Reading Time: < 1 minute MarketsFarm — Excessive moisture in the eastern Canadian Prairies this spring may cut into pea acres in the region, as producers like to get the crop in the ground early. Canadian farmers intended to plant 3.55 million acres of peas for the 2022-23 crop year, according to a report from Statistics Canada. That would be […] Read more

Pulse weekly outlook: Late Prairie seeding may sway acres out of peas

Seeding already behind in Saskatchewan
Reading Time: < 1 minute MarketsFarm — Saskatchewan Agriculture on Thursday issued its first weekly crop report of 2022, showing only one per cent of all crops in the ground. The report cited cool temperatures and spring snowstorms holding back many farmers getting into their fields. The overall five-year average at this time of year is five per cent complete. […] Read more

Nutrien may further raise potash output as sanctions curb other supplies
Reading Time: 2 minutes Chicago | Reuters — Canada’s Nutrien, the world’s largest fertilizer company, is weighing further increases to potash production as sanctions continue to limit shipments from Russia and Belarus, interim CEO Ken Seitz said on Tuesday. Prices of crop nutrients such as potash have skyrocketed as sanctions against Russia for its invasion of Ukraine have disrupted […] Read more

Flood warnings raised in Manitoba, southeastern Saskatchewan
Flows could reach 2009 levels in Manitoba
Reading Time: 3 minutes MarketsFarm — Spring flooding in Manitoba’s Red River Valley could approach levels last seen in 2009, the highest water level since 1997’s “Flood of the Century,” according to the latest update from the provincial Hydrologic Forecast Centre. The centre is monitoring a precipitation system forecast for the April 29-May 1 weekend that is expected to […] Read more

High-path avian flu arrives in Manitoba poultry
More farms also hit in Saskatchewan, Alberta, Ontario, bringing total to 40 across Canada
Reading Time: 3 minutes Federal and provincial animal health officials have confirmed the arrival of highly pathogenic avian influenza on a commercial poultry operation in Manitoba, making it the seventh province so affected. The provincial ag ministry said Sunday that the Canadian Food Inspection Agency had confirmed high-path H5N1 avian flu in a commercial flock in the RM of […] Read more

Drought severity easing across much of Prairies, AAFC reports
Reading Time: < 1 minute MarketsFarm — Drought conditions persisted across much of the Prairies during the month of March, although the extent and severity of the dryness was reduced in many areas, according to the latest Drought Monitor report from Agriculture and Agri-Food Canada (AAFC). “While there have been substantial improvements to drought conditions across Western Canada since last […] Read more

Pulse weekly outlook: Saskatchewan growers wait for rain
Reading Time: 2 minutes MarketsFarm — As the snow melts on the Prairies, pulse growers are making their final preparations before seeding, while at the same time hoping not to see a repeat of last year’s historic drought. In Saskatchewan, snow cover has varied in pulse-growing areas, making some growers nervous. “There’s still a lot of concern about dryness […] Read more

Saskatchewan clarifying certain on-farm PST exemptions
More items to be specified as exempt in tax regulations
Reading Time: 2 minutes Saskatchewan farmers’ and ranchers’ concerns about some inconsistencies in how and when provincial sales tax is applied to purchases of on-farm equipment will be dealt with in a revised list effective late next week. The province said Wednesday in a budget release that a “number of clarifications” will be made to its Provincial Sales Tax […] Read more

Saskatchewan budget aims to spur ag investment
Potash, crude oil resource revenues help cut deficit
Reading Time: 3 minutes Sweetening existing tax credits on big-ticket investments, and setting up a new Crown corporation to support Indigenous investors, are among the items expected to help encourage new value-added ag projects in Saskatchewan’s latest budget. Provincial Finance Minister Donna Harpauer on Wednesday released her 2022-23 budget with $17.6 billion in expenditures on $17.2 billion in revenues, […] Read more

Prairie cash wheat: Bids rise in choppy activity
U.S. wheat futures up on week overall
Reading Time: 2 minutes MarketsFarm — Spring wheat bids across Western Canada moved higher during the week ended Thursday, although the uncertain situation in Ukraine saw some wide price swings in U.S. wheat futures. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $11.30-$16.30 per tonne, according to price quotes from a cross-section […] Read more