Welcome to this week’s edition of RealAg on the Weekend with your host Lyndsey Smith! For this week’s show, Lyndsey is joined by Matt Makens of Makens Weather for a forecast update, Amy Bean of Canterra Seeds for a spotlight interview, and Patrick De Haan of Gas Buddy to talk diesel prices.
Also on this week’s show, Lyndsey brings you a financial news update and breaks down news stories including AI in Saskatchewan, FCC's dividend, and Carney’s Mega Deduction.
Thoughts on something we talked about on the show? Connect with your host, Lyndsey Smith, at lsmith@realagriculture.com, on X/Twitter by using the hashtag #RealAgRadio, or give us a shout on the response line, 1-855-776-6147.
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Read more » I'm Shaun Haney, and this is RealAg on the Weekend. Let's get real and get connected with the week that was in Canadian agriculture. RealAg on the Weekend starts now.
Welcome to RealAg on the Weekend. I am Lyndsey Smith. I will be your host for not only this week's show, But for the next couple of weeks while your regular host Shaun Haney is off on some well-deserved holidays, there's no shortage of things happening, of course, on the prairies this week. Unfortunately, one of the things not necessarily happening as much as we would like— harvest. It doesn't look good, folks. I'm really sorry. I wish I could send you sunshine and dry weather, and I hope for some of you, by the time Monday rolls around, things are going to be looking a whole lot better. But we are quite behind. Saskatchewan's landed somewhere in the under 40% harvested, which is well behind the 5 and 10-year averages. Alberta also struggling to bring in some of this crop. In fact, Alberta, some areas of Alberta declared a state of agriculture emergency this week due to all of the water, the excess water, just really tough conditions for this harvest season. On today's show though, just quickly before we get into it, we are going to get, speaking of weather, we're going to get A look at the super El Niño with Matt Makins of Makins Weather. What's shaping up as far as ocean temps and what that might mean for the winter season? Spoiler alert, it looks like it may be a mild one, which on one hand, okay, great. On the other, that may mean less snow cover for many areas. And honestly, in a wet season, maybe that's not so bad. But of course, we're always planning for next year with an eye to soil moisture recharge and some decent moisture available. going into the spring seeding season. We'll also have a discussion on choosing canola hybrids, especially thinking about standability and that pod shatter resistance, and we will hear— if you've had to put any diesel in anything this week, you'll know that prices hit an all-time high both in Canada and the US, and I've got Patrick DeHaan of GasBuddy on to talk about what's driving these very high diesel prices. And of course, when we might see some relief, if we might see some relief, what that might take. So let's get to it. We're going to first hear from Matt Makins on the weather. Here's our outlook for what this winter may have in store.
So the last time you and I talked and Shaun and I talked, we were entering into this El Niño thing. And we had talked progressively about, you know, we don't want it to come slap us in the face right away. We want it to linger, do its thing in the ocean before it appears. And then that way we can keep moisture lingering around the prairies and stuff like that. And that's what happened. But while we've been, some of us not enjoying the wet weather because we're delayed in our fields, but others of us have enjoyed the moisture. We've let El Niño sit and start to cook, if you will, in the ocean.
Mm-hmm.
And it's just warm water piling up in one specific part of the ocean. And what it has done is it's accumulated so much heat, warmer than normal by so much, that it is historically strong or likely will be historically strong. And that means it would rival events like '82, '83, '97, '98, '15, '16. Those were all big ones. Um, so this is the, the term super comes from, wow, it's super hot in that area of ocean. And it's, it basically, it continues to tilt your odds toward whatever you were going to. If you're going to warm and dry, it increases those odds. If you're going cool and wet, it increases your odds. That's the strength aspect of an El Niño event.
This begs the question, as we— here we are, we're mid-September. I think there are more than a few prairie producers who would like the tap to turn off and maybe stay off until it's time for snow. It has been incredibly wet in some areas. What are we seeing in like these next couple months? Like, when will we see the brunt of this super El Niño event sort of take hold?
As soon as the US loses its heat dome. And that's that, you know, in Fahrenheit, the triple-digit heat, the high indices. That element is a summer thing. It drives most of North America, or it's part of what drives it. When we lose that, which will be happening over the next week to 3 weeks, That allows a new pattern to arrive, a fall-like one, and that will then allow El Niño's influence to grow. So for a lot of us, it may not happen in September, but certainly by early, mid, late October, we are seeing that change. For a lot of the country, it is a drier change.
