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
Canadian producers to plant record canola crop, boost soybean acres
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
Higher prices could give flax acres a chance
CNS Canada — Strong demand for Canadian flax, combined with small production, has driven prices up, which could tempt producers making seeding choices this spring. Last year, the amount of flax seeded in Canada was down about a third from the previous growing season. As a result, stocks are short, despite large carryover. Demand, however, […] Read more
Prince Rupert expansion to handle crop containers
A Montreal logistics firm specializing in loading pulses and grains into containers for export out of Vancouver and Montreal plans to set up shop at Prince Rupert. The Prince Rupert Port Authority on Monday announced Ray-Mont Logistics is developing a logistics and container loading facility at the south end of the West Coast port’s Ridley […] Read more
Adviser urges farmers to give up their sinful ways
Trying to hit the market peak, getting angry about mistakes, and putting off marketing chores are three of the seven ‘sins’ of selling your crop
Reading Time: 3 minutes While many grain growers came to FarmTech looking for insight on where markets may be headed in the coming year, Brian Voth challenged those attending his sessions with a different perspective on the game. Lured in by his title of ‘The Seven Deadly(ish) Sins of Grain Marketing,’ attendees soon found the Manitoba-based market adviser wasn’t […] Read more
What will make you money this year?
Reading Time: < 1 minute AgriProfit$ Cropping Alternatives has been updated for 2017. The crop-budgeting tool allows producers to project costs, margins and break-even yields for potential cropping choices. The data is presented by soil zones, with a mix of cereals, oilseeds, pulses and forage crops for each zone. Crop budgets include a projection of individual itemized variable costs as […] Read more
Crop fact sheets available
Reading Time: < 1 minute Three crop varietal fact sheets are now available. The Varieties of Cereal and Oilseed Crops for Alberta 2017 that provides agronomic characteristics and disease-resistance information are provided for varieties of wheat, barley, oat, rye, triticale, flax and canola. Varieties of Pulse Crops for Alberta provides information on pulse variety performance for varieties of field pea, […] Read more
French MNAs take EU-Canada trade deal to court
Paris | Reuters — More than 100 French left-wing lawmakers decided Tuesday to appeal to the country’s Constitutional Council to block a contentious free trade deal between the European Union and Canada. Supporters of the Comprehensive Economic and Trade Agreement (CETA) say it will boost economic growth and jobs on both sides of the Atlantic. […] Read more
FCC launches new loan for young agri-businesspeople
Canada’s federal farm lending agency is expanding its loan offerings in agribusiness and agrifood with a new program aimed at young businesspeople. Farm Credit Canada’s Young Entrepreneur Loan, launched Thursday in Ottawa during Canada Agriculture Day celebrations, will offer financing of up to $1 million per qualified applicant under age 40, at closed variable rates […] Read more