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Governments Invest In New Equipment and Resources For Grain Research

 
The governments of Canada and Manitoba will invest more than $366,000 in organic grain research at the University of Manitoba.  Terry Duguid, Member of Parliament on behalf of Federal Agriculture Minister Lawrence MacAulay and Manitoba Agriculture Minister Ralph Eichler announced this new initiative will be funded through Growing Forward 2 and will help mark National Organic Week, which runs September 17 to 25.
 
The funding, provided through the Grain Innovation Hub, will be used to replace field equipment used by the university's organic research program, including cultivators for grains, corn and beans, a comb-cutter, manure spreader, seeder and tractor. Governments will also help support two years of organic research at the university, totalling $50,000.
 
The University of Manitoba is celebrating 25 years of organic research, which began in 1992 with Canada's first study to compare organic and conventional crop production. Since then, researchers have explored many aspects of organic grain agronomy including weed and fertility management, cereal crop breeding for organic production and reduced tillage management.
 
The Grain Innovation Hub was announced by the Canada and Manitoba governments in May 2014. Its goal is to leverage $33 million in government and industry funding to ensure Manitoba remains a leader in grain research, production and processing.
 
The federal and provincial governments are investing $176 million in cost-shared programming in Manitoba under Growing Forward 2, a five-year, federal-provincial-territorial policy framework to advance the agriculture industry, helping producers and processors become more innovative and competitive in world markets.
 
 
Source : Agriculture and Agri-Food Canada

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Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?

Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?


Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
Our China U.S. soybean purchase tracker is now at 26.6% or a total of 3.2 mmt but for traders it’s taking too long to unfold.
The final Stats Canada production report was bearish canola and wheat projection a record crop in both (it adds to the global glut of supplies) and bullish local corn and soybean prices in Ontario/Quebec thanks to a drought. It will not help the fund flow short-term, the USDA may need to offset it?
A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
More inflows into Bitcoin this past week saw prices rebound back above 90,000 with support at 82,000 and resistance at 96,000.
A V-shaped bottom in cattle suggest the lows are in after Mexico reported another new world screwworm case. Lower weights, seasonal demand and higher U.S. beef select/choice values with a continued closure of the Mexican border to cattle will result in a resumption of higher cattle futures into yearend.
Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.