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Ag Minister Stewart Continues To Oppose Carbon Tax

 
A motion introduced yesterday into the Saskatchewan legislature was geared at sending a clear message to Ottawa about Saskatchewan’s opposition to the national carbon tax.
 
Agriculture Minister Lyle Stewart says the national carbon tax would add substantial costs for Saskatchewan’s producers.
 
"A smallish farm of 2,500 acres would be $10,000, now it might be more, some estimates have gone between $4 and $6 an acre," he said.
 
"That is on the low side, is $10,000 it could be $12,000 for a farm that size. If you double that, you get into an average commercial sized farm around 5,000acres. Then it is $20,000-$30,000 per year."
 
Stewart added the tax will have a devastating effect on the ag sector and the economy as a whole.
 
"We have said that we would introduce when our economy was stronger, some more reasonable level of carbon levy on major emitters and all of that fund would go into new technology like what we have built at the Boundary Dam 3," he said.
 
Source : Discoverestevan

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USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension


USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.