Sixteen projects to help support Indigenous-led food system initiatives will receive $4 million from the federal government. “Our government is working to create a more inclusive agriculture sector that respects the values of Indigenous Peoples,” Agriculture Minister Marie Claude Bibeau said in a statement Friday. “These investments are intended to ensure that Indigenous Peoples have […] Read more
Indigenous-led ag projects get federal funding
Funding to support business planning and other studies
CNH to buy Raven Industries
Heavy equipment maker to pay US$2.1 billion for precision ag firm
The parent company behind Case IH, New Holland, Flexi-Coil and Steyr farm equipment is set to absorb a significant U.S. supplier of precision ag tech to its product lines and others. CNH Industrial on Monday announced a friendly all-cash agreement to buy up all shares in Sioux Falls, South Dakota-based Raven Industries for about US$2.1 […] Read more
Flea beetles a nuisance for canola crop
[UPDATED: June 22, 2021] MarketsFarm — Western Canada’s canola crop has been hit hard by hot, dry weather so far this growing season in the midst of ongoing drought conditions — which may also be aiding another threat. *Across the Prairies, flea beetles are an oft-seen pest that feeds on both canola and mustard seedlings, […] Read more
U.S. grains: Corn, soy, wheat up after sell-off
Some traders feel Thursday's sell-off overdone
Chicago | Reuters — U.S. corn, soybean and wheat futures rose sharply on Friday, rebounding from steep declines a day earlier on bargain-buying ahead of the weekend and uncertainty about weather in the Midwest crop belt, analysts said. Fresh export interest lent support as this week’s break in futures appeared to stimulate demand. Chinese state-owned […] Read more
U.S. refiners amass biofuel liability as Biden mulls relief
Open RIN positions could hit refiners' earnings
New York | Reuters — U.S. merchant refiners have amassed up to a US$1.6 billion shortfall in the credits they will need to comply with U.S. biofuel laws, according to a Reuters review of corporate disclosures, an apparent bet that the Biden administration could let them off the hook or that credit prices will fall. […] Read more
Feed weekly outlook: Rains, demand keep bids down
MarketsFarm — While recent wet weather on the Prairies has helped bring down prices for feed grains, demand — or a lack thereof — has been another primary factor. “The rains have definitely affected (prices) a bit, but probably not to the extent demand has,” said Erin Harakal, trade manager for Agfinity at Stony Plain, […] Read more
U.S. grains: Corn, soy plunge on weather, broad commodities sell-off
CBOT wheat follows trend lower
Chicago | Reuters — U.S. corn and soybean futures fell sharply on Thursday, pressured by outlooks for rain and cooler temperatures in the Midwest crop belt, as well as spillover from broad-based selling in the commodities sector, analysts said. Wheat followed the weaker trend, with seasonal pressure noted from the U.S. winter wheat harvest. Chicago […] Read more
College farms, GFM Discovery Farm to get smarter together
Two Alberta colleges sign on for new CAAIN-backed network
A pair of Alberta college farms and Glacier FarmMedia’s Saskatchewan farm are the first to plug into a national network of “smart farms” to improve the ag sector’s smart technology experience. The Olds College Smart Farm will lead the Pan-Canadian Smart Farm Network, which will also include Glacier FarmMedia Discovery Farm at Langham, Sask. and […] Read more
Clean ag tech adoption fund open for applications
Intake open and ongoing for Agricultural Clean Technology Program
A federal program farmers can use to invest in “cleaner” on-farm equipment — including money specifically for more efficient grain dryers — is now taking applications. Federal Agriculture Minister Marie-Claude Bibeau on Wednesday announced the $165.7 million Agricultural Clean Technology Program is “now open to applicants.” First launched in 2018 and earmarked for expansion under […] Read more
BHP delaying decision on Saskatchewan potash project
Jansen mine decision to be delayed by a few months
Melbourne | Reuters — BHP Group expects to present its board with a decision on whether to proceed with its Jansen potash project in Saskatchewan in a few months’ time — rather than mid-year — after choosing between two port options, an executive said on Thursday. The world’s biggest miner has estimated the project at […] Read more
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