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Federal Government Wants Answer On AgriStability Proposal

It has been just over 110 days since the federal government made the offer to the provinces to improve AgriStability and are now asking for a clear indication from the three Prairie provinces whether they will sign on or not.
 
On November 27, 2020, the federal government proposed to eliminate the reference margin limit and boost the compensation rate to 80%.
 
At the request of Prairie Ministers, the federal government says it will convene a further federal-provincial-territorial meeting, asking the provincial ministers to bring an answer to the meeting.
 
The deadline to enroll in AgriStability this coming year is April 30, 2021.
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2026 USDA June Crop Report Neutral + U S HRW LOWEST SINCE 1965!

Video: 2026 USDA June Crop Report Neutral + U S HRW LOWEST SINCE 1965!

There were no big surprises in the USDA June report as it historically is not a market moving report, but U.S. HRW production was lowered by 18 million bushels. The June USDA crop report was neutral- higher global stocks & South American production offset lower U.S. wheat and higher U.S. corn exports.
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