The London Free Press had some "real" news on their website today. Kudos.
Apparently both soy bean and corn yields are the highest on record. The story can be found here:
The reason I am writing about this is that the weather conditions in S.W. Ontario were not what makes up a typical great growing season. I question if yields have been this high for a while and it was just profitable to bring more product to market this year (as opposed to destroying it/leaving it to rot in the fields)? Does anyone know how to find out how quickly Canadian farmers can respond to US prices (which were very high this year because of the drought in much of the US)?
I know we waste a lot of food in North America (farm to dumpster close to 50% according to a story I heard recently on NPR that I cannot seem to find now). How much of this waste is response to market prices? The record yields in a NAFTA partner province during a high price year makes me wonder if it is even more than we previously thought? I of course am not going to do the leg work on this, but someone maybe should?