Canada Launches $1 Billion Farm Credit Initiative Amid Global Food Security Pressures

The Government of Canada has announced a Farm Credit to strengthen food security and grow the economy. The move comes as trade shifts, global conflict, and climate change put pressure on food systems worldwide. Minister of Agriculture and Agri-Food Heath MacDonald launched Farm Credit Canada's (FCC) $1 billion Agri-food Project Finance Fund and $150 million to Velocity Agri.

The Canadian pulse market is well supplied to meet strong demand for pea protein, according to Canada's latest stocks data as of September 9. Expana's Market Reporter Andraia Torsiello stated that changes in raw material supply take three or four months to affect the further processed pea protein market.