The AgriPost
October 27, 2023
Historic Grain Elevator Fire in St. Jean Baptiste Leaves Community in Mourning
Gilbert Sabourin, who posted this picture at 6 am Saturday morning, expressed concern about the adverse effect on the company’s grain handling operations. Photos by Gilbert Sabourin
By Harry Siemens The serene town of St. Jean Baptiste, nestled in the picturesque landscapes of southern Manitoba, was recently shaken by a devastating blaze that engulfed the historic grain elevator in the early hours of a Saturday morning. Nathan Sabourin, the owner of NuVision Commodities, which has long been an integral part of the town’s economic and cultural identity, still grapples with the shock of the loss. “I was very proud to have the
company in the town here,” he lamented, the weight of the situation evident in his voice. Eugene Fillion, the seasoned chief of the St. Jean Baptiste volunteer fire department, recalls the urgency of the call at approximately 3 am, prompting a swift and coordinated response from eight fire departments in the surrounding areas. Nearly 80 to 100 firefighters worked tirelessly to contain the flames, but by mid-morning, Fillion conceded that the building continued to smoulder, leav-
The spectre of the charred remains cast a shadow over the community, but Brunel Sabourin a volunteer firefighter emphasized the silver lining amidst the tragedy; no one was injured and no other property was affected.
ing behind an indelible mark of devastation. Local farmer and community leader Gilbert Sabourin mirrored the community’s collective grief, emphasizing the significance of the fire’s impact on the town of St. Jean Baptiste. “It makes a huge difference in the landscape,” he mourned, reminiscing about the towering presence of the historic structure that the fire reduced to a pile of rubble. Shedding light on the critical role the building played in the
town’s daily activities, he expressed concern about the adverse effect on the company’s grain handling operations. Gilbert, though not directly involved in the business, offered insights into the gravity of the situation. “They handle grains in there daily,” he affirmed, underlining the essential nature of the elevator’s functioning and the potential ramifications for pending transactions. Despite the setback, he remained hopeful about Continued on page 3...
Limited Availability Pushing Farmland Prices Higher Limited availability of farmland for sale is continuing to push land values higher, according to the mid-year farmland values review by Farm Credit Canada (FCC). In the first six months of 2023, the national average growth rate of farmland was 7.7 per cent. The highest farmland value increases over the last six months were reported in Saskatchewan (11.4 per cent) and Quebec (10.6 per cent). Ontario and Manitoba saw nearly identical increases, with farmland values in Ontario increasing by 6.9 per cent, and Manitoba by 6.4 per cent. Alberta had a more modest increase of 3 per cent, while the average price of farmland stayed unchanged in British Columbia. Fewer sales were available in Canada’s Atlantic Provinces to fully assess mid-year farmland values. In Manitoba, purchasers are shifting away from high-priced farmland, with the Pembina Valley regions having the highest average prices and the lowest growth recorded in the last six and 12 months. “Limited land for sale has been driving farmland values higher over the last six months,” said J.P. Gervais, FCC’s chief economist. “With higher interest rates, elevated farm input costs and uncertainty regarding future commodity prices, producers are being cautious with their investments and capital expenditures.” Farm cash receipts are anticipated to increase 6.6 per cent in 2023. But as farm operations exercise caution in spending, farmland value appreciation is anticipated to slow until the uncertainty over the current economic environment vanishes. “Purchasing farmland is a very strategic decision for producers,” said Gervais. “They need to assess whether they can earn enough from the larger land base they’ve acquired and if not, whether other areas of the operation generate enough income to pay for the land. Monitoring farmland price trends can assist in making the best decisions for individual operations.”