News

• Canola prices are expected to rise following AAFC's new stock report
• Urea prices have dropped due to the reopening of the Straight of Hormuz

Livestock & Feed Trends

• Feeder prices jumped this week, with Alberta seeing record highs

• Reports from the US claim that biofuel is the only industry keeping crop-based agriculture profitable
• Mere months after purchasing, P&H sells three grain elevators to Cargill
• Calls to move Monette Farms' feedlot (SK) are mounting, in order to keep the feedlot in operation instead of sold off and closed

• Senate released a report this week highlighting the necessity of risk management tools beyond current BRM programs
• In response to fertilizer strain, blended fertilizers may provide better returns on investment and nutrient use efficiency
• Canola Council of Canada is recommending herbicides and insecticides (where labels allow) can be combined into one pass
• A team at the University of Manitoba is using field data to improve real-time crop modelling (yield predictions, sustainability)

• National Food Security Strategy and the $3 billion funds promised until 2036, still dominates agrifood news this week
• Members of the Grocery Code of Conduct claim reluctance to file complaints out of fear of retaliation and impacts to farm-to-retail power dynamics
• SoyCanada boosts market access to farmers by expanding its sustainability verification program