Canadian farmers' realized net income declined by nearly 26 per cent in 2024 according to preliminary data from Statistics Canada. This was largely driven by declines in crop receipts as prices fell.
Farmers’ realized net income fell $3.3 billion in 2024: StatCan
Livestock receipts rose across all sectors except poultry; crop receipts fell
Drought developing in northern Saskatchewan agricultural region
Almost no rain has fallen since April 1 in Nipawin and Prince Albert
In the 30 days of April, Nipawin received one millimetre of precipitation. In the first 27 days of May, the Environment Canada weather station in Nipawin recorded 1.5 mm of rain and snow.
Manitoba Crop Report: Dry conditions speed up planting
Dry conditions allowed Manitoba farmers to accelerate seeding to 85 per cent completion during the week ended May 25, 2025.
Prairie forecast: Mostly warm and dry weather expected
Forecast issued May 28, covering May 28 to June 4, 2025
We start off with high pressure dominating most of the Prairies. A large surface high is sitting over the north-central U.S. This is beginning to tap into more heat and moisture, which will allow for warmer daytime highs and nighttime lows as dewpoints creep up.
General Mills restructures as company deals with choppy demand
General Mills said on Tuesday it would record a charge of about $70 million in its current quarter, mainly reflecting severance expenses, as part of the Cheerios cereal maker's restructuring efforts.
USDA mission to travel to Mexico with eye toward lifting cattle import suspension, Mexico says
A mission representing the U.S. Department of Agriculture (USDA) will travel to Mexico in the coming days, Mexico's agriculture ministry said on Tuesday, and could then lift its suspension of Mexican cattle imports.
Changing spread, prevalence of animal diseases causes new challenges for food, agriculture
World Organization for Animal Health releases State of World’s Animal Health report ahead of general session
Animal health is a critical component of public health, food security and economic stability in an increasingly interconnected world, says the World Organisation for Animal Health (WOAH) in its inaugural report.
U.S. grains: Wheat falls on rain in growing regions
Chicago wheat fell for a third straight session on Tuesday, as rain in growing areas of the U.S. Plains improved moisture for the crop, reinforcing expectations of a well-supplied market, according to analysts.
U.S. livestock: Cattle fall on unconfirmed screwworm report
Chicago cattle futures fell on Tuesday as an unconfirmed report of a case of New World screwworm led to a sell-off.
Klassen: Lower beef production forecasts support feeder complex
Improving feedlot margins contributed to the stronger feeder market. Alberta packers were buying finished cattle on a dressed basis at $500/cwt delivered which was fresh record high. Using a 60 per cent grading, this equates to a live price of $300/cwt. Feedlot breakeven pen closeouts are in the range of $260-$270/cwt. Feedlots are anxious to reload and larger groups of quality packages are limited at this time of year.
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