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Agriculture Roundup for Tuesday July 20, 2021

Jul 20, 2021 | 10:54 AM

MELFORT, Sask. – Wheat prices remain strong with the continued extreme heat and little to no rain.

The Sask. Wheat Outlook said the world is not short of wheat, but quality wheat will be low.

The spring wheat numbers do not fully address the growing conditions in Canada, Russia, or Kazakhstan according to the United States Department of Agriculture (USDA). Further revisions will need to make further revisions in upcoming reports.

The report also stated the Canadian crop is under extreme pressure and the combination of these factors has created very strong elevator bids.

The report is compiled by Mercantile Consulting Ventures.

Western Canadian Wheat Growers (WCWG) have launched an awareness campaign focused on the federal government’s proposed reduction in fertilizer emissions.

WCWG President Gunter Jochum said the government has not released any details on how to accomplish the 30 per cent reduction.

“They have not consulted with farmers or industry and yet make #fakepolicy announcements,” Jochum said in a media release. “The only way to achieve this is through a reduction in fertilizer use.”

Calculations by Fertilizer Canada show a 30 per cent absolute emission reduction for a farmer with 1,000 acres of canola and 1,000 acres of wheat would translate into reduced profit of $38,000 to $40,500 annually.

Information on the WCWG campaign can be found here.

alice.mcfarlane@pattisonmedia.com

On Twitter: @farmnewsNOW