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All aspects of crop under review to save money

Many analysts and industry experts are pointing to the 2023 crop season as one of the most expensive on record. Input costs, soaring land values and rising equipment prices are testing farmers’ pocketbooks.

Farmers and companies gathered at this year’s Commodity Classic event looking for solutions to this problem, with agronomists trying to figure out exactly what aspect to focus on going into the year.

Derek Emerine, national agronomist with Helena Agri-Enterprises, said one of the major problems has been getting the right fertilizers out on farm ground in the face of higher input costs.

If farmers can be more specific about what their crop needs, they can get a more specialized product instead of adding a lot of products with nutrients they may not need, he said.

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Finding a Balance of Innovation and Regulation - Dr. Peter Facchini

Video: Finding a Balance of Innovation and Regulation - Dr. Peter Facchini

Regulations help markets and industry exist on level playing fields, keeping consumers safe and innovation from going too far. However, incredibly strict regulations can stunt innovation and cause entire industries to wither away. Dr. Peter James Facchini brings his perspective on how existing regulations have slowed the advancement of medical developments within Canada. Given the international concern of opium poppy’s illicit potential, Health Canada must abide by this global policy. But with modern technology pushing the development of many pharmaceuticals to being grown via fermentation, is it time to reconsider the rules?

Dr. Peter James Facchini leads research into the metabolic biochemistry in opium poppy at the University of Calgary. For more than 30 years, his work has contributed to the increased availability of benzylisoquinoline alkaloid biosynthetic genes to assist in the creation of morphine for pharmaceutical use. Dr. Facchini completed his B.Sc. and Ph.D. in Biological Sciences at the University of Toronto before completing Postdoctoral Fellowships in Biochemistry at the University of Kentucky in 1992 & Université de Montréal in 1995.