Farms.com Home   News

Farm Groups Generally Pleased With Saskatchewan Budget

The Agricultural Producers Association of Saskatchewan is not surprised by the Province's deficit.
 
President Todd Lewis says we've seen a major shock to the economy with COVID-19 and when you don't cut spending, revenues are down and taxes haven't been raised,  the government was in a difficult spot but feels most people are satisfied.
 
"I think overall, the ag budget has remained constant that's the good news part of it. We see continued long-term predictable funding on the research side of things. Saskatchewan really, in a lot of ways leads the country, the province here as far as agricultural research, you know, based on a lot of the University of Saskatchewan but other sites as well around the province. The provincial government has been a big part of supporting that over the years, and it really has been an investment that's paid great dividends."
 
The Provincial Budget yesterday earmarked some additional funding for highways and roads, $520.1 million for investments into capital projects on some key corridors, and $33.1 million in transfers related to municipal infrastructure.
 
SARM president Ray Orb says a portion of that money will go to the Rural Integrated Roads for Growth Program.
 
"With that, we'll be able to build, we're estimating at least 100 RM roads, 100 bridges over the next four years. So, that's some of the stimulus funding that we've received, we're quite pleased about that as well. You know, we still have our clearing the paths, roads our corridors, you know, the funding that goes with that. So, I think that would be really money well spent in today's economy."
 
The Western Canadian Wheat Growers Chair Darryl Fransoo says he's pleased to see the government's commitment to fund some key areas for agriculture.
 
"Research is so important when it comes to agriculture and I think that's the best return on investment that the government gets. So we're glad to see that they're maintaining or increasing those levels a little bit, even during pandemic times where the budget is a little squirrely."
 
He notes the budget provides the appropriate levels of support for the agriculture industry, especially during a pandemic.
Click here to see more...

Trending Video

2026 USDA June Crop Report Neutral + U S HRW LOWEST SINCE 1965!

Video: 2026 USDA June Crop Report Neutral + U S HRW LOWEST SINCE 1965!

There were no big surprises in the USDA June report as it historically is not a market moving report, but U.S. HRW production was lowered by 18 million bushels. The June USDA crop report was neutral- higher global stocks & South American production offset lower U.S. wheat and higher U.S. corn exports.
Crude oil breaking lower technically on news of a peace deal with Iran.
Elon Musk is now a trillionaire with the debut of the SpaceX IPO today!
Markets pricing in a 2026 U.S. corn yield at 187 bpa with the worst start to June in 50+ years on non-threatening weather that remains a “wild card".
El Nino has arrived according to CPC.
U.S. wholesale Gulf urea prices plunged 81.3%.
The spreading of screwworm in the U.S. is BULLISH cattle long-term.
+ CFTC fund flow.