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Boosting Canada's Global Expertise in Water Security and Precision Agriculture Research

Two innovative research centres at the University of Saskatchewan (U of S) will bolster their expertise in water security and agricultural technologies thanks to an investment of over $2.7 million from the Government of Canada.

The Honourable Ralph Goodale, Minister of Public Safety and Emergency Preparedness, made the announcement today on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for Western Economic Diversification Canada.

The Global Institute for Water Security (GIWS) will receive more than $1.3 million to establish the Smart Water Systems Laboratory to deliver transformative technological capabilities for water-related observation and data collection. The facility will develop and commercialize sensors and software to improve forecasting and prediction tools for water-related threats such as floods and droughts.

The Global Institute for Food Security (GIFS) will receive more than $1.3 million for the creation of the Omics and Precision Agriculture Laboratory (OPAL), which supports state-of-the-art precision agriculture using high-throughput digital phenotyping of crops integrated with genomics data and analysis expertise. Precision agriculture processes and products developed by OPAL will be clean technologies that can improve crop yields and quality, while mitigating negative environmental impacts and over-use of valuable resources like soil nutrients and water.

Source: CISION


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The 12-day war between Iran-Israel came to an end sending crude oil futures plunging as the big fund speculators removed the war risk premium.

The weather risk premium in the Ag complex is sending corn, wheat and soybean futures lower on month-end selling ahead of the market moving USDA quarterly grain stocks and acreage reports on June 30th.

Instead, funds were chasing and sending tech stocks higher with the S&P 500/NASDAQ indexes setting new all-time record highs!

June 1 USDA Hogs and pigs report was slightly bearish while the U.S. $ Index traded to new contract lows as the de-dollarization that began in 2014 continues.

Feed in the form of soybean meal futures for livestock producers got cheaper, trading to new contract lows.

The Stats Canada seeded acreage update was bullish canola and wheat.