ag news

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, […]
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 […]