Insights and Stories on Canada

Aug. 16, 2021 at 7:27 pm CDT

Chicago | Reuters — Chicago Board of Trade wheat futures took a breather on Monday after setting 8-1/2-year highs last week on concerns about tightening supplies in exporting countries hit by harsh weather. Russian agriculture consultancy Sovecon trimmed its forecast for Russia’s crop by 0.3 per cent from last week […]

By Tom Polansek

Jul. 21, 2021 at 10:16 pm CDT

Despite a previous statement from her ministry, Canada’s finance minister says a bill standardizing the tax treatment of farm transfers is now officially on the books. However, while Bill C-208 is now in federal tax law, further amendments are en route to plug legal loopholes the bill may have opened. […]

By Dave Bedard

Jul. 21, 2021 at 4:15 pm CDT

Washington | Reuters — The U.S. government on Wednesday extended the closure of land borders with Canada and Mexico to non-essential travel such as tourism through Aug. 21 even as officials debate whether to require visitors to have received a COVID-19 vaccine. The latest 30-day extension by the Department of […]

By David Shepardson

Jul. 20, 2021 at 6:55 pm CDT

As Canada’s beef farmers and ranchers face drought, industry leaders are trying to find ways to secure feed and help those forced to sell rebuild their herds. B.C. ranchers are dealing with high temperatures that have “parched the grass that was there,” Kevin Boone, general manager of B.C. Cattlemen’s Association, […]

By Lisa Guenther

Jul. 20, 2021 at 5:22 pm CDT

MarketsFarm — Supply/demand balance sheets for Canada’s major crops only saw minor adjustments in the latest update Tuesday from Agriculture and Agri-Food Canada, with hot and dry growing conditions leading to “significant uncertainty” on the state of the country’s 2021-22 crops. Total field crop production in the country was forecast […]

By Phil Franz-Warkentin