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Sask. Receives $4M in Livestock, Forage Research Projects

Saskatchewan’s livestock industry received $4.2 million in funding today for 27 livestock and forage research projects. The funding support came through the Saskatchewan Agriculture Development Fund. Saskatchewan Agriculture Minister Lyle Stewart and MP Kelly Block made the announcement on behalf of Federal Agriculture Minister Gerry Ritz.

Research will focus on a number of livestock species such as - beef, swine, and dairy, as well as forages.  Block spoke about the importance that Canadian farmers put on agricultural research. “The livestock projects announced today will help producers innovate, which in turn will strengthen our economy here in Saskatchewan and across Canada,” said Block.

Projects will be spread over four research areas including:

• Develop new vaccines for hogs and beef cattle
• Find the best ways to improve yield and marbling in beef cattle  
• Increase reproductive fertility/efficiency in livestock
• Examine the effect of ergot-contaminated feed on cow-calf operations
• Create feed which will promote optimum performance in livestock
 


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Funds Ditch Ag Commodities, Chase Stocks Amid an End to Middle East War, & Trade Deal Buzz

Video: Funds Ditch Ag Commodities, Chase Stocks Amid an End to Middle East War, & Trade Deal Buzz


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.