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Key funding and priorities announced in the Federal Budget

Federal Agriculture Minister Marie-Claude Bibeau says they tried to balance the budget the best they could in terms of so many priorities.

"We wanted to support Canadians because we know that times are hard, and everything is very expensive. So we brought what we call the grocery rebate to be able to give some money to those who need it most, while not putting fuel on the fire and provoking an increase in interest rates."

When talking about commitments to agriculture Bibeau highlighted the $57.5 million dollar investment for the creation of the foot and mouth disease vaccine bank.

"Foot and Mouth Disease if it comes to Canada would affect our beef industry, our dairy industry, but also pork and other meat industries. We know we are big exporters, overnight the border could close. So for this specific disease, we have the capacity to put in place a Canadian bank of vaccines and we will do so. "

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??????? 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.