Reading Time: 4 minutes Alberta’s irrigation districts are getting a $5.5 million boost to an annual cost-share program for modernizing and rehabilitating infrastructure. The boost brings the districts’ total 2024 share to $19 million through the irrigation rehabilitation program (IRP), an agreement between the Alberta government, which contributes 75 per cent, and irrigation districts who fund the other 25 […] Read more
Alberta irrigation gets $5.5M boost
Replacing open canals is top priority in irrigation plans for funding
Russia declares federal state of emergency in 10 agricultural regions
Russia said on Friday it was declaring a federal emergency in 10 regions because of damage to crops resulting from frosts in May.
U.S. grains: Corn and soy futures rise on new Brazilian tax rule
Chicago Board of Trade corn Cv1 and soybean Sv1 futures rose on Thursday as news of tighter rules on industry tax credits in Brazil made traders and producers hopeful that it could boost U.S. export business, traders said.
Feed Grain Weekly: Prices drift down as seeding nears completion
The recent influx of moisture across the Prairies put pressure on feed grain prices, according to an Alberta-based trader.
Planting in Saskatchewan on the verge of completion
Spring planting in Saskatchewan moved into its final days as it advanced 17 points at 94 per cent complete as of June 3. Saskatchewan Agriculture noted that despite the speed seeding has been going it was a shade behind the five and 10-year averages of 97 per cent finished.
Strong Thunder Bay grain movement through May
The Port of Thunder Bay continues to see strong grain movement during the 2024 shipping season, with 923,700 tonnes moved in May, according to a report. That marked the second highest monthly grain total of the past two years and compares with 899,100 tonnes in May 2023.
Crop woes may lead Russia to narrow grain exports
Russian government says it may declare a nationwide emergency as frost, drought affects crop
Russia may narrow the spread of its grain exports in the new season due to crop problems, keeping supplies to its traditional markets, VTB board member Vitaly Sergeуchuk said.
CBOT Weekly: Selling, crop conditions drive price drops
Wheat prices led the way as the July Chicago contract fell 46 cents per bushel at US$4.46. The July Kansas City hard red wheat contract dropped 43.5 cents at US$6.7625/bu., while the July Minneapolis spring wheat contract lost 39.5 cents at US$7.1250/bu.
U.S. grains: Wheat falls as U.S. Plains harvest advances, Russia concerns ease
Chicago benchmark wheat Wv1 futures fell on Wednesday for the sixth day in a row, as progress in the U.S. winter harvest weighed on prices and concerns eased over the Russian crop, traders said.
Manitoba farmers make good progress despite rain
Spring planting in Manitoba entered the home stretch at 83 per cent complete as of June 5. Manitoba Agriculture reported a 19-point gain from the previous week as farmers contended with wet conditions across much of the province.
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