Farms.com Home   News

Farm Groups Launch Online Survey On Proposed Seed Royalty Changes

Canadian farmers are being asked to share their views on proposed changes to seed royalty structures for cereal crops in a new online survey.
 
Agriculture and Agri-Food Canada and the Canadian Food Inspection Agency held a series of public meetings over the winter to gauge feedback on two potential new models of collecting royalties on saved seed. The government consultation process is currently on hold; however, several prairie farm groups, including Keystone Agricultural Producers, would like to hear more from producers on the proposed changes before the consultations resume later this year.
 
“It is crucial that we hear from farmers and producers on the two new proposed models, because consultation with those who are directly affected ultimately leads to better decision making,” said KAP President Bill Campbell. “Our hope is that producers will take the time to get involved in this process and ensure their needs are met under a new royalty structure.”
Click here to see more...

Trending Video

U.S.-China Trade “Truce” + U.S. Fed Cuts Rates Again

Video: U.S.-China Trade “Truce” + U.S. Fed Cuts Rates Again


The market was hoping for a US-China trade deal, but we got a trade “truce” for now from the keenly awaited Trump-Xi meeting at the APEC Summit.
China commits to minimum purchase commitments of 12 MMT of U.S. soybeans during the “current season” and a minimum of 25 MMT annually through 2028.
U.S. Treasury Sec Bessent said other Asian countries have agreed to buy additional 19 MMT of US soybean.
Soybean futures trading above $11 now- they normally tend to rally to $12.
As expected, US Fed cuts interest rates by -0.25% again in October to 3.75%–4.00%. No further cuts promised for this year but trade looking out to the Dec FOMC.
The Bank of Canada cut interest rates to 2.25% but raised concern over trade war damage.
Soy meal futures, remarkably, have had 14 consecutive higher close sessions. A bull market in soybeans is a bull market in soy meal!
Cattle futures lower as funds unwind out of cattle for now due to Trump headlines and objective to lower beef prices.
All major stock indices climb to new record highs. It was Mag 7 reporting week, which had mixed results. But we now have the first $5 trillion company in Nvidia!