Farms.com Home   News

Alberta Announces Funding For Lethbridge Northern Irrigation District

Alberta announced  $1.1 million in funding this week for the Lethbridge Northern Irrigation District as part of the province’s $10-million Irrigation Rehabilitation Program.
 
The funding will ensure the province’s irrigation districts continue to improve water infrastructure that provides water for irrigation and agricultural operations, municipal use, recreation, wildlife and habitat enhancement.
 
The money will go towards rehabilitation projects which include lining unlined canals and converting canals to pipelines, to increase the water conveyance network’s efficiency, allowing more acres to be irrigated with the existing water allocation.
 
Devin Dreeshen the Minister of Agriculture and Forestry says Irrigation infrastructure is critical to economic stability in southern Alberta.
 
"This grant will increase great-producing irrigated farmland by conserving water and increasing water efficiency through pipelines."
 
John Vandenberg, board chair, Lethbridge Northern Irrigation District says the funding will help ensure the infrastructure remains strong and can keep up with demand now and in the future.
 
Alberta’s irrigated land makes up almost 70 per cent of all irrigated acres in Canada.
 
Within the province’s irrigation districts, there are more than 42 reservoirs and about 7,600 kilometres of conveyance works, including canals and pipelines, which carry nearly two billion cubic metres of water per year.
Click here to see more...

Trending Video

U.S.-China Trade “Truce” + U.S. Fed Cuts Rates Again

Video: U.S.-China Trade “Truce” + U.S. Fed Cuts Rates Again


The market was hoping for a US-China trade deal, but we got a trade “truce” for now from the keenly awaited Trump-Xi meeting at the APEC Summit.
China commits to minimum purchase commitments of 12 MMT of U.S. soybeans during the “current season” and a minimum of 25 MMT annually through 2028.
U.S. Treasury Sec Bessent said other Asian countries have agreed to buy additional 19 MMT of US soybean.
Soybean futures trading above $11 now- they normally tend to rally to $12.
As expected, US Fed cuts interest rates by -0.25% again in October to 3.75%–4.00%. No further cuts promised for this year but trade looking out to the Dec FOMC.
The Bank of Canada cut interest rates to 2.25% but raised concern over trade war damage.
Soy meal futures, remarkably, have had 14 consecutive higher close sessions. A bull market in soybeans is a bull market in soy meal!
Cattle futures lower as funds unwind out of cattle for now due to Trump headlines and objective to lower beef prices.
All major stock indices climb to new record highs. It was Mag 7 reporting week, which had mixed results. But we now have the first $5 trillion company in Nvidia!