Okay.
And not to say we're going to be dry, We'll still get rain, we'll still get snow, but the frequency will decrease. And our temperatures at the same time, when, you know, we'll still get our frost and freeze, some of us are going to freeze over the next few days. You know, this weekend looked cold in a lot of places. No, thank you. That's still going to happen. But, you know, when you look at last winter, it was cold. It was a cold— it was, it was winter. This incoming one, it'll be milder. So those cold hits Not quite as sharp, not lasting quite as long. We may get into the holidays and it's a holiday where you talk to somebody in Alberta, they're like, we had rain.
Yeah.
It's mud.
Okay.
And you talk to somebody else and, well, we got a little bit of snow. So it's a milder, drier winter season compared to where we were last year. And again, you'll start to feel those things and see them, if not in the next 2 weeks, within the next month, depending on your location.
For much of the prairies, as you mentioned, I mean, there were some areas that got decent moisture this year and they needed it, but there are those that are way too wet and would like to get the crop in. But from what I'm hearing is we've got a couple weeks before a new trend or new pattern starts to settle in.
Correct, yeah, some parts of southern Saskatchewan, southern Manitoba this week will be very wet. Southern Alberta, a little different, they're not quite as wet and not in that favoured storm flow for the short term, so they'll do a little better. with their groundwork for the next few days. But yeah, for the western areas, their influence of El Niño is much, much bigger than eastern Canada. Eastern Canada's connection to El Niño is much, much lower.
Mm-hmm.
But so for the west, yeah, you're going to see your frequency of this precip drop out. Your soils probably don't firm up near as quick because it's a warmer setup. So you'll have some delayed fieldwork chances. And to me, that might be good too, if Any little bits of rain or snow come through, get them soaked in before you firm up.
And firm up I hope we do. So I did cheque out the Saskatchewan crop report, the Alberta crop report, keeping in mind that these reports of course are for the end of week last week. Definitely show just such an incredibly hard harvest season so far for both. As we mentioned, Saskatchewan under 40% combined, Alberta seeing a significant increase in the amount of swathing that went on for the canola crop. Definitely saw that for parts of Manitoba as well, but Alberta is well behind both the 5 and 10-year average, somewhere in that 30 to 40% range. So absolutely, this is one of those years where the grain dryer pays for itself, perhaps several times over, but there's all sorts of things to think about and to keep tabs on, one of which is of course whether or not we're rutting up those fields. That's one of the concerns that make be keeping producers off the field. The other thing that I think is really important to touch on here is the mental load, the stress and strain that a tough harvest season has on people. Did want to send, of course, our love and support to everybody struggling through this. This is a pretty major kick to the teeth when things have gone maybe relatively well, or maybe it's been a struggle all year. You are certainly not alone in this. All right, we're going to take a quick break here on RealAg on the weekend, and we'll be Back with more of the show right after this.
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Welcome back to RealAg on the Weekend. I am your host, Lyndsey Smith. Hi, I'm your host, Lyndsey Smith, and it has been an incredibly busy week for announcements. Some very large changes to tax measures that were announced by Prime Minister Mark Carney, as well as $1 billion in agri-food processing money. Oh my gosh, let's unpack it. First off, this week kicked off in Toronto with the Canada Investment summit. Uh, so the actual summit was announced back in April. Prime Minister Mark Carney, uh, put the world on notice that as of September, Canada would be hosting this 2-day event. Uh, Prime Minister Carney opened it, former Prime Minister Stephen Harper closed it with, uh, a speech, and the entire event was designed to bring hundreds of people, some of the biggest money managers in the world, All to Canada to essentially say, hello, we're open for business. One of the perhaps biggest announcements of the week before we get to the tax changes was, of course, that Saskatchewan will be host to an over $50 billion AI centre that telecom giant Bell has committed to. This will be a huge AI centre in the Regina area. We saw Premier Scott Moe as well as Prime Minister Carney and the head of Bell all make this announcement during the Canada Investment Summit. Now, also announced this week during this was the super mega deduction, and I think the official term is the productivity mega deduction. Either way, this is an announcement by Prime Minister Carney that actually builds off of mega deduction for capital expenses, or investments is the way, of course, they put it. This builds off of what was announced in the last federal budget. It's essentially a new tax incentive structure that will put Canada at the front of the list when it comes to G7 nations. From about 15% of capital assets that would have perhaps been eligible under the mega deduction, Carney now has announced About 65% of capital investments will be eligible for 100% expensing in the year that the investment is made, and it will apply to, as I said, just so many more things. For agriculture, this is incredibly important. Once this legislation passes, essentially tractors, ag tech, software, so many things that really Our investments in the agriculture business will now possibly, probably