By Alice McFarlane

Agriculture Roundup for Thursday June 10, 2021

Jun 10, 2021 | 12:15 PM

MELFORT, Sask. — Livestock producers are enjoying a rebound in feeder cattle prices.

Canfax reported roughly 5,500 head were sold during the week ending June 4, which is ahead of the 2,000 marketed during the previous week.

Only three of the seven feeder steer weight categories were reporting. The 500-to-600-pound weight class averaged $227.00 per hundredweight, while the 600-to-700-pound category averaged $211.50. The 700-to-800-pound weight category ended the week at $196.79 per hundredweight.

On the heifer side, there was a $5.25 increase for 600-to-700-pound heifers which averaged $179.25 per hundredweight.

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Nutrien has unveiled a portfolio approach to its North American carbon pilot incentive program.

The company announced a partnership with several companies to provide incentives to farmers to adopt sustainable agricultural practices through creation of a verified carbon asset.

Because of the strong interest from farmers, more than 200,000 pilot acres were registered exceeding the initial target of 100,000 acres.

Farmers across the prairies will work with Nutrien to improve carbon performance through nitrogen management and conservation tillage.

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The National Farmers Union (NFU) urged MPs to safeguard supply management by passing Bill C-216.

The NFU said the bill would make it illegal for any future trade agreements to provide more foreign access to Canada’s supply-managed markets.

NFU president Katie Ward said the supply management system stands on production discipline, which ensures farmers produce no more or less than the market needs, cost-of-production pricing, which ensures that farmers receive a fair income and import control, which prevents over-supply.

She said Bill C-216 would ensure the third pillar will remain in place.

“The Comprehensive Economic Trade Agreement with Europe (CETA), the Trans Pacific Partnership (TPP), and the Canada-United States-Mexico Agreement (CUMSA), show us why we need Bill C-216,” Ward said in a news release. “Each took a significant portion of Canada’s supply managed market away from Canadian family farmers.”

Canada is negotiating trade agreements with the United Kingdom, Argentina, Brazil, Paraguay, Uruguay, and Venezuela.

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alice.mcfarlane@pattisonmedia.com

On Twitter: @farmnewsNOW