Proudly Canadian
Proudly Canadian
Watch for rising wedges in bear markets and falling wedges in bull markets, where they are most apt to occur
Red spring wheat grading No. 1 13.5 per cent protein reached $8 per bushel for the 2012-13 crop year. This is the highest price farmers have been able to lock in, since the open-market era was announced in mid-December 2011. True to form, wheat prices began their seasonal turn higher, just as the U.S. winterGas taxes are up, riparian credit is gone and nutrient management gets a 10 per cent tax credit in Manitoba’s 2012 budget
Farm leaders were underwhelmed by the first budget from Manitoba’s former agriculture minister. “I was with other farm leaders afterwards and we really didn’t have much to talk about,” said Doug Chorney, president of Keystone Agricultural Producers. Finance Minister Stan Struthers’ budget included a top-up of $15 an acre for Excess Moisture Insurance but that
