The City of Regina will be investing into the construction of a biofuel processing plant near the city. True North Renewable Fuels Ltd. (TNRF) asked City Council on Wednesday to approve a $1 million dollar grant, citing it was essential to the construction of the plant. Mayor Sandra Masters says the facility’s potential is exciting. […]
The application period for spring cash advances for farmers is now open. The federal program is administered by the Canola Growers Association. Finance director Dave Gallant says the program offers a cash advance up to one million dollars to farmers, with the first 100 thousand dollars interest free. Gallant says this is the earliest ever […]
A grain market analyst says wheat prices in Saskatchewan could jump as much as 50 cents a bushel in the next few months. The chief analyst at FarmLink Marketing Solutions, Neil Townsend, says there is a lot of uncertainty in grain markets due to several factors, including COVID-19. He says wheat is expected to increase […]
Regina based Protein Industries Canada has announced a $2.2-million investment in research to expand the use of pulse and canola crops. Protein Industries Canada CEO Bill Gruel says a partnership has been formed with two Ontario companies to turn pulse and canola crops into high protein food for use in hospitals and athletic consumers. He […]
Saskatchewan farmers exported a record amount of agricultural products in 2020 despite the coronavirus. Agriculture minister David Marit says the biggest exports were canola, wheat, and pulse crops. He says farm exports reached 16.9 billion dollars last year. He says it is incredible to see such an increase in one year, 31 percent increase […]
The Saskatchewan agriculture ministry says 24 more fields in this province have been found with the clubroot pathogen, which can devastate canola fields. Visible clubroot symptoms have been confirmed in 75 commercial fields since 2017. These results are compiled each year by survey and samples. Last year, 231 soil samples were submitted from across […]
Prices for major grains like canola and wheat could be on the rise in coming months. FarmLink Marketing Solutions Chief Analyst Neil Townsend, sees wheat prices rising 25 to 50 cents a bushel in coming months. However, he said weather will be an important factor because many growing areas in the world are dry. “All […]
Canola farmers in Saskatchewan are anticipating increased crop sales from Ottawa’s new clean fuel proposals. The federal proposals would see the use of canola oil as an extender in diesel rise from two percent to 11 percent by 2030. Canola council spokesperson Brian Innes says the proposals would lead to higher sales. He says some […]
More fuel is being added to an already hot canola market. Statistics Canada has reduced its estimate of the 2020 canola crop to 18.7 million tonnes, nearly 700,000 tonnes below the last projection. “You knock out 700,000 tonnes of production and you go from moderately tight stocks to intolerably tight,” said Ken Ball, a senior […]
Canola futures were on the rise again this week while spring wheat had downward pressure. P.I. Financial commodity futures advisor Adam Pukalo says canola was up 15 dollars a ton this week while spring wheat fell 6 cents a bushel. Pukalo says the January canola contract has risen 15 dollars a ton this week. He […]
