Garden City, Ga. | Reuters — The U.S., Canada and Mexico have “relatively few” differences on agricultural trade, agriculture ministers from the three countries said in a joint statement after meeting Tuesday to discuss the renegotiation of the North American Free Trade Agreement. However, some “irritants” are present for each country in the runup to […] Read more
NAFTA agriculture ministers see ‘few’ differences over trade
Ottawa still considering eliminating deferred grain cash tickets
Alberta crop commissions say federal finance officials don’t understand the serious impact of eliminating the tax break
Reading Time: 2 minutes Ottawa is extending the public consultations on the “potential elimination” of deferred grain cash tickets by two months. But Alberta farm leaders say federal finance officials have “little understanding” of the importance of the income tax break and “the far-reaching implications if farmers were to lose access to this tool.” “We believe that the government […] Read more
Deadline extended for comment on cash ticket deferral
Public consultations on the income tax treatment of deferred grain cash tickets, with an eye toward “potential elimination” of farmers’ option to defer grain income, have been extended by two months. The federal government on Tuesday said the consultation, first announced in Finance Minister Bill Morneau’s March budget and due to end Wednesday, will instead […] Read more
Flax Council cautions on seed integrity
With the latest official acreage estimates showing a jump in flax acres across much of Western Canada, the Flax Council of Canada is urging caution. Agriculture and Agri-Food Canada’s latest Seeded Acreage Report is expecting 1.1 million acres to go into the ground this year, putting pressure on seed supplies, and putting the integrity of […] Read more
CropChoice$ for 2017 now online
Reading Time: < 1 minute This years’s edition of the CropChoice$ planning tool is now available. The tool uses the latest crop insurance data from AFSC and projected crop costs to evaluate a crop plan in its entirety, said provincial crops economist Rawlin Thangara. “Let’s say a producer has a crop plan for 10 fields that he wishes to evaluate. […] Read more
Sobeys, Safeway parent seeks cost-cutting ‘leverage’
Empire Co., the parent firm for about 1,500 grocery stores across Canada, plans to restructure from a regional to a “largely national” operation cutting $500 million in annual costs by the end of 2020. Nova Scotia-based Empire — whose stores operate under brands including Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, and Lawton’s — on […] Read more
Manitoba crop groups officially on merger track
Five Manitoba-based crop producer associations, nearly all of which already work out of the same building, have a memorandum of understanding to work toward forming a single merged grower group. The Manitoba Corn Growers Association (MCGA), Manitoba Pulse and Soybean Growers Association (MPSG), National Sunflower Association of Canada (NSAC) and the Manitoba Wheat and Barley […] Read more
Canadian producers to plant record canola crop, boost soybean acres
CNS Canada – Canadian oilseed acreage is set to boom according to the latest acreage estimates from Statistics Canada. Today, the agency released its Principal Fields Crops Acreage Summary for 2017/18 on April 21. It pegged canola acreage at a record 22.387 million acres, a jump of 2.02 million acres over last year. “It’s no surprise […] Read more
Trade sees record Canadian canola acres as possibility
CNS Canada — Canadian farmers could be set to seed record-large canola acres in 2017, while wheat area is generally expected to be down on the year when Statistics Canada releases its first survey-based acreage estimates of the year on Friday. From a purely economic standpoint, “canola is historically the commodity that pays the bills,” […] Read more
Tax treatment of deferred grain cash tickets under review
Grain growers in Canada who take deferred cash purchase tickets for crops are being asked whether it’s time to get rid of the rule that allows income from those tickets to be put off to the following tax year. Tucked into federal Finance Minister Bill Morneau’s budget on Wednesday was an announcement of public consultation, […] Read more
Cyber-Savvy Farmer
