Agriculture Roundup for Thursday, July 29, 2021
MELFORT, Sask.— Saskatchewan’s general farm group is calling on agribusinesses to offer financial flexibility to producers during this year’s drought.
Agricultural Producers Association of Saskatchewan president Todd Lewis said some farmers are expressing concern about forward supply contracts with grain companies.
“Now we are at a point where some of these contracts are going to need to be bought out,” Lewis said. “What are the penalties going to be and what are the deductions going to be? A lot of the contracts will have significant deductions for low bushel weight and things like that.”.
Lewis encourages farmers and suppliers to keep the lines of communication open during stressful times.