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The Number of Farmers Globally is Dwindling:  Report

The Number of Farmers Globally is Dwindling: Report

Apr 4, 2023 | 4:10pm
A new report suggests that as other nations reduce their agricultural footprints in an effort to boost sustainability, their loss could be Canada’s human capital gain. A recent report notes there’s a global crunch coming as many farmers near retirement age, and not enough is being done to fill that gap. In Canada, 40 per cent […]
Water Security Agency Launches Emergency Flood Damage Reduction Program

Water Security Agency Launches Emergency Flood Damage Reduction Program

Apr 4, 2023 | 4:02pm
The Water Security Agency (WSA) is announcing the launch of the Emergency Flood Damage Reduction Program (EFDRP) for 2023 to help Saskatchewan communities and residents respond to the challenge of possible flooding. WSA is investing up to $500,000 for 2023. “Although runoff conditions are expected to be near to below normal for most of the […]
First Advance Payments Program Cash Advances Sent Out

First Advance Payments Program Cash Advances Sent Out

Apr 3, 2023 | 4:20pm
Today, on the first day of the 2023 Advance Payments Program (APP), Canadian Canola Growers Association (CCGA) issued over $300 million in cash advances, providing more than 1,500 farmers across Western Canada with working capital to help get the growing season off to a productive start. “Rising costs for inputs and successively rising interest rates […]
CNH Industrial Purchases Satellite Positioning Firm

CNH Industrial Purchases Satellite Positioning Firm

Mar 31, 2023 | 2:12pm
CNH Industrial, parent of the Case IH. New Holland, Steyr and Flexi-Coil farm equipment brands, has signed a cash deal to buy satellite positioning tech firm Hemisphere GNSS, parent of the Outback Guidance aftermarket GPS, precision ag and autosteer business. CNH has announced it will pay $175 million US for Hemisphere, which has been owned since […]
Ottawa Seeks to Extend Rail Interswitching Distance

Ottawa Seeks to Extend Rail Interswitching Distance

Mar 30, 2023 | 1:43pm
The federal government’s 2023 budget calls for a new pilot program to again provide Prairie grain shippers with extended interswitching. A non-financial line item in that envelope calls for the government to introduce amendments to the Canada Transportation Act for a “temporary extension, on a pilot basis” of the interswitching limit in the Prairie provinces, to “strengthen […]
Private Members Bill that Would Provide Carbon Tax Relief to Agriculture, Nears Ratification

Private Members Bill that Would Provide Carbon Tax Relief to Agriculture, Nears Ratification

Mar 30, 2023 | 12:03pm
Legislative amendments that would exempt farmers’ eligible purchases of natural gas and propane from federal carbon pricing are now en route to Canada’s Senate. Bill C-234, a private member’s bill passed third reading for adoption in the House of Commons yesterday by a vote of 176-146. The bill, introduced in February last year, amends the federal Greenhouse […]
2023 Manitoba Pulse Crops Expected to be Unaffected by Spring Flooding

2023 Manitoba Pulse Crops Expected to be Unaffected by Spring Flooding

Mar 29, 2023 | 4:23pm
Springtime still seems distant for southern Manitoba as snow remains and freezing temperatures persist. However, provincial pulse specialist Dennis Lange says current conditions are setting up well for seeding after temperatures rise and snow melts. In its latest flood outlook released last Wednesday, the province projected a major risk of flooding along the Red River due to […]
Federal Budget Provides Increased Funding for Farm Cash Advance Program

Federal Budget Provides Increased Funding for Farm Cash Advance Program

Mar 29, 2023 | 4:17pm
Federal Finance Minister Chrystia Freeland’s latest budget envelope for Canadian farmers up against rising costs of production includes a temporary boost to the interest-free portion of cash advances. Freeland’s 2023 federal budget, released yesterday, includes $13 million in 2023-24 for Agriculture and Agri-Food Canada to temporarily increase the interest-free limit for loans under its Advance […]
Bangladesh to Purchase Potash From Canada

Bangladesh to Purchase Potash From Canada

Mar 28, 2023 | 5:21pm
Canada will be exporting more potash to a South Asian country. On March 17th, federal Trade Minister Mary Ng announced a contract between Canpotex, a Saskatchewan-based potash supplier, the government of Bangladesh and the Canadian Commercial Corporation. Established in 1946, the Canadian Commercial Corporation is a Crown corporation that supports international trade by helping Canadian […]
Hopper Car Service Improves

Hopper Car Service Improves

Mar 28, 2023 | 5:12pm
CN and CP Rail supplied a combined 91% of hopper cars ordered in grain week 33, an improvement from the previous week’s 88% and the best performance seen for the two railways combined since week 4 in late August. The improvement in performance reflects a slight decline in performance for CN and improved performance for CP. […]