Rising input prices present challenges for Manitoba farmers
A rise in input prices has left this year’s crop costs abnormally high for Manitoba farmers.
Since the fall of 2021, costs for chemicals, fertilizer and fuel have skyrocketed due to fallout from Russia’s invasion of Ukraine and supply chain issues caused by the COVID-19 pandemic.
“Some individuals were able to purchase fertilizer last fall and have not seen the same type of increase,” Bill Campbell, President of the Keystone Agricultural Producers, told CTV News. "But all indications are that even fall application in 2022 will have a significantly increased cost.”
Transportation costs for imports and exports have also risen due to the climb in fuel prices.
Will Turner was one of those lucky farmers who bought all the fertilizer he needed when it was cheaper.
“Different farms will do different purchasing methods depending on their cash flow requirements,” Turner said. “So in this case we’re lucky that we did it in full when it was significantly cheaper.”
Although he’s been lucky in that regard, Turner hasn’t had the same luck with his cattle.
“With the price of feed, because the price of commodity is so high, cattle prices are not going to account for really any profit at all,” he said.
Turner predicts he will still be able to generate enough revenue to cover the increased costs, thanks in part to long term planning.
CTVNews.ca Top Stories
Widow looking for answers after Quebec man dies in Texas Ironman competition
The widow of a Quebec man who died competing in an Ironman competition is looking for answers.
Amid concerns over 'collateral damage' Trudeau, Freeland defend capital gains tax change
Facing pushback from physicians and businesspeople over the coming increase to the capital gains inclusion rate, Prime Minister Justin Trudeau and his deputy Chrystia Freeland are standing by their plan to target Canada's highest earners.
Tom Mulcair: Park littered with trash after 'pilot project' is perfect symbol of Trudeau governance
Former NDP leader Tom Mulcair says that what's happening now in a trash-littered federal park in Quebec is a perfect metaphor for how the Trudeau government runs things.
Fewer medical students going into family medicine contributing to doctor shortage
As some family doctors are retiring and others are moving away from family medicine, there are fewer medical students to take their place.
'My stomach dropped': Winnipeg man speaks out after being criminally harassed following single online date
A Winnipeg man said a single date gone wrong led to years of criminal harassment, false arrests, stress and depression.
Bodies found by U.S. authorities searching for missing B.C. kayakers
United States authorities who have been searching for a pair of missing kayakers from British Columbia since the weekend have recovered two bodies in the nearby San Juan Islands of Washington state.
'It's discriminatory': Individuals refused entry to Ontario legislature for wearing keffiyeh
Individuals being barred from entering Ontario’s legislature while wearing a keffiyeh say the garment is part of their cultural identity— and the only ones making it political are the politicians banning it.
Competition bureau finds 'substantial' anti-competitive effects with proposed Bunge-Viterra merger
The proposed merger of agricultural giants Viterra and Bunge is raising competition concerns from the federal government.
Douglas DC-4 plane with 2 people on board crashes into river outside Fairbanks, Alaska
A Douglas C-54 Skymaster airplane crashed into the Tanana River near Fairbanks on Tuesday, Alaska State Troopers said.