February 12, 2010, Grand Falls, NB – The Government of Canada recently
announced is helping New Brunswick potato farmers capture new markets
and increase profitability.
February 12, 2010, Grand Falls, NB – The Government of Canada recently announced is helping New Brunswick potato farmers capture new markets and increase profitability.
The federal government is investing $123,000 in a new market information database that will help producers make more informed decisions and capitalize on timely market opportunities.
The announcement was made during the Potatoes New Brunswick Conference.
It’s hoped the project will help New Brunswick potato farmers gain a competitive edge by providing them with better crop data and market information.
The Potato Market Data Information Gathering and Analyses system will give farmers a stronger bargaining position with buyers by equipping them with updated, real-time information on New Brunswick’s potato acreage, potato varieties planted, storage estimates, prices and market destinations.
The database is expected to be completed by March 2011.
The project is being led by Potatoes New Brunswick, a producer marketing organization that works with industry partners on behalf of 225 potato farmers.
“Our farmers need more accurate and timelier information to better market their crop,” said Joe Brennan, chairman of Potatoes New Brunswick. “This project will help give farmers the information they need to make better sales decisions and get better prices for their crops.”
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