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Listen: Farmers concerned about interest rate increases

MELFORT, Sask. – The Bank of Canada hiked its benchmark interest rate by 75 basis points to 3.25 per cent.

Farm Credit Canada Chief Economist J.P. Gervais says there will be impacts on the agriculture sector.

Alice McFarlane is the Agriculture Information Director for Pattison Media in Saskatchewan.

Tune in to Ag Access weekdays during the noon hour on 105 CJVR.

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The 2026 Trump/Xi Summit in China was one BIG disappointment, but the USDA May Crop Report was bullish U.S. wheat. Wheat Quality Council Tour confirmed the lower wheat production from the USDA for Kansas. Could the U.S. drought travel East and North into the top “I” states from June to August of 2026? #1 U.S. pork buyer Mexico bans 10% of supplies. E15 passes through U.S. Congress but will it pass in the Senate? Higher U.S. wholesale inflation reminds us of 2020-2022. Meal futures spiking + CFTC.