Ontario beef farmers have approved an increase of $1.50 in checkoff per animal to fund an ambitious industry-wide marketing effort for Ontario beef. Producers at the Beef Farmers of Ontario (BFO) annual meeting in Mississauga on Wednesday voted 87 per cent in favour of the plan. A similar plan was rejected at last year’s annual […] Read more
Ontario beef checkoff to rise by $1.50
Livestock tax deferral map expands again for 2018
Some northern and southwestern Ontario producers who had to sell breeding livestock due to drought in the 2018 tax year can now defer chunks of the income from those sales when filing their income taxes. The federal government on Wednesday rolled out its final list and map of designated regions for 2018 under its livestock […] Read more
Unusual third assessment run for livestock tax deferrals
In an unusual move, Agriculture and Agri-Food Canada has undertaken a third assessment for the federal livestock tax deferral. “Federal officials are currently finalizing the analysis to identify whether any additional regions have met the criteria for the livestock tax deferral,” AAFC spokesperson James Watson said. Under the deferral plan, cattle producers affected by severe […] Read more
Aphria says proposed hostile bid undervalues company
Reuters — Canadian cannabis producer Aphria said on Friday Green Growth Brands’ proposed $2.8 billion all-stock hostile bid “significantly” undervalued the company. Ohio-based cannabis retailer Green Growth, which merged with Xanthic Biopharma in November, said on Thursday it would offer 1.5714 shares for each Aphria share. The company said its valuation was based on a […] Read more
How Ontario’s new DON testing cost-share program works
With vomitoxin (DON) levels so prevalent in this year’s corn crop, the Ontario Soil and Crop Improvement Association (OSCIA) says a new DON testing cost-sharing initiative will help producers strategically market their grain. Why it matters: OSCIA says cost-sharing will help farmers know how severe their deoxynivalenol (DON) issues are, and how to market their […] Read more
Quebec rye production on the rise
CNS Canada — Rye production was up in Quebec in 2018, one reason being producers supplying hybrid rye for feed to the province’s hog industry. “Feed was coming from out west, but now we’re starting to produce the seed itself here,” said Andre Lussier, who farms near St. Hyacinthe, Que. and is a director with […] Read more
Rye prices as good as they’re going to get
CNS Canada — At more than $7 per bushel for rye in Western Canada, Cal Vandaele believes the price has topped off. “There’s been bids touching $8,” said Vandaele, of Vandaele Seed at Medora, Man., about 120 km southwest of Brandon, adding the price will decline over the winter. “When they start getting into these […] Read more
Maple Leaf to consolidate Ontario poultry processing
A new $660 million plant at London, Ont. will house Maple Leaf Foods’ Ontario fresh poultry processing operations by mid-2021 as the food processing firm prepares to shut three older facilities. Toronto-based Maple Leaf announced Monday it will build a 640,000-square foot plant at London, billed as “one of the most technologically advanced poultry-processing plants […] Read more
Ceres lands tenant for Niagara-area grain elevator
A former Robin Hood flour mill repurposed as an export grain elevator in the Niagara region will devote the bulk of its capacity to a new tenant starting next summer. Minneapolis-based Ceres Global Ag Corp. announced Tuesday it has a new long-term storage and handling agreement in place with London Agricultural Commodities (LAC). The agreement […] Read more
Sobeys parent to buy fresh-food grocer Farm Boy
The owner of the Sobeys and Canada Safeway chains has a deal in place to buy southern Ontario grocery retailer Farm Boy, a well known patron of the region’s producers. In a deal still subject to review by the federal Competition Bureau, Empire Co. announced Monday it will pay $800 million for the grocery chain, […] Read more
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