REGINA — Canada intends to offer cattle feeders incentives to reduce methane emissions. In a statement issued Dec. 10 Environment and Climate Change Canada said it had published a draft protocol, Reducing Enteric Methane Emissions from Beef Cattle, to encourage producers to make changes that would cut emissions from burping cattle. In return producers would […] Read more
News
Soybean prices have more upside than corn
SASKATOON — Todd Hultman is picking soybeans over corn in 2023-24. “If you want to hang onto one of them, soybeans definitely have the better bullish potential,” he told farmers attending the 2023 DTN Virtual Ag Summit. The United States Department of Agriculture is forecasting 245 million bushels of U.S. soybean ending stocks in 2023-24. […] Read more
COP28: US-UAE climate-friendly farming effort grows to $17 bln
(Reuters) — Funding for a joint effort by the United States and United Arab Emirates to advance climate-friendly farming around the world has grown to more than $17 billion, the countries announced Dec. 8 at the COP28 climate summit in Dubai. The Agriculture Innovation Mission for Climate (AIM for Climate) was launched in 2021 at […] Read more
VIDEO: New markets, products leave oat growers optimistic
Canada’s oats industry is looking forward to 2024 after a challenging 2023 that saw weak prices, lower acres and a mixed bag of production issues. But with both foreign markets and new product categories like oat milk continuing to expand, farmers, processors, grain companies and others at the Prairie Oat Growers Association annual meeting were […] Read more
India is back in business on peas
SASKATOON — India has temporarily dropped all pea import restrictions and that is breathing life into yellow pea prices. The restrictions have been lifted from Dec. 8, 2023, through March 31, 2024. “This is the first time in roughly six years that India has truly opened up to pea imports,” Greg Cherewyk, president of Pulse […] Read more
Warmer winter projected for key U.S. crop areas, long range predictions less clear
SASKATOON — John Baranick’s crystal ball is cloudier than usual. DTN’s agricultural meteorologist has had trouble finding good analog years to help formulate his winter, spring and summer forecasts for 2024. “We don’t have a whole lot of history to guide us, and the models are kind of all over the place,” he told delegates […] Read more
India suspends pea import duty
UPDATE: December 8, 2023 – 1415 CST – for the latest version of this developing story, click here. SASKATOON — India is temporarily dropping its prohibitive import duty on peas. The 50 percent duty is being removed starting Dec. 8, 2023, through March 31, 2024. “This is the first time in six years that we […] Read more
To fix or not to fix?
Like many other producers, Jake Ayre spends a fair amount of time on the following question: fix it or trade it in? “Every farmer probably has this case: do I pay that $50,000 repair bill on this combine or tractor? Or do I look at taking that $50,000 and putting it on a down payment […] Read more
Ag group concerned on global direction
Agricultural trade liberalization is being derailed by protectionist forces at a time when progress is needed more than ever, the new executive director of the Canadian Agri-Food Trade Alliance says. “Unfortunately, we’re maybe at a stage where we’re working more to prevent things from going backwards,” said Michael Harvey, who joined CAFTA this summer, after […] Read more
Farmers Edge aims to take company private
Beleaguered ag-tech firm Farmers Edge is considering an offer to buy back its shares for pennies on the dollar, it announced in a Nov. 16 news release. A non-binding proposal from majority shareholder Fairfax Financial Holdings Limited would see Fairfax acquire all common shares the company doesn’t already own at 25 cents per share. Farmers […] Read more