be eligible for the productivity mega deduction. Now, agriculture will of course benefit from this, but that's not necessarily what was, you know, in mind, top of mind when Prime Minister Carney announced it. There's obviously a big push with the Investment Summit this week into bridges, roads, ports, trains, You name it, minerals, mines, all of those things that are super capital intensive, just like farming is. All of those will, all those lines of business will be eligible to have capital expenses essentially just depreciated right away. So that's a big benefit. There's also the federal finance department is, this basically brings in line that the marginal effective tax rate on new investment in agriculture, it basically drops it from 7.6% to under 6% with the new deduction. So it really is quite a tax advantage. It also means that it puts Canada not just ahead of in the G7, because of course that's, you know, how we're talking about this. However, really important, and especially right now, is that It changes where Canada sits in the world versus the US. Canada's overall marginal effective tax rate is projected to fall from about 13% where it sits right now to 6.4%. The US rate sits at about 16.9%, and that's actually a new rate that essentially has come into work since Trump's one big beautiful bill that passed last year. This is a direct and an incredibly important point where Prime Minister Mark Carney is not just hosting a summit to say, here's 167 different projects that you could invest in, because that was the list. He's also saying, here is a permanent tax structure change that addresses one of the issues that people have and have pointed out for Canada where we're known for being high on the red tape, high on regulatory, and having a very complex tax system. Carney is signalling to the world that this is a permanent change and it does really change the math on whether or not companies and investors want to come and bring their money to Canada. Now, part of this is adjacent to— it's not really part of the investment summit, but happening at the same time. We also had Ag Minister Heath MacDonald. He actually joined me this week. You can listen to that at RealAgriculture.com. We had Heath MacDonald join to tell us all about $1 billion in financing that Farm Credit Canada will be handing out, and this is all focused on agri-food and agri-processing. This is a bit of a different model. Unlike when we hear about grants that are potentially grant money that's made available, or cost share, those sorts of things, this is under the National Food Security Strategy. This billion dollars is for Farm Credit Canada to lend. This is a loan product.
Right.
This isn't grant money, but this loan product, it will be for projects from $25 million to perhaps $500 million. It's $1 billion total, and it will be for new businesses, and it will be based on essentially on the actual business model's cash flow. So a little bit different of a financing product than you would typically see, you know, that's based more on balance sheet lending. So that That particular product, that $1 billion, one of the key things here I think that's really important is that expressions of interest for this are now open. So they opened this week with the announcement of this, and they run for the next 60 days. So it's not a super long time. I'm going to imagine that there were entities that, you know, had an idea that this was coming. We knew that there was going to be more programmes and more programming around the National Food Security Strategy, but it does mean that for those companies. This could be added avatar space, it could be maybe to set up agri-food processing or something like that. So if you've got an idea or if you know somebody who's had a plan of something but they're like, where are we going to find the money for it? This $1 billion through Farm Credit Canada might be it. Again, head on over to RealAgriculture.com, we've got more details there and we can link you directly to all the details and see if maybe the project that you've been thinking about might qualify. So there you have it, a whole A whole bunch of finance, taxation news, all sorts of things that happened this week. But you know what, we've got to take a break because we've got to pay some bills, of course. So we are, we're going to take a quick break here on RealAg on the weekend. When we come back, we're going to learn about canola hybrids and choosing canola hybrids for standability and for pod shatter traits. And then of course, as promised, later in the show, we're going to hear about Diesel prices and just how high they are, how high they may stay, and for how long. We'll hear more on that right after this.
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The following is a paid placement by Canterra Seeds. I'm Lyndsey Smith with Real Agriculture, and joining me now is Amy Bean with Canterra Seeds. Oh my goodness, Amy, you're up in the Grand Prairie area. How is the crop looking? How is harvest?
Harvest is going a little bit on the slow side, although most areas on the west side of the Peace Country didn't really get all that much rain this year again. On the east side, however, they are probably averaging anywhere from, you know, 12 to 20 inches depending on where they're at. So harvest is going slow. We are seeing a lot more little showers kind of slowing things down, but in general, the crops are actually looking I would say almost 100% better than they have been over the last 4 or 5 years just because we have had such dry conditions, things haven't looked great, so guys are feeling very optimistic with the way that the crops are looking this year. So fingers are crossed, Mother Nature cooperates and we can get the crop off and everything will be good from there.
