Collaboration aims to make satellite-based forage insurance a usable product
The cattle sector is hoping satellite technology will be the answer for providing forage insurance comparable to how multi-peril insurance works for grain farmers. Collaboration is occurring between Agriculture and Agri-Food Canada, the three prairie crop insurance agencies, Canadian Cattle…
Volume of Sask. feeder cattle sold increases: Cattle Market Update
Feeder cattle prices were mixed but strong, according to the Provincial Cattle Specialist, Fonda Froats. Froats broke down the latest Cattle Market Update, issued by Canfax, for the week ending September 1. She notes average prices for feeder steers ranged from…
Sask. Ag Minister looking forward to additional role at Water Security Agency
The Saskatchewan Minister of Agriculture is settling into his added responsibility of being the head of the Water Security Agency. David Marit kept the Ag file and replaced Jeremy Cockrill as minister responsible for the WSA in last week’s Cabinet…
Over 90% of Insured Forage Rainfall Insurance Program Acres in Saskatchewan Receive Payout for 2023
Today, the Governments of Canada and Saskatchewan announced a record-breaking level of payments under the Saskatchewan Crop Insurance Corporation (SCIC) Forage Rainfall Insurance Program. “While producers face ongoing risks related to climate change and extreme weather events, the support of…
US Net Farm Income Expected to Fall in 2023
For the first time in five years, the United States Department of Agriculture forecasts national net farm income will fall nearly 23% in 2023, coming down from a record high in 2022. Net farm income, defined by the USDA as…