ag news

Grain market this week: canola futures rebounded, wheat slightly higher

Grain market this week: canola futures rebounded, wheat slightly higher

Jun 9, 2023 | 4:44pm
A Commodity Futures Advisor with P.I. Financial described the performance of wheat futures over the last two weeks as “trading sideways.” Adam Pukalo says the July Minneapolis Wheat contract increased about 5 cents a bushel for the week. The July Canola contract however rebounded by 30 dollars for the week, and Pukalo says that contract […]
Water Security Agency responds to criticism of its Agricultural Water Stewardship Policy

Water Security Agency responds to criticism of its Agricultural Water Stewardship Policy

Jun 9, 2023 | 3:50pm
The spokesman for the Saskatchewan Water Security Agency says its Agricultural Water Stewardship Policy remains in development. Patrick Boyle responded after the Saskatchewan Alliance for Water Sustainability and NDP Critic for the WSA Erika Ritchie raised concerns about the Policy on Monday. Boyle says the Policy is “centred around water management”. “The goals of that […]
Short railway companies receiving $530-thousand to upgrade infrastructure

Short railway companies receiving $530-thousand to upgrade infrastructure

Jun 8, 2023 | 4:51pm
The Saskatchewan government is providing $530-thousand in funding to help short line railway companies upgrade track and other infrastructure. Other upgrades would include expansion, improved crossing surfaces and sightlines, bridge maintenance, and track rehabilitations The province says in a news release “grants are determined based on how much track each short line owns.” For example, […]
Sask. Cattlemen’s Association CEO “very hopeful” carbon tax exemption is passed

Sask. Cattlemen’s Association CEO “very hopeful” carbon tax exemption is passed

Jun 8, 2023 | 4:40pm
The CEO of the Saskatchewan Cattlemen’s Association is in the nation’s capital this week, focused on two pieces of federal legislation. Grant McLellan says one of the bills is C-282, a private member’s bill that he says makes it illegal for the federal government to discuss supply managed sectors during trade negotiations; the other is […]
Report: Bunge Ltd. and Viterra close to finalizing merger

Report: Bunge Ltd. and Viterra close to finalizing merger

Jun 8, 2023 | 2:38pm
The Reuters News Agency is reporting that a potential merger between Bunge Limited and Viterra is imminent. Sources told Reuters that Viterra’s shareholders, which include Glencore, Canada Pension Plan Investment Board and British Columbia Investment Management Corp., may sign off on the deal as soon as this weekend, and an announcement might be made next […]
Sask. agri-food exports up 75 percent in Q1

Sask. agri-food exports up 75 percent in Q1

Jun 7, 2023 | 11:47am
The first quarter of 2023 was good for Saskatchewan agri-food exports. The province says exports were up 75 percent in Q1, to an estimated $6-billion. Canola oil, canola seed, non-durum wheat, and lentils are the leading agri-food exports. The provincial government says high agri-food prices and increased supply are fueling the growth in export volume […]
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 […]