We are so close to the bin, so good to know that there's some real crop potential there and let's hope Yes, that the weather cooperates to get it in the bin. Now canola is of course just such an important part of agriculture in your area. Let's talk today about CS3300TF. Where does it best fit on the farm? What are some of the key characteristics that contribute to that fit?
Honestly, I think it fits especially well for growers who want to manage their harvest risk. The early maturity helps kind of spread out that harvest timing, which allows them to, you know, spread it out so that not everything is finished and ready at the same time. And then, you know, if you combine that with the Pot Protect Shatter Tolerance trait, it has really good standability and it gives growers kind of that confidence that they're looking for when straight cutting. It also has a really good disease package, which is really important in a lot of areas in Alberta. So not just the Peace Region where clubroot's present, but in lots of areas in Alberta. So with the clubroot package in there as well as multigenic blackleg, to me it's just a complete package. Early maturity, yield potential, standability, harvest flexibility, those are kind of all the characteristics, especially in the Peace Region where we have such a short season where it's important to filter in and kind of look for everything that works for us.
So, and that's, I mean, maybe one of those key things is that thinking about, you know, the area that you're in, the kind of season that, you know, you sort of expect, but to your point, managing those disease risks, managing some of that harvest loss, what are you hearing as feedback from the farmers that are growing this variety?
Well, honestly, like when you talk about the Peace Region, we are very, very unique being as far north as we are, but like we do have a huge range of growing conditions. We can move a relatively short distance down the road and completely see different moisture, soil, growing season conditions, and it's so vast. Like the Peace Region in itself, we have such a large territory that, you know, covers so much area. So, like, when I'm looking at hybrids, I'm looking for things that, you know, aren't going to just win in one plot. I want to see something that's going to perform consistently across all environments. So whether, you know, it's growing here in Grand Prairie or growing in Fort St. John, or if we go over to the other side up into Lac Crete, everything has to kind of be the same. So what's really impressed me is the combination of that early maturity, standability, and yield potential. But what I'm hearing from growers mostly is that they are really, really impressed on how that crop is going. And when it's growing early, it's got some really nice early season vigour, and they are especially excited about how it looks going into harvest. They're finding that it's still standing very, very nice, so the option for straight cutting is still going to be very, very important, and they can go forward with their plans and not have to think, oh well, I have to change what we're doing because the crop is now lodged and I'm going to swath it and try to make things a little simpler. But yes, the manageability for harvest is probably one of the biggest recommendations that growers are saying that, you know what, you've done it, you've got a variety that is performing so well and has great harvestability. So for me, it's kind of that whole package and the consistency across all environments.
Now, this is that we— I mentioned it's CF3300TF, that's a TruFlex canola hybrid, that's right. So for farmers who are maybe comparing TruFlex hybrids, what sets this one apart? What maybe do you need to take into consideration when you're looking at the TruFlex line?
I'll be honest, like when you're looking at canola TruFlex varieties, there are multiple on the market. There is really no bad genetics on the market. I think when you're looking at it, you need to examine what those varieties are offering you. I think you need to look at your maturity, you need to look at the disease package, and you also have to try things on your own farm to discover how they're going to perform for you. I'm not saying that, you know what, a variety will perform perfectly in all fields. I've had growers grow it in multiple fields and say, well, this field outyielded this field, but there are so many contributing factors to it. When you're looking at it, you definitely have to just look at the factors that you're making your decisions based off of. So if maturity is a huge one for you, then you know what, you'd want to look at something that's on that earlier side, especially if you're in a frost-prone zone. Then, you know, that maturity, you want to get that in. So that's kind of where I position it. The pod shatter is also another huge selling point. Anything that doesn't have that pod shatter trait, honestly, you want to have that. Just if whether you're straight cutting or swathing, if you're swathing and we get a bunch of rain and you can't get into the field to get that swath up, you risk that shelling up. So with the Pod Protect, the pod shatter treat, you are definitely in a much better position, straight cutting as well. So those are kind of the things that we're looking at with the TruFlex, with the CS3300 TruFlex, that are important.
All right, Amy, thank you so much for joining me here on the show. Where can people go for more information about this variety and of course the entire Canterra Seeds lineup?
