trade released
A lower loonie will help grow Canadian export values – sometimes. And in some of Canada’s top markets. But exchange rates are only one of several factors that impact exports, and often, they have less impact than others.
In fact, GDP growth in Canada’s top five markets is more important to the growth of Canadian exports. Of Canada’s top export markets, China – Canada’s second largest ag-related market – will boast the greatest GDP growth in 2016, potentially spurring an additional $343 million worth of crop exports in 2016.
Farm Credit Canada's advises that, while it’s important to keep an eye on currency fluctuations, the focus should be mostly on building a competitive position around the more long-term success factors of innovation and productivity. Developing relationships with local suppliers in export markets and diversifying markets goes a long way to enhance competitiveness. In turn, this mitigates the risk of exchange rate fluctuations.
For more information:
Farm Credit Canada
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Other news in this sector:
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- 2022-08-10 NZ: Microgreens business bounces back after Covid
- 2022-08-10 Southeastern European countries importing more and more fresh fruits and vegetables
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- 2022-08-08 US: Updates and annual facility certification for the offshore greenhouse certification program
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- 2022-07-21 ‘Tomato industry in Ghana has collapsed’
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- 2022-07-20 Israel’s fresh produce sector starting to see benefits of historic FTA with UAE
- 2022-07-20 The NHAES 2022 INSPIRED Horticultural Research Report
- 2022-07-20 Used pallet demand is booming in the UK