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New funding supports farmers, takes action on climate resiliency

To help combat the effects of climate change on B.C.’s long-term food security, new funding is helping farmers and ranchers protect their operations by adopting regenerative agriculture practices, improving farms’ drought resilience and reducing greenhouse gas emissions.

“B.C. farmers and ranchers are stewards of the land, and this funding will help them improve their farms’ sustainability and efficiency, while reducing their operating expenses,” said Lana Popham, Minister of Agriculture and Food. “Helping livestock and crop producers prepare for drought and adopt regenerative farming methods is good for B.C.’s environment and meeting greenhouse gas reduction targets, as well as our provincial food security and economy.”

The funding will help B.C. farmers and ranchers better prepare for dry spells by supporting the building or expansion of on-farm water storage facilities; upgrading dams, reservoirs and irrigation systems used for livestock and crops; and the adoption of regenerative agricultural practices.

B.C. producers will also be able to undertake projects that support capturing and storing carbon in soil (also called carbon sequestration) through the establishment, enhancement, protection and management of native range and riparian habitats. Additional funding will focus on helping farmers improve on-farm energy-efficiency projects, such as grain dryers and developing bio-gas systems.

The projects are being funded through a $4.4 million increase to the Beneficial Management Practices program from Budget 2022. The funding is part of the Province’s CleanBC program and will help meet the goals of the new Climate Preparedness and Adaptation Strategy.

“We’re helping local farmers prepare for climate change so that the soil we all depend on continues to produce food into the future and absorbs more climate-damaging greenhouse gases, keeping it out of the atmosphere,” said George Heyman, Minister of Environment and Climate Change Strategy. “This investment is an important part of our CleanBC Roadmap and our Climate Preparedness and Adaptation Strategy. By working together with agricultural producers, we’re building a cleaner, stronger future for everyone that protects our incredible local food system, enhances natural habitats and reduces emissions at the same time.”

Source : news.gov.bc.ca

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Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”

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.
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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.
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