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Agriculture Roundup for Wednesday, September 28

Alberta will now cover damage by wild boars.

Agriculture Financial Services Corporation (AFSC) will include these pests in its Wildlife Damage Compensation Program.

The program will compensate producers for wild boar damage to eligible unharvested hay crops and eligible annual unharvested crops, wildlife-excreta contaminated crops, stacked greenfeed, and silage in pits and tubes.

To be eligible, producers must let provincial wild boar specialists visit their property to examine the damage, provide recommendations to prevent further damage, and conduct wild boar eradication.

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Wheat Futures Head for the Moon on Escalating Drought Concerns

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???? Wheat surges on drought: Prices jumped to multi-week highs as worsening dryness grips the Plains, with 70% of winter wheat in drought. Corn edged higher, while soybeans slipped.

??????? Mixed weather pattern: Rain improved parts of the Corn Belt, but drought worsened elsewhere—especially the High Plains and Kentucky. Nebraska conditions sharply deteriorated, with 56% in extreme drought.

????? Oil spikes on tensions: Crude climbed over 3% near $96 as Iran keeps the Strait of Hormuz restricted, while fragile ceasefires keep geopolitical risk elevated. ???? Pulses gain favor: Farmers are shifting to peas and lentils as a rare profit opportunity, driven by strong protein demand and lower input costs.

???? Exports mixed but solid: Corn sales dipped week-over-week but remain strong overall; soybean and wheat sales showed mixed trends, with steady global demand.