There are a series of light bands of snow falling from northern Alberta to southwestern Manitoba. Amounts from these small disturbances are expected to be small with amounts generally less than 2 mm of water equivalent precipitation. The clipper like system will push across the Prairies today and tomorrow before exiting the region on Friday morning. […] Read more
Farm business
Prairie Weather
Funds slowly lifting wheat postion
The wheat markets have been very disappointing this year. The narrative for the market has been one of surplus supplies and record or close to record crops in the most of the major exporting nations. Record wheat production this year is behind the narrative, but demand for wheat has also remained strong. Managed money funds have […] Read more
UNDRIP appearing in agriculture sector’s radar
The United Nations Declaration on the Rights of Indigenous Peoples Act is little known but important, in matters such as land use, land access and major projects, among others
Federal government legislation, called the United Nations Declaration on the Rights of Indigenous Peoples Act, could affect future court decisions around public lands, major projects and resource development.
Overnight Trade
Crude oil continues to rally with the nearby contract trading higher this morning at US$66.87 per barrel. Oil continues to rally due to U.S. threats to Iran. The Canadian dollar is trading sideways this morning with the nearby contract at 72.99 U.S. cents. Canola is trading lower this morning with the nearby contract down C$1.30 to […] Read more
Prairie Weather
There is another system pushing into northern B.C. and Alberta which will become the next clipper to impact the Prairies. This system will track further north than yesterday’s system and will result in most of the snowfall pushing into the northern Prairies. The bulk of the snowfall will push into the non-agricultural areas of northern Saskatchewan […] Read more
Corn Exports Lead the Way
U.S. grain inspections for the week ending on February 19 were 2.0 million tonnes, which is the strongest weekly export number since last November. This brings the total exports to date to 37.7 million tonnes. The performance of the grain markets this year have been disappointing but the one bright spot has been the record […] Read more
Year-round food production coming to Saskatchewan First Nation
Federal investment will help build rapid composting and biofertilizer facility
Cowessess First Nation is planning to construct another sustainable project with the help of the federal government.
Sask. tree farm operator charged under immigration legislation
The offences are alleged to have occurred at a tree farm near Weyburn between May 2022 and August 2024
A Weyburn, Sask., man has been charged with three offences under foreign worker and immigration legislation.
Alberta-based Sunterra seeks appeal of cheque-kiting decision
In late January, an Alberta King’s Bench justice found the hog, food retail and greenhouse operator and president Ray Price were liable and owed about $35 million
Sunterra Farms has asked to appeal the court decision finding the company and principal Ray Price guilty of fraud against an American lender.
The Good, Bad & Ugly
The Good: Canola futures closed the day up by C$2.30 per tonne with the May contract settling at C$689.00 per tonne. This was good news for canola which continued the rally that began at the beginning of the year. The move higher today pushed the May contract to the highest level since last August. Soybean futures […] Read more