Farm cash applications have increased year over year despite the lower interest exemption, program administrators say
Glacier FarmMedia – This year’s federal Advance Payments Program began with a reduction in the interest-free portion of the loan, but it has been humming along since its April 1 launch. As of June 10, the Canadian Canola Growers Association, the largest administrator of the program with about 95 per cent of APP dollars loaned […] Read more
Cereals Canada board ‘strongly supports’ new building
WINNIPEG — Saying its refreshed board of directors “strongly supports” its plans for the Global Agriculture Technology Exchange, Cereals Canada is now trying to turn its vision into reality. “It will allow us as Cereals Canada to maintain our globally recognized best-in-class expertise needed for today’s global markets,” chief executive officer Dean Dias said June […] Read more
Weather, pests cause headaches for farmers
Widespread heavy rain late last week expected to help some and hinder others as a major system hit western Prairies
REGINA — June threw a little bit of everything at Prairie crops except for the heat they need to advance. Rain continued to fall last week in regions that have already had enough and others that still need more. On June 28, heavy rains were reported through central Alberta and Saskatchewan agricultural areas, flooding social […] Read more
U.S. seeks cause of avian flu spread
The U.S. Food and Drug Administration announced late last month that it will test an additional 155 dairy products to ensure pasteurization eliminates bird flu. Meanwhile, officials from the U.S. Department of Agriculture are trying to figure out what could be driving its spread. In April, the FDA said it found trace amounts of the […] Read more
Soil moisture deficit persists
Rainfall on the Prairies is much greater this year than last, though water expert Phillip Harder warns against setting high hopes for a continuing positive situation. “2023 winter, so Oct. 1 up until April 15, we had 140 millimetres of precipitation,” said Harder, research associate at the Global Institute for Water Security at the University […] Read more
Yorkton manufacturer for sale
REGINA — The receiver is looking for potential buyers of Leon Mfg. Co. Inc. in Yorkton, Sask. The company, along with Ram Industries Inc., was placed in receivership June 11 after numerous financial difficulties were reported and the company missed payments to BMO. It owes BMO more than $16.6 million. Ernst & Young on July […] Read more
Canfax report
This cattle market information is selected from the weekly report from Canfax, a division of the Canadian Cattle Association. More market information, analysis and statistics are available by becoming a Canfax subscriber by calling 403-275-5110 or at www.canfax.ca. Fed trade softens Alberta fed steers and heifers have traded softer for three consecutive weeks. Last week, […] Read more
WP livestock report
Hogs The U.S. national live price average for barrows and gilts on June 28 was $67.64. It was not available June 21. U.S. hogs averaged $89.17 on a carcass basis June 28, down from $86.04 June 21. The U.S. pork cutout was $97.89 per hundredweight June 28, down from $99.03 June 21. The estimated U.S. […] Read more
Fewer Russian, Ukrainian wheat exports could hike prices
The two countries are expected to export 59.71 million tonnes this year, down from 70.4 million tonnes in 2023-24
SASKATOON — The Black Sea region will be far less of a competitive threat in wheat markets in 2024-25, according to an agricultural markets research firm specializing in that region of the world. SovEcon is forecasting Russia will export 46.1 million tonnes of the crop, down from 52.2 million tonnes in 2023-24. Ukraine’s shipments are […] Read more
Wheat sector sees upside to clean fuel program
While American wheat growers say similar regulations threaten their crop, the Canadian industry is more optimistic
SASKATOON — Most of the talk about Canada’s new Clean Fuel Regulations has been about the opportunity it represents for canola, but there is another crop that could benefit. “There is potential for there to be a bump in demand for wheat driven by these regulatory policies,” said Shannon Sereda, director of government relations, policy […] Read more
