ECA Review 2024-02-22
ECA Review 2024-02-22
ECA Review 2024-02-22
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10 F ebruary <strong>22</strong>'24 HANNA/CORONATION/STETTLER, AB. <strong>ECA</strong> REVIEW<br />
BREEDERS’<br />
Many challenges faced<br />
Cont’d from Pg 8<br />
Seed prices were up on average<br />
5.6% and feed prices increased 1.1%,<br />
with the most notable increase seen<br />
in the price of swine supplement at<br />
17.9% while feed oats experienced the<br />
largest decrease at 31.3%.<br />
In terms of crop chemicals and livestock<br />
drugs, the highest rise was<br />
observed for vitamin ADE (up 25.9 %)<br />
and the most significant decrease was<br />
for Roundup (down 19.6 %).<br />
Building supplies saw an average<br />
decrease of 1.9%, with the largest<br />
decline noted for lumber, followed by<br />
sheathing prices.<br />
“The farm input market has faced<br />
many challenges in recent years,<br />
from logistical hurdles and labour<br />
market disruptions to interruptions<br />
in the production of base inputs for<br />
manufacturing, congested delivery<br />
channels, rising wages, global supply<br />
concerns and escalating transportation<br />
costs,” explains Nikzad.<br />
“This unprecedented confluence of<br />
challenges had tangible impacts on<br />
the escalation of farm input prices.”<br />
For instance, fertilizer and fuel<br />
prices saw a sharp surge in October<br />
2<strong>02</strong>1, which was then intensified by<br />
the Ukraine-Russia conflict in<br />
February 2<strong>02</strong>2. Russia is the major<br />
exporter of both fuel and fertilizer.<br />
The conflict escalation increased the<br />
level of uncertainty around supply<br />
and demand conditions and led to a<br />
spike in prices.<br />
Inflation pressure in the economy<br />
is another factor that can push up<br />
farm input prices.<br />
The Centre for Commercial<br />
Agriculture notes a strong correlation<br />
between changes to the inflation<br />
rate and prices for labour and<br />
machinery and other farm inputs.<br />
Inflation can result from increased<br />
demand that surpasses an economy’s<br />
capacity to produce, or from geopolitical<br />
risks, rising production costs,<br />
labour shortages, wage increases and<br />
supply chain challenges.<br />
Global fertilizer, chemical and<br />
other manufacturers have adapted to<br />
disruptions and increased the level of<br />
resilience across their respective<br />
supply chains.<br />
Efforts were helped by lower costs<br />
for raw materials (in the case of<br />
chemicals) and lower natural gas<br />
prices.<br />
Natural gas is a key input for<br />
nitrogen-based fertilizers, which has<br />
in turn contributed to the notable<br />
decline in fertilizer prices.<br />
“There is a diversity of perspectives<br />
on where farm input prices could go<br />
in <strong>2<strong>02</strong>4</strong>,” says Nikzad.<br />
“Some foresee the potential for further<br />
increase due to continued global<br />
uncertainty, the energy transition,<br />
ongoing supply constraints and<br />
improved Chinese demand.<br />
“Others take a more optimistic<br />
view and expect farm input prices to<br />
moderate. Much will depend on<br />
energy prices and global demand for<br />
farm inputs.”<br />
Valleymere Angus<br />
SPADY<br />
Black Angus Yearling Bulls<br />
FOR SALE<br />
403-740-3652 Travis<br />
403-741-2840 Ty<br />
Travis &<br />
Halley<br />
SPADY<br />
Alliance, AB<br />
Pedigreed, Commercial, Birdseed & Milling Grains<br />
David and Lori Webb<br />
Harold and Jan King<br />
David’s Cell 403 443 3333 Harold’s Cell 403 443 0005<br />
RR#2 Three Hills, AB T0M 2A0<br />
Email: kingsseedfarm@gmail.com website: www.kingsseedfarm.ca<br />
<strong>2<strong>02</strong>4</strong> Pedigreed Seed For Sale<br />
HARD RED SPRING WHEAT<br />
*NEW* CDC Envy –early maturity, high yielding, semi-dwarf, very good standability,<br />
excellent lodging resistance and disease package<br />
AAC Hockley – consistent high yields, good protein, unsurpassed disease package, short<br />
semi-dwarf, superior standability<br />
*NEW* CDC Silas – has been a higher protein wheat on our farm, high yield potential,<br />
good standability, semi-dwarf<br />
AAC Viewfield – very high yield potential, bearded, semi-dwarf, short, excellent lodging<br />
resistance, good sprouting resistance as well as good resistance to FHB<br />
MALT BARLEY<br />
AAC Synergy – excellent yield, good<br />
disease package, recommended<br />
variety by the CMBTC<br />
*NEW* CDC Churchill – high<br />
yielding, 2 row malt barley, strong<br />
straw, lower protein<br />
CDC Fraser – high yielding, 2 row<br />
malt barley, strong straw, large<br />
plump kernels & lower protein,<br />
resistant to loose smut and stem rust<br />
CDC Copper – very high yield, early<br />
maturity, short, strong straw,<br />
excellent lodging resistance &<br />
fantastic disease package<br />
FEED BARLEY<br />
*NEW* AB Hague – strong<br />
disease package, high grain<br />
yield, good drought<br />
tolerance<br />
CDC Copper – very high<br />
yield, early maturity, short,<br />
strong straw, excellent<br />
lodging resistance &<br />
disease package<br />
Canmore - high yield,<br />
short, strong straw,<br />
excellent disease package,<br />
excellent lodging resistance<br />
OATS<br />
CDC Nasser – feed<br />
oat, high grain yield,<br />
great for swath grazing<br />
or silage<br />
CDC Arborg – white<br />
milling oat, high yield,<br />
strong straw, VG<br />
standability, 7% higher<br />
yielding vs AC<br />
Morgan, excellent<br />
milling properties,<br />
accepted by all millers,<br />
high beta-glucan<br />
content<br />
Call Harold or David<br />
for more info, to make<br />
a booking, or other<br />
varieties not listed.
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