So I would go to the Canterra Seeds website. There will be trial data coming up fairly soon. We are currently in the process of working with all of our cooperators to get all of that trial data off. We do post trial data online and they are posted win or lose. We don't hide anything, but that's where I would start, Canterra.com.
All right, thank you so much, Amy.
Thank you.
All right, well, before we take our last break for today's show, I did want to remind you, of course, that we've got all sorts of fantastic content over at RealAgriculture.com. Most of the interviews you hear here on the radio show, we've got longer form, or we've got more of them over at RealAgriculture.com. And we've got a newsletter that you can sign up for. It's totally free, shows up in your inbox Monday through Friday, sometimes even Saturday, and you can find that at RealAgriculture.com/subscribe. If you've got feedback on this show, you can of course zip me an email, lsmith@realagriculture.com. at RealAgriculture.com. Let's take a break and I'll be back with more right after this.
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I'm Lindsay Smith, host of The Agronomist, and I want to thank you for tuning in for over 200 episodes. Join me Monday nights, 8 PM Eastern on YouTube for our live and interactive agronomy Q&A. Each week, our guest panel will handle some of your toughest agronomic questions live streaming on YouTube, Facebook, X, and RealAgriculture.com. Tune in Monday nights or go to RealAgriculture.com/agronomist and sign up for our email notifications and don't miss an episode. Welcome back to RealAg on the Weekend. I am your host, Lyndsey Smith. I'm your host, Lyndsey Smith. We're going to round out the show now with, as promised, this discussion with Patrick DeHaan of GasBuddy. Well, it is unprecedented times. I was hoping we'd be in for precedent at times, but we are not. Diesel prices have hit record highs. What's behind it? Let's cheque it out.
For now, the spot market is pointing to some incredible additional pain for diesel. You know, we've already seen incredible pain for diesel. We're just in a whole different realm. And, you know, I've seen prices in Canada in some areas of Quebec, where, by the way, the carbon tax was not rescinded, unlike the federal level. So some of these areas in Quebec are seeing nearly $3 a litre for diesel. And, and I think we're probably going to see some of that in the next couple of weeks. And diesel in Canada is already above the $2.50 a litre mark. And it could get closer to the $3 a litre mark. And there's just a lot going on. It's headlines left and right. It's trying to parse where the tentacles of all those headlines go, what they impact, because, you know, we watch the price of oil, probably many people do. And if you don't watch the price of the corresponding gallon or litre of diesel that comes out of that, you're probably like, well, what in the heck's going on? Because oil isn't at record-setting levels, but diesel had blown records out of the water.
Right.
Walk us through though, why? Because we do, we talk about barrels of oil, we talk about gas prices, but diesel seems to be in like this whole realm of its own right now. Why is that? What sort of feeds into that?
Yeah, well, the mechanics of the market. Now, on a normal day, there are some relationships between the price of oil, the price of gas, and the price of diesel, right? You know, diesel for the last 20 years has been at a slight premium to that of gasoline because the standards changed. There was a day 30, 50 years ago ago where diesel was way cheaper, people were, oh, it's the byproduct of gasoline. Diesel has changed dramatically. The specifications have changed. It's ultra-low sulphur now. It's cleaner than ever. And that is driving the divide. But the other thing here that's driving the divide in the last 3 months, especially as we've seen diesel soar and gasoline is still reasonable, is what's going on geopolitically. We have, first of all, the US and Iran, the Strait of Hormuz, which has been shut down 6 months. That has really fed into the price of a barrel of oil.
Right.
But that's not it. That barrel of oil still needs to be refined. You know, nobody is using crude oil in their cars. So that's where the choke point has been. And of the refining choke point, some refineries produce more diesel, some produce more gasoline. That is the other nuance here is that in the last couple of months, Russian refineries have been attacked by Ukraine. Obviously, Russia and Ukraine, 4 years now that Russia has been invading and trying to take over areas of Ukraine. Ukraine has been trying to fight back. And 3 months ago, it was successful in starting to attack with long-range drone Russia's oil refineries. And now that it's found success, it's ramping that up. And unfortunately, Russia tends to be a major exporter of diesel until its refineries are getting knocked offline. And that's why diesel has been really so impacted not only by the underlying price of oil above $100, But then on top of that, the other layer being Ukraine knocking offline significant Russian oil refining capacity.
