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Carbon Tax, Cost Of Grain Drying Discussed This Week In Ottawa

The country's agriculture ministers met this week in Ottawa.
 
Blaine Pedersen is Manitoba's Minister of Agriculture and Resource Development.
 
"When we were having our discussions with the federal minister, we certainly reiterated the cost of the carbon tax on propane and natural gas use for drying the crops," he said. "There's a lot of drying that happened this fall. She has asked us to put together some numbers in Manitoba's case, what the extra cost will be and so we'll be reaching out to the farm community to pull together some of the numbers, because I know they are substantial."
 
Other topics of discussion at the meeting included Business Risk Management, African swine fever, and trade issues.
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Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.