Farm news Archives - Page 24 of 29 - Manitoba Co-operator

Canada inflation creeps higher in April

Central bank under pressure for another interest rate hike

By Dale Smith, Julie Gordon, Nichola Saminather, Steve Scherer June 1, 2022

Canada’s annual inflation rate ticked up again in April, official data showed May 18, exceeding analyst expectations and upping the pressure on the central bank to raise interest rates to keep price expectations in check. Headline inflation hit 6.8 per cent in April, just beating analyst forecasts that the annual rate would stay flat at

File photo of grain bins in Saskatchewan. (Chinaface/iStock/Getty Images)

Markets

Over half Canada’s farm revenue now goes to biggest farms, census finds

More women operators, more sustainable practices, more growing under glass

By Dave Bedard, GFM Network News May 12, 2022

While it shouldn’t surprise anyone that the number of larger farms by sales in Canada is rising and the number of smaller farms is declining, Canada’s newest ag census also shows larger farm classes now capturing the majority of total ag revenue. Statistics Canada on Wednesday began releasing data from its 2021 Census of Agriculture,

News

MASC joins AGVisorPRO expert list

Young farmers will be able to connect directly with MASC lending advisers through AGVisorPRO

By Alexis Stockford May 10, 2022

Young producers are the main target of a pilot program between the Manitoba Agricultural Services Corporation (MASC) and connectivity platform AGVisorPro. On April 19, AGVisorPRO announced that lending experts from MASC would be joining the list of professionals it offers access to through its digital service. AGVisorPRO says adding MASC to its list of quickly

Markets, Weather

AgriStability enrolment deadline extended for 2022

Two-month extension in place for fourth year in a row

By Dave Bedard, GFM Network News April 29, 2022

The deadline for Canadian farmers to enroll in AgriStability has been extended for two months — making 2022 the fourth year in a row with a enrolment deadline bump for the farm income stabilization program. The enrolment deadline without penalty for the 2022 program year was previously scheduled for this Saturday, April 30, but is

Finance Minister Chrystia Freeland holds a news conference before delivering the 2022-23 budget in Ottawa on April 7, 2022. (Photo: Reuters/Blair Gable)

Weather

Supply chain improvement funds pledged in federal budget

Money also added for support of TFWs, P.E.I. potato sector

By Dave Bedard, GFM Network News April 7, 2022

The federal government’s release last week of its Emissions Reduction Plan has turned out to be the spoiler for new ag funding in Thursday’s 2022 budget — although more money is also pledged to help strengthen cross-country supply chains generally. Finance Minister Chrystia Freeland on Thursday laid out a federal budget with about $452.3 billion

Prime Minister Justin Trudeau speaks to media at the GLOBE Forum 2022 in Vancouver on March 29, 2022. (Photo: Reuters/Jennifer Gauthier)

Weather

Canada lays out $9.1 billion roadmap to meet 2030 climate targets

About $1 billion earmarked for new or expanded ag programs

By GFM Network News, Nia Williams March 30, 2022

Reuters — Canada released its first real roadmap to meeting 2030 climate targets on Tuesday, laying out detailed plans and $9.1 billion in new spending to cut planet-warming carbon emissions after years failing to meet its goals. The Emissions Reduction Plan (ERP) is the first time Canada has had a comprehensive plan, rather than just

News

Stocking up for a shortage-plagued spring

There’s a long list of ag products under supply strain while one of farming’s busiest seasons is about to ramp up

By Alexis Stockford March 17, 2022

This isn’t going to be one of those springs where you can stroll into your local ag retailer and be confident you’ll be leaving with everything you need. Supply chain issues of all stripes have kept inventories of all kinds across the country depleted, even as spring approaches. The list of ag products facing supply

Charles Baron and partners brought FBN to Canada in 2017, buying Saskatchewan-based Yorkton Distributors. (FBN video screengrab via YouTube)

Crops, Markets

Antitrust probe in ag inputs dropped

Communications over FBN still 'concerning,' Competition Bureau says

By Dave Bedard, GFM Network News March 15, 2022

Allegations suggesting ag chem sector players tried to derail an online farm-supply firm’s business in Western Canada haven’t turned up enough evidence for federal regulators to probe the matter further. Canada’s Competition Bureau announced Tuesday it’s now closed an investigation it launched in 2019 over allegations brought forward by the Canadian arm of Farmers Business

Markets

Rate of rise in farmland value ‘surprised’ in 2021

Canada books 8.3 per cent year-over-year increase, FCC reports

By Adam Peleshaty, GFM Network News March 15, 2022

MarketsFarm — Despite a year of economic uncertainty due to extreme weather, reduced crop yields and the COVID-19 pandemic, the value of Canadian farmland rose by its highest rate in four years, according to a report from Farm Credit Canada (FCC). FCC’s report, released Monday, revealed that the national average value of farmland increased by

Markets, Other

Gasoline, diesel prices set to continue rising

By GFM Network News, Glen Hallick - MarketsFarm February 17, 2022

MarketsFarm — The steady rise in crude oil prices is based on three factors, according to Tom Kloza, global head of energy analysis for Oil Price Information Service at Lakewood, N.J. One of those factors is the amount of crude oil produced by members of the Organization of Petroleum Exporting Countries (OPEC), along with some

Daily Network News

Russian grain ship believed sunk in Ukrainian drone attack found, towed to shore, TASS says

Striking JBS workers to return to Colorado plant on promise of talks

Canadian finance minister talks supply chain integrity, pork tariffs with Chinese vice premier

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