Farms.com Home   News

Saskatchewan's Agriculture Biotechnology Sector Benefits From $9.5 Million Funding Over The Next Five Years

Today, Parliamentary Secretary Francis Drouin, on behalf of federal Minister of Agriculture and Agri-Food Marie-Claude Bibeau, and Saskatchewan Agriculture Minister David Marit announced a funding agreement with Ag-West Bio provided under the Sustainable Canadian Agricultural Partnership, a federal-provincial-territorial initiative. Ag-West Bio will receive $9.5 million over the next five years to advance their work in the province's agriculture biotechnology sector.

“Investing in research and biotechnology drives sustainable growth for Canadian producers and industry,” said Drouin. “Now more than ever, farmers need access to cutting-edge technology and innovation to be competitive and successful, and Ag-West Bio’s work is an important step to ensure Saskatchewan’s biotech network continues to thrive so producers can see benefits down the line.”

"Ag-West Bio is a key organization that connects businesses, entrepreneurs and scientists so that we advance research into the hands of producers and industry," Marit said. "This investment continues to illustrate government's priority toward agriculture research and the benefits it brings to the province."

Click here to see more...

Trending Video

Could Soybeans Become the "King" of US Crops??

Video: Could Soybeans Become the "King" of US Crops??

Bloomberg's report highlights soybeans' potential ascent to America's top crop, fueled by soaring demand for soybean oil driven by President Biden's green energy agenda. This shift threatens corn's dominance as EV adoption reduces ethanol demand. Today's USDA Prospective Plantings report unveils projections of decreased corn acreage and increased soybean acreage, alongside larger stockpiles of corn, soybeans, and wheat..