If you head over to X in your bio, it says data over politics. Unfortunately though, the politics play in. That's just all there is to it. So we have, as you mentioned, so we've got Strait of Hormuz issues. We've now got this, the Russian-Ukraine impact as well. There are policies though in that we see the US grappling with how they want to deal with this. As you mentioned, Canada has done some things with the excise tax and those to try and keep fuel prices down.
Yeah.
Where, what impact do things like this have? Like looking at that data, do political wrangling domestically in Canada and the US really have an impact on some of these overall things? Are we just so at the mercy of these geopolitical pushes right now?
Well, I mean, the basis for how diesel prices move on a daily basis is always going to be global economics. It's going to be subtle changes to supply and demand. Politics and policies can have impacts at varying levels. These, again, are kind of nuanced to explain, like when we pause the federal carbon tax, that was a savings of, I believe, 10 cents a litre on diesel and 17 cents a litre on gasoline. That's a one-time impact. Once the pause is kicked down to the retail level, that's no longer active in moving the needle on a daily basis. It moves the needle permanently lower. If the pause was suddenly ended tomorrow, prices would go right back up. But that is not an active issue now that causes price gyrations. So, policies can be impactful, but to varying degrees. And every situation's different. Because, you know, just imagine if my office was full of little levers, and each little lever is a policy. I change this policy, I change this policy. A geopolitical situation is also a lever, some of them bigger. All of these levers are moving differently, and they can impact diesel and gasoline and oil prices all differently. Some of them are one-time impacts, like the pause in the excise tax. If that does get restored next January, as is tentative, Then it will go from not being an impact to suddenly an impact. But, you know, in a period of a day or 2, once that impact is passed along to the retail channel, that's no longer an active impact. It's been passed along. So, you know, there's a lot of various impacts. Some of them are more active on a daily basis. Some of them are just one-and-done impacts.
Now, this is, of course, we are September. It is Harvest season across Canada.
Yeah.
This is a high diesel use time for farmers. Farmers, of course, work hard to try to hedge the cost of fuel on the farm, but this is going to hit farmers really hard and of course worse the longer it goes on. When we start talking about things like Russia, Ukraine, none of that seems like things that get rectified anytime soon. How long are we looking at trying to, as you mentioned, make our way through some of these levers that get pulled?
Well, the 3 Ts drive the Canadian and US economy and really the global economy. That's trucks, tractors, and trains. Those are the big, the big end users that drive the economy that deliver goods to the market. And you just mentioned we're on the cusp of harvest season. So tractors, combines out in the field, diesel being, you know, well over $2, in some cases closer to $3 a litre. There's going to be a trickle-down there. So, the semi that will pick up that food for processing, again, another big impact there. Then to the distribution centre, more diesel. Then to the grocery store itself, more diesel. To the trains that deliver lumber across the coast of Canada, all of this is going to trickle down in various ways, right? There are more intense supply chains. Like I mentioned, food is very intense.
Right.
It's very much just in time. It gets to the grocery store. So it does vary, but the trickle-down is going to be immense. Consumers don't fill up with diesel, but it's diesel that gets their gasoline to the gas bar to fill up. So in various formats, the trickle-down is going to be significant. The cost to farmers is significant.
Lastly then, Patrick, and really do appreciate this, looking forward, as you said, you're following futures markets, spot prices, although It is incredibly volatile. What are you watching for in even just the next few weeks?
Any potential de-escalations. You know, this is a situation that supply and demand, they're still active, but where supply and demand go and the risk factors are solely dependent on whether or not we see escalations, continued attacks, continued disruption, or if we see de-escalation, whether we start to see You know, the strait reopen, whether we start to see Russia's refineries get repaired and Ukraine stopping attacking them. You know, the Trump administration has circled the day after US elections. There's really not a date on my calendar. Because it's really less about a date and more about there's going to be work on sides to mend the fences that have been broken. And who knows when there's going to be interest on both sides of the fence in addressing the problems that have led prices to these record-setting levels.
All right, we're going to leave it there. If you'd like to listen to more of this discussion with Patrick DeHaan, you can head on over to RealAgriculture.com. All right, that's it for RealAg on the weekend. I have been your host, Lyndsey Smith. It has been absolutely fantastic to be here with you. I do hope that the sun is shining where you are and you managed to make a dent in that harvest wherever you are, and it has definitely been a tough one. I will be back next week right here on RealAg on the weekend to talk about all the big storeys happening in agriculture. Have a wonderful weekend. Cheers, everybody.
Cheers.