Farms.com Home   News

AG Minister Lyle Stewart Comments on Budget

The Province has handed down its provincial budget which is forecasting a 434-million-dollar deficit for this year.
 
Agriculture Minister Lyle Stewart says his department’s budget is up 7.5% mainly due to the higher crop price projections for the business risk management programs like Crop Insurance and Agri-Stability, while other areas remain about the same.
 
"Ag Innovation and Research, pest control, disease surveillance, trade and market development, AG awareness are all funded about the same as previous years. Industry grants such as the 24H, Ag in the Classroom, Agribition, things of that nature are $4.2 million again."
 
He notes the spending is pretty much unchanged from the previous budgets Ag Research is being funded at 26.8 million dollars with 2 million earmarked for the Global Institute for Food Security.
 
Source : Discoverestevan

Trending Video

Funds are Long the Grain & Oilseed Complex for the 1st Time Since Feb of 2025! BULLISH PRICES!

Video: Funds are Long the Grain & Oilseed Complex for the 1st Time Since Feb of 2025! BULLISH PRICES!


The funds (managed money) crowd/spec are now net long the grain complex! The AI King Nvidia reported 4th quarter earnings that surpassed Wallstreet estimates but the stock falls? Trump retaliates against U.S. supreme court decision to impose an additional 15% global tariff. FDN (First Day Notice) and month end fund selling in March futures were absent in 2026. Crude oil futures adding more geo-politics, weather turns more active for March, plus South America weather and the latest CFTC report.