ag news

Olymel “not alone” in facing current economic challenges: SaskPork GM

Olymel “not alone” in facing current economic challenges: SaskPork GM

Jun 2, 2023 | 4:08pm
The General Manager at SaskPork says it’s always unfortunate to hear of a hog barn closure anywhere in Canada. Mark Ferguson reacted to Olymel’s recent closures of sow units in Quebec, Alberta, and Saskatchewan. “It’s basically the result of extremely tight margins in the hog industry – both today and what’s gone on over the […]
July canola and wheat futures continue to decline

July canola and wheat futures continue to decline

Jun 2, 2023 | 2:56pm
Another week has come and gone, and the grain markets were on a downward trend, especially the July Canola contract. Future Commodity Advisor with P.I. Financial Adam Pukalo says the price for July canola declined by about 30 dollars a ton for the week. “The last couple days we’ve see a recovery, but really still […]
Producers can apply for federal grants through Ag Clean Technology Program

Producers can apply for federal grants through Ag Clean Technology Program

Jun 1, 2023 | 5:12pm
The federal government is giving farmers and ranchers the opportunity to make their operations cleaner and greener. The Agricultural Clean Technology Program — Adoption Stream (ACT) is accepting applications, starting today (Thurs). Federal Agriculture Minister Marie-Claude Bibeau says it will provide non-repayable grants between $25-thousand and $2-million so producers can buy equipment that reduces greenhouse gas emissions […]
Nearly 90 percent of seeding complete in Saskatchewan

Nearly 90 percent of seeding complete in Saskatchewan

Jun 1, 2023 | 3:15pm
Another great week for seeding in Saskatchewan. According to today’s crop report, 89 percent of seeding has been completed, up from 68 percent the previous week, but slightly behind the 5-year average of 92 percent for this time of year. The northwest region is almost done at 97 percent complete, the west central is 94 […]
EDR confirms what everyone knows: agriculture is crucial to the provincial economy

EDR confirms what everyone knows: agriculture is crucial to the provincial economy

May 31, 2023 | 5:13pm
Most, if not all, residents are aware of how important agriculture is to Saskatchewan, but Economic Development Regina (EDR) decided to take that thought a step further and quantify it’s significance. EDR released a report today called “Saskatchewan’s Annual Megaproject: Spring Seeding” which “uses data from a range of sources to understand the impact of […]
Report: Two pension funds support possible merger between Viterra and Bunge Ltd.

Report: Two pension funds support possible merger between Viterra and Bunge Ltd.

May 31, 2023 | 11:51am
A proposed merger between Glencore’s Viterra and Bunge Ltd. has the support of two of Canada’s largest pension funds, according to a person close to the matter. The source, according to Bloomberg News, noted that the Canada Pension Plan Investment Board and the British Columbia Investment Management Corp. are willing to swap their combined 49.98 […]
APAS wants the federal government to support provisions that would increase rail competition

APAS wants the federal government to support provisions that would increase rail competition

May 30, 2023 | 2:39pm
Increase rail competition and lowering costs of hauling farm commodities are the goals of provisions included in a federal bill to extend interswitching on railways. Ian Boxall, president of the Agricultural Producers Association of Saskatchewan (APAS) noted some provisions to Bill C-47 include ensuring the rates are fair for interswitching and making sure it’s done […]
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 […]
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, […]