Governments of Canada and Saskatchewan Announce Extension for Livestock Water Project Applications

Jan 19, 2022

Regina, Saskatchewan – Agriculture and Agri-Food Canada - The Governments of Canada and Saskatchewan are pleased to announce an extension to the Farm and Ranch Water Infrastructure Program (FRWIP) deadline for livestock producers planning to access the previously-announced temporary enhanced FRWIP funding.

Along with the drought conditions experienced in 2021, producers also found it is difficult to source materials and contractors to construct their water development projects. Due to these circumstances, the governments have adapted FRWIP to allow livestock producers who plan to claim over $50,000 in rebates to submit a preliminary application by March 31, 2022 to complete their project(s) and submit for rebate by Sept. 30, 2022.

On July 14, 2021, the Government of Saskatchewan announced changes to temporarily increase the maximum funding a livestock producer can receive from the Farm and Ranch Water Infrastructure Program for dugouts, wells and pipelines. For the period April 1, 2021 to March 31, 2022, the maximum rebate, for livestock producers only, increased to $150,000. The first $50,000 is based on a 50-50 cost-share and the remaining $100,000 is a 70-30 government-producer cost-share.

Source : canada

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!

Corn and soybean yields in Ontario reached record highs in 2021

Emmertech has $60M fund to help fuel Canada as a global agtech leader