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Finance Minister Chrystia Freeland arrives to a news conference prior to delivering the budget in the House of Commons in Ottawa on April 19, 2021. (Photo: Reuters/Blair Gable)
General, Machinery, Weather

Federal budget to offer direct payments to farmers for carbon pricing

Other new 'green growth' funding also on deck

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The federal government’s 2021 budget offers up new spending to support farmers combatting climate change through targeted investments — and, in some cases, direct payments. Finance Minister Chrystia Freeland released the budget Monday, showing the majority of new spending will take place over three years and be largely focused on “green growth.” “Budget 2021 announces […] Read more
Conservative Party leader Erin O’Toole speaks at Parliament Hill in Ottawa on Nov. 19, 2020. (File photo: Reuters/Blair Gable)
General, Machinery, Weather

Conservatives’ new climate plan puts price on carbon

New poll ranks carbon tax costs highest among farmers' springtime concerns

By
Canada’s ag sector is expected to serve as a carbon sink, a renewable fuel source and a beneficiary in the federal Conservative Party’s new climate change plan — which now includes putting a price on carbon. Party leader Erin O’Toole announced the new plan Thursday — after a long campaign of vehemently opposing such policy. […] Read more
Federal Finance Minister Chrystia Freeland appears at a news conference in Ottawa on Sept. 24, 2020. (Photo: Reuters/Blair Gable)
General, Machinery, Weather

Agriculture, agrifood wish lists pile up ahead of long-delayed budget

Freeland's budget due out Monday afternoon

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Agriculture and agrifood sector stakeholders will learn Monday which of their requests make their way out of the pile and into a long-awaited federal budget. Federal Finance Minister Chrystia Freeland’s 2021 budget is scheduled to be released Monday in the House of Commons, at about 4 p.m. ET. Canadians didn’t get a 2020 budget: it […] Read more
Chickpeas. (Grigorenko/iStock/Getty Images Plus)
Crops, Markets, Pulses, Weather

Pulse weekly outlook: Seeding numbers may exceed USDA expectations

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MarketsFarm — The U.S. Department of Agriculture’s (USDA) prospective plantings report, delivered March 31, provided a mixed bag for pulse growers in that country as far as the numbers are concerned. Some analysts, however, believe the actual acres seeded will top USDA’s projections. Increasing demand from China, India and a recovering domestic market have raised […] Read more
Prairies hit hard by drought
Crops, Weather

Prairies hit hard by drought

Parts of south-central, southwestern Manitoba among driest

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MarketsFarm — A new nationwide drought map released by Agriculture and Agri-Food Canada’s Canadian Drought Monitor (CDM) shows just how dry conditions are in the Prairies, especially in Manitoba and Saskatchewan. Areas in southern Manitoba and southern Saskatchewan have experienced at least six months of drought conditions, according to CDM’s drought assessment as of March […] Read more
Percentage of average precipitation in Western Canada for the 90 days ending April 5, 2021. (Agriculture and Agri-Food Canada map)
Crops, Forages, Weather

Manitoba forage, grassland growers burned by drought

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MarketsFarm — An ongoing lack of precipitation, which is showing no signs of letting up in the coming months according to weather forecasts, is already causing problems for Manitoba’s forage and grasslands. Growers in the province have had to deal with three straight years with lower-than-normal precipitation. In 2019, multiple rural municipalities in Manitoba’s Parkland […] Read more
ICE May 2021 canola with Bollinger (20,2) bands. (Barchart)
Canola, Crops, Markets, Weather

ICE weekly outlook: Canola fundamentals still strong in volatile market

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MarketsFarm — ICE Futures canola contracts moved higher during the week ended Wednesday, with the largest gains in the old-crop months amid ongoing concerns over tight supplies. Day-to-day activity could remain volatile at times, but underlying fundamentals should remain supportive heading into the 2021 growing season, according to an analyst. While canola futures have traded […] Read more
MGEX May 2021 spring wheat (candlesticks) with 20-day moving average (gray line) and CBOT May 2021 wheat (orange line). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Wheat lifted on spring planting concerns

Near-term tightness in world supply underpins soy, corn

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Chicago | Reuters — Chicago wheat futures gained on Wednesday, following the Minneapolis Grain Exchange’s hard red spring wheat higher on concerns that dryness across the U.S. Great Plains could affect spring wheat plantings. Chicago corn gained ahead of the U.S. Department of Agriculture’s monthly supply and demand report on Friday, which is expected to […] Read more
(Lightguard/iStock/Getty Images)
General, Weather

Saskatchewan to pare school tax mill rate for farmland

EPT mill rates to rise for residential, other properties

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Saskatchewan’s latest budget taps down the education property tax (EPT) mill rate it sets on farmland, while raising those mill rates on other property classes. The provincial government, in Tuesday’s budget, set the provincewide EPT mill rate on agricultural land for 2021 at 1.36, down slightly from the previous rate of 1.43. EPT mill rates […] Read more

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