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Canola and wheat futures are down for this week

Canola and wheat futures are down for this week

May 26, 2023 | 6:28pm
Grain markets this week were trending downward. Future Commodity Advisor with P.I. Financial Adam Pukalo says the trend with the July Canola contract is lower overall, while the November contract is sitting around the $650 per metric ton level. “Definitely talking to producers about the new crop and ways of protecting their price for what […]
Sask. Research Council stepping up in rare earth mineral processing

Sask. Research Council stepping up in rare earth mineral processing

May 26, 2023 | 1:24pm
The Saskatchewan Research Council (SRC) is taking rare earth mineral processing to the next level. The organization is manufacturing 140 commercial-scale solvent extraction cells at it’s Saskatoon fabrication facility, which should be done by this fall. The cells separate the ores by taking a liquid called rare earth chloride through a process that then separates […]
Farm Credit Canada offering $500-thousand credit line to support producers facing hard financial times

Farm Credit Canada offering $500-thousand credit line to support producers facing hard financial times

May 25, 2023 | 3:03pm
Farm Credit Canada (FCC) is offering support to producers who are facing financial difficulties, including cash flow challenges due to higher-than-average input costs and elevated interest rates. FCC is offering an unsecured credit line up to $500-thousand with loan processing fees waived. Elan Rolufs, Senior District Director with FCC, says it’s available to any producer, […]
Seeding progress in Saskatchewan jumped by 30 percent

Seeding progress in Saskatchewan jumped by 30 percent

May 25, 2023 | 1:48pm
Seeding in Saskatchewan is over two-thirds of the way done. The third crop report of the season indicates 68 percent of seeding is complete, a 30 percent increase from the previous week, but behind the 5-year average of 76 percent. The northwest region is almost done at 84 percent complete, followed by the west-central at 81 […]
Feeder cattle prices were mixed last week

Feeder cattle prices were mixed last week

May 24, 2023 | 3:28pm
Saskatchewan Feeder Cattle Prices, reported by Canfax, were mixed last week. Fonda Froats, Provincial Cattle Specialist with the Saskatchewan Ministry of Agriculture, provided the latest Cattle Market Update for the week of May 15-19. She says Saskatchewan feeder steer prices ranged from $372.00 per hundredweight (cwt) for the 400-500lb category to $254.00 per cwt for […]
Interactive Dashboard lets you see where grain is being shipped across Canada

Interactive Dashboard lets you see where grain is being shipped across Canada

May 24, 2023 | 2:23pm
Tracking grain movement across Canada is now easier than ever. This month Statistics Canada released the Grain Supply Chain Dashboard, an interactive map that details, among other things, segments of the railway network, the number of cars, and a car’s last known location. The dashboard is updated on a daily basis – with a one-day lag. The […]
Trio of Saskatchewan organizations receive funding to build ” Resiliency and Public Trust” in Agriculture

Trio of Saskatchewan organizations receive funding to build ” Resiliency and Public Trust” in Agriculture

May 23, 2023 | 1:35pm
The Canadian and Saskatchewan governments announced joint funding to three organizations that they say will help build resiliency and public trust in agriculture. More than $4.1 million is allocated to Farm & Food Care Saskatchewan, Agriculture in the Classroom Saskatchewan, and 4-H Saskatchewan over 5 years. That means Farm & Food Care Saskatchewan is receiving […]
Grain Markets this week: Prices for Canola dip, Wheat rallies

Grain Markets this week: Prices for Canola dip, Wheat rallies

May 19, 2023 | 3:19pm
The July Canola contract was down 10 dollars a metric ton, just above 700 dollars for the week, while the July Minneapolis Wheat contract was down 14 cents a bushel to around $8.25. That’s according to Future Commodity Advisor with P.I. Financial Adam Pukalo, who says July Minneapolis Wheat had a nice rally on Wednesday, […]
2022 a record year for mineral sales in Saskatchewan

2022 a record year for mineral sales in Saskatchewan

May 18, 2023 | 2:52pm
Mineral sales in Saskatchewan last year reached an all-time high. Sales were $19.4-billion, thanks to increased production, higher prices in response to supply disruptions and increasing global demand. The provincial government says the reopening of the McArthur River mine in northern Saskatchewan allowed for increased production of uranium. They add 136-thousand ounces of gold was […]
Saskatchewan farmers made great progress with seeding over the last week

Saskatchewan farmers made great progress with seeding over the last week

May 18, 2023 | 1:29pm
Saskatchewan farmers made significant progress this past week. The second crop report for the period of May 9-15, released today, indicates seeding is 38 percent complete, a substantial increase from 9 percent the previous week. While it is behind the 5-year average of 53 percent, it is closer to the 10-year average of 44 percent. The northwest is […]