Farms.com Home   Ag Industry News

KAP Applauds New Farm Budget Moves

KAP Applauds New Farm Budget Moves
Mar 21, 2025
By Farms.com

Manitoba Budget 2025 Backs Farmers

Keystone Agricultural Producers (KAP) has shared its response to the recently announced Manitoba Budget 2025, presented by Finance Minister Adrien Sala. The budget outlines key priorities for the province, with a focus on agriculture and rural development. 

One of the main highlights for farmers is a future investment of $100 million aimed at helping them manage financial losses caused by international trade tariffs, particularly from the U.S. and China.  

“With tariffs from two of our largest trading partners, U.S. and China, as the top threat facing Manitoba farmers, we are encouraged to see a commitment in Budget 2025 to $100 million in future appropriations for support to mitigate financial losses for Manitoba farm operations,” said KAP General Manager, Colin Hornby. “KAP will continue working with the provincial government advocating to ensure Manitoba farmers get the support they need during these challenging times.” 

The budget also includes increased funding for agricultural programs and services, especially those that benefit new and young farmers. These include expanded loan options through Manitoba Agricultural Services Corporation (MASC) and enhanced support programs.  

“KAP supports the increases in funding and loan limits that will help Manitoba farmers manage their operations,” said KAP President, Jill Verwey. “These include $500,000 more for the Sustainable Agriculture Manitoba (SAM) program, the Young Farmer Rebate increasing to $40,000 and accompanying loan limit to $400,000, MASC direct loan limit increasing from $5.25 million to $5.75 million and the stocker loan limit from $1 million to $1.4 million.” 

While KAP welcomes these initiatives, it also urges the government to act on additional recommendations. These include eliminating the tax on farm properties and introducing a fairer funding model that doesn’t burden farmers. KAP also calls for Right to Repair legislation, enhanced Disaster Financial Assistance (DFA) programming, and greater engagement with Manitoba’s trade office in Washington, D.C., to support agricultural interests. 

Other key elements of Budget 2025 include $36.4 million to upgrade the Port of Churchill over two years, five additional seats for Manitoba veterinary students in other provinces, an increase in livestock predation compensation to $7,000 per animal, and $75,000 for rural veterinary services. 

KAP remains committed to working with the provincial government to ensure Manitoba’s farmers are supported and heard as they navigate ongoing challenges. 

Photo Credit: Keystone-Agricultural-Producers-logo


Trending Video

Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”

Video: Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”


After a week of a U.S./China trade truce, markets/trade is skeptical that we have not seen a signed agreement nor heard much from China or seen any details. There are rumors that China is buying soybean futures & not the physical. Trust in Trump?
12 MMT of U.S. soybean purchases by China by year-end is better than 0 but we all need to give it more time and give it a chance to unfold. China did lower the tariffs on Ag and is buying U.S. wheat and sorghum.
U.S. supreme court could rule against Trumps tariffs, but the Trump administration does have a plan B.
U.S. government shutdown is now the longest in history at 38 days.
But despite a U.S. government shutdown we will be getting a USDA November crop report next Friday and it could be “game changing.” If the USDA provides a bullish surprise with lower U.S. corn and soybean yields and ending stocks that are lower than expected both corn and soybean futures will break out above their ceilings at $4.35/bu and $11.35/bu respectively.
The funds continued their selling in live and feeder cattle futures on continued fears that the Trump administration want to lower U.S. beef prices. The fundamentals have not changed, only market psychology has.
Stocks markets continue to worry about a weak U.S. job market, but you can blame ChatGPT for that. In the future, we will have a more efficient, productive and growing economy with a higher unemployment rate until we have more skilled AI workers.
After 34 new record highs in the S & P 500 and 124 new records in the NASDAQ in 2025 we are back to a correction and investor profit taking as AI valuations may have gotten too stretched near-term ahead of NVDA’s 3rd quarter earnings announcement on Nov. 19th. But this is not an AI bubble.
75% of Tesla shareholders approved a $1 trillion pay package for Elon Musk!
It has rained in South America in the last 7 days, but both the American and European models agree that Central Brazil remains dry in the next 14-days!