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Wheat Growers Say Federal Budget Not Based On Reality

Western Canadian Wheat Growers released the following statement in regards to the 2021 Federal Budget:
 
In analyzing the 2021 Federal budget, the Western Canadian Wheat Growers see little that will benefit grain farmers. Agriculture has been a strong contributor to Canada’s economy during COVID-19 and should be supported accordingly. Grain farmers have been early adopters of the latest technology that maximizes production and minimizes costs, but the 2021 budget recognizes none of this.
 
“I have trouble downloading software for my equipment now and cannot wait for Earth Observation Satellites to be designed and sent into space. The federal government has stated it wants a 30% reduction in GHG by limiting nitrogen fertilizer use but has never consulted industry or farmers if this is even achievable,” said Cherilyn Jolly-Nagel, SK Director and Past President.
 
Prairie grain farmers adopted low-till farming techniques decades ago and yet have no recognition for the great work that they have done. According to Canadian data, grain farmers are already a net-zero industry.
 
“It is staggering to think that the federal government wants grain farmers to adopt commercially available clean technology by moving off diesel and assist with the purchase of more efficient grain dryers – this is an odd proposal and suggests that the farmers don’t already adopt the newest innovations that have proven benefits… which couldn’t be further from the truth,” said Margaret Hansen, SK Director.
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Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.