News

A Close-Up Shot of an Agent Pointing Rates with a Ballpen

Bank of Canada reduces interest rate as inflation drops

Oct 24, 2024

On Wednesday, the Bank of Canada announced its decision to reduce its key interest rate by half a percentage point to 3.75 per cent. It’s down from 4.25 per cent and the fourth rate cut this year. The inflation rate…

Sask Crop Forum debuting next year in Saskatoon

Sask Crop Forum debuting next year in Saskatoon

Oct 24, 2024

A new event will make its debut January 14th and 15th at the Western Development Museum in Saskatoon. The Sask Crops Forum is being organized by SaskOilseeds, Sask Pulse Growers, SaskWheat and SaskBarley. Each organization will hold its annual general…

Manitoba Harvest Nears Completion: Crop Report

Manitoba Harvest Nears Completion: Crop Report

Oct 24, 2024

Harvest progress as of October 22 sits at 95% complete across the province. Corn and sunflower harvest will continue for the next few weeks. Currently, corn is at 55% complete andsunflowers are at 39% complete provincially. Fall fertilizer application has…

Another positive week for Sask. Cattle Prices

Another positive week for Sask. Cattle Prices

Oct 22, 2024

Saskatchewan cattle prices were up again last week. In the Canfax Cattle Market Update for the week ending October 18th, prices for feeder steers were up in every category except for the 900-plus pound steers, where it decreased $1.67 to…

Producers will be mostly compensated due to inadequate security from Global Food and Ingredients Inc.

Producers will be mostly compensated due to inadequate security from Global Food and Ingredients Inc.

Oct 22, 2024

Producers who were not paid for grain delivered to Global Food and Ingredients Inc. will not receive full compensation from the Canadian Grain Commission’s payment protection program. The company’s security was not adequate to cover all of the unpaid